Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Repost from PLUG board, courtesy of B_B!
Plug Receives $1.66 Billion Conditional Commitment Loan Guarantee From Department of Energy for Green Hydrogen Development Pipeline
May 14, 2024
https://www.ir.plugpower.com/press-releases/news-details/2024/Plug-Receives-1.66-Billion-Conditional-Commitment-Loan-Guarantee-From-Department-of-Energy-for-Green-Hydrogen-Development-Pipeline/default.aspx
Ya Plug rising from the ashes. If we all go up it really puts the squeeze on!
PLUG EFFECT MEANS SHORT SQUEEZE
SHOULD RECOVERSOON 1.00
NOT YET DEAD
Nice volume and moving up pre market but shorties like to set up and dump on opening. They were not too successful yesterday morning. Short action fizzled quickly yesterday. We will see. Good if we can maintain the momentum. Know anyone at Reddit who can raise the flag for us? Maybe run us up to 80 or so😂
I am also retired and sometimes I think "what cash flow" ? Paying bills? That's cash flow but not the kind I like. I liked NVAX cash flow past couple of days. Shows what one good bit of good news can do. Can you imagine getting caught short with that? 4 to 13$ overnight!
Yes, and I'm retired too so cash flow isn't what it once was.
LaNina yes. I was in Tallahassee when Hurricane Helena hit in 1985. Only time in my life I felt I (we) would die. My friend and I helped evacuate 80 residents from a local
nursing home to Tallahassee where it appeared Helena would not hit. The storm paused briefly offshore and instead of turning west as expected it made a bee line to Tallahassee. The tornadoes blew out the windows of the Nursing Home we had fled to. Wrecked the city. After that I said "never again" to being near a hurricane.
You mean La Nina this summer. 😁. I live in Florida and worked for over a decade with the State Emergency Response Team/Florida Division of Emergency Management. This is forecast to be quite a rough hurricane season, and Florida very well might feel the brunt of it. Not to mention the 3 devastating tornadoes that hit Tallahassee on Friday. I lived there for over 25 years.
You're very welcome. No offense taken. I hope it helps.
You call a penny up???
A penny on such hge volume tells me there's huge Sellers holding the px from going higher.
They don't have a clue.
And if the queen had *&$%# she'd be king.
Hypothetical wish list.
If this trend reverses itself, I’ll buy a ton…if I see real legitimate reasons to believe that it is about too, I might buy a bunch…
But I won’t buy one share on the HOPE that it might…
Ya its funny how cash flow slows ya down. I laugh every time I look at how many shares I have between 0.68 and 1.00. Payday coming up. And when the price doubles it' like Christmas in July!
Must have missed this post earlier. Either one of those scenarios would be super. I think generally there is so much double guessing the Fed and interest rates that there is hesitancy for many companies to spend money. Once the fed is certain they have tamed inflation watch out! I also think a couple of hurricanes, el nino this summer and people choking on Canada's wildfires will rev up concern for climate change.
I went all in at .62 in premarket. Would have bought more but some of my money didn't clear yet.
Nice volume and up! More to come.
The recent report of FCEL/ Dept of State plan to assist Ukraine Nitrogen fertilizer output is understated.
Necessary for the NH3 ( ammonia) that is the basis of nitrogen fertilizers is the ability to reform precursor components such as H2, natural gas, electrolysis during processing, sequestering of carbon, and eliminating pollutants like NO2. If that sounds familiar it is because fuel cell has the ability to process in all those areas. Not only is the H2 necessary to bolster Ukraine to wean off Russian gas supplies but the Nitrogen fertilizer supply is as important. Much of Europe is dependent on Ukraine food production which uses fertilizers. Ammonia for fertilizer production is equally important throughout the world.
Thank you for answering up.
Please forgive me if I offended you in any way last week.
Every market investor who is successful follows basi principals ie fundamentals and technicals.If either or both are not positive or at least appearing to become positive, there is no reason to purchase,
Trying to guess what's cheap is folly. Stocks that look cheap getcheaper. Witness FCEL for example.
Longs have thought just about every price as it dropped looked cheap. They found it going cheaper and cheaper. And yet they never learn.
I am not short; nor to I know whether this company will be successful or not. I rely on what the market is telling me, what the company reports show, what truster reseachers report and technical analysis.
All of that saved me a bundle of red ink.
And for good sake, don't pay mind to the BS promoters you read on this board. Their record is abyssmal.. They do no thorough research. They report one sided views. They base everything from factless assumption with little to support it.
When the items I listed above change positive, I'll change even if it means paying a higher price. Until then, the stock has less than no appeal and I'll continue to dismantle the non-sense I read here.
One big sale announced in South Korea could create quite a nice short squeeze then! Or maybe a deal with a crypto miner to power their power-needy data centers… would probably take one at each site and if they have 5 or 6 centers across the country, that would be a nice sale!
I am optimistic that with regard to evaluation there is some group think going on. After all we are just a small cap company. Analysts are more keen to get it right for the big boys.
I think we beat earnings Q2 and if we get a break on losses FCEL pops. If enough shorts are left without a chair when the music stops they get burned and we fly. I agree with Hog there is a low limit for shorts. We should be turning up. What would shorts know that we don't know? Where are the negatives driving the downward trend?
but Fuel cell isn't in the mobile sector (like Ballard, PLUG) , it has one hydrogen production facility “selling” to one end customer . No one else has the natural gas generation business for sure but maybe that is just too dull for analysts and stock pickers. Bloom has more attractive solutions and customers in the energy server business as well.
may be the market is beginning to realize there is a difference after all.
we need news/dates on the SO electrolyser business with Nuclear companies, that is an attractive market that FCEL is lined up to lead in.
That's a first. In all my years I've never seen fuel cell be even or down (basically) and all the other fuel cell stocks be up substantially. Never! I've seen one up substantially or maybe even two, But not all three with fuel cell in the red or flat. Shorts can't like that. If the industry starts taking off, There's no way they're going to suppress fuelcell! Especially when people are looking for news and all they see is good news. Especially if they be earnings first week in June. Seeing as how everything I've seen about the other three recently is questionable at best. Correct me if I'm wrong, articles that I've seen state the others either missed on earnings or revenue or both.
Are you considering any strategy on this?
I mean, is there a price you would load even for a short term, or do you know this company is doomed and wisely are short?
My average is slipping but I have done little research other than my own estimates on price fluctuations and flipping it a few times.
I gotta admit, there does seem to be a chance it could gain traction. (Eventually)
Thought?
Blessings
You continue to embarass yourself with such deductions. They're factless and pure hypothetical baseless exaggerations.
And yet they continue to be the choice and the sales.
Try as you will to denegrate solar, that's what's preferred.
Show me where FCEL is the choice.
You can't make it happen by dimishing the demand for solar. Where's the demand for FCEL's product.
Can't maintain 50 plus million shares a day much longer without the share price going up. Certainly seems like we're breaking 50 million today since we're over 34 million by 11:35. In my opinion, If you think this decline was crazy wait till you see the ascent. We went up over 1400% in less than 3 weeks. Until we went below $1, I didn't think that would happen again. Given the insanity of averaging over 54 million shares a day and declining to less than 70 cents, I definitely believe it's possible, And not only possible but likely. After all 1,000% from 70 cents would still be under $8. Based on if any shares were sold and if so how many, cash value of the company is still probably between $1.40 and $2. No multiple at all. So 3 to 4 X is very rational while going on a run And still no worries near double digits.
That's a lot of money bumped up in one year in just North America. Those who think hydrogen is magically going to go away anytime soon Our completely delusional. And just think, money is still being held back waiting for policies to be finalized.
https://www.worldhydrogennorthamerica.com/event/b9129970-729c-486c-8fe0-dc1ff07f5be9
And New Mexico getting tough on flaring. FCEL is an obvious solution.
https://www.msn.com/en-us/news/us/new-mexico-reaches-record-settlement-over-natural-gas-flaring-in-the-permian-basin/ar-AA1nSI5v
I like the little flag forming today. Showing some stability.
We have a very positive history with New Mexico and the Governor. Part of that history resulted in business with the Navajo Nation!
https://apnews.com/article/new-mexico-seeks-hydrogen-fuel-investments-14ce91107e326a3adbc32c63cb98a50b
“Panels radiate heat immediately back into the air.”
So what?
Investorhub price for FCEL is delayed. I am seeing 0.73 on Yahoo
The panels get really hot. So hot at times it is impossible to touch them. So its not like a tree that absorbs the sun and stores the energy. Panels radiate heat immediately back into the air.
most panels are recyclable now, but stll bio gas is a better source of renewable energy in terms of power per acre.
I forgot about the relatively short lifespan of the panels. Plus the landfill requirements to dispose of used panels. Good point.
I believe it is a concerted effort to drive down the price and shake people out of their positions. You correctly point out, no substantial negative news in the face of much positive news. Short percentage is 22%. Highest I have seen since owning this stock. Risky business for shorts.
I would love to explain it if I only knew for a fact. What I can tell you it's down for the same reason it's been down for over the past week. If it Was anything significant That would justify such a drop, We would have been notified via a required SEC filing. Since we have not been notified I have to assume it's short manipulation. Think about it with the momentum building for our technologies, As undervalued as the stock was at $1, And all the information on the message boards suggesting there's a very high likelihood of a run to double digits in the next one to two years (at the very latest mighty I add) when the institutions just love to save 50 cents share on a few million shares. 3 million shares premarket is certainly not typical an obviously involves some big trades.
If I recall correctly it's about 1:30 of the land required the same amount of energy. And we are just now starting to realize the effects of what we need to do when the solar panels are no longer operational. It's really a no-brainer given the fact that solar and wind are not always available and take up much more space. Just so happens many of the big investors obviously are just catching on to that it's the most recent institutional buying
Any idea why it is down so much in pre-market this morning? Is there some sort of news or commentary out, or are manipulative shorts trying to scare weak investors into selling them their shares real cheap?
There may come a time when FCEL does reverse from its disintergration with something(s) for Longs to bet on. When that occurs, the market will recogize it and it will be reflected in the direction of the sh/px.
There's nothing at this time ( except for a DEAD CAT BOUNCE to suggest a change in trend is happening.
If/when the technicals appear to be changing and there's evidence of a reversal in the fundamentals, I'll see it and be the 1st to say it.
Until then, there's no reason to believe the stock is cheap. That belief existed on every levelon the way down and look what happened.
To avoid further embarassment, back up what you predict with facts to support it.
Unless and until tax credits are given for fuel cells, they play a secondary role in clean air goald. Solar is the winner now and for the foreseeable future.
You may be aware that one company , interviewed on CNBC has proven a method of removing CO2 from the air directly. They then bury it deep into the ground. Big companies like Exxon are taking a serious interest in this company..
While in its infance, it promises to minimize the need for fuel cells and thereby further put FCEL deeper in the no sale category.
This small company calls their process having the potential of making the cc industry a $trillion dollar industry.
That's one to put in Hogwash's pipe and smoke it. A little thorough DD goes along way.
Your exaggerated px calls follow a record of unfulfilled others that preceded it for 3 years. The assumptions you make to arrive at those prices are both fundamentally and technically basis.
Following technical observations, threre's major resistance at the $1.00 level. Then resistance appears at every single level above it.
From a fundamental viewpoint, there is nothing within your crystal ball that exists to change the direction of this stock. That which you believe will do so is based upon hope only.
How can any investor base their investment decisions on those factless unsupported claims.
You have seen this stock meltdown for 3 years for the reasons I've given. It's supported by analyst research which you obviously have ignored.
Optomists can only hope that things change. But hope is not a wise reason for an investment.
To restore som credibility in these unsupported claim, I suggest you do a little introspection before making them.
In the last few years I have traveled about the country and have seen many thousands of acres of fields of solar panels. Impressive as they are, the amount of land needed for adequate implementation of solar power is summed up in your post by Mr Fukimoto
"``They don't have a lot of resources in the port. They don't have a lot of space to put large solar fields. So, knowing that we get both clean air and low or zero carbon emissions out of these systems is something that's really easy to get excited about.’’
An important benefit of FCEL modules.
I repeatedly told people we would gain over 50% by year end 2020, from June to October. we gained far greater. we will gain 200%+ before end of fiscal year from here. $2.25 is an easy prediction, realistically with favorable policy decisions, rate cuts and 2 decent quarters June & September, we could easily surpass $3, or 300% before end of fiscal year (10/31)
FuelCell Energy, Inc. (NASDAQ: FCEL) is an integrated fuel cell company that designs, manufactures, installs, operates and services stationary fuel cell power plants.
As a leading global fuel cell company, we provide ultra-clean, efficient and reliable baseload distributed generation for electric utilities, commercial and industrial companies, universities, municipalities, government entities and other customers around the world.
Direct FuelCell® (DFC®) power plants manufactured by FuelCell Energy can utilize a variety of fuels including renewable biogas from wastewater treatment and food processing, as well as clean natural gas, directed biogas and propane.
Our DFC power plants produce power electrochemically — without burning fuels — making them clean, quiet and environmentally responsible alternatives to combustion-based generation.
Our power plants have generated more than 1.5 billion kilowatt hours of ultra-clean electricity, equivalent to powering more than 135,000 average-size U.S. homes for one year.
FuelCell Energy’s world headquarters are located in Danbury, Connecticut, in the USA. Our global markets are served from a state-of-the-art production facility in nearby Torrington, Connecticut.
Our customers in Europe are served by German-based FuelCell Energy Solutions, GmbH, a majority owned joint venture with sales and service located in Dresden, Germany and manufacturing in Ottobrunn, Germany, which is near Munich.
Customers in Asia are served by our partner POSCO Energy from manufacturing facilities located in Pohang, South Korea.
FuelCell Energy offers a comprehensive portfolio of services for fuel cell power plants. Specially trained technicians and engineers remotely operate and maintain virtually our entire installed base of Direct FuelCell power plants globally, 24 hours per day, 365 days per year from the state-of-the-art Global Technical Assistance Center located at our Danbury, Connecticut headquarters. Field service technicians directly employed by FuelCell Energy service the power plants on-site.
FuelCell Energy scientists are actively researching unique applications for our versatile DFC technology including hydrogen generation and carbon capture. In addition, we are pursuing research with solid oxide fuel cells as well ashydrogen compression and storage.
FuelCell Energy’s international reputation for leadership in ultra-clean energy solutions has been built on a long history of innovative research and development that reflects the successes of our highly talented and creative workforce. We are the first fuel cell manufacturer to commercialize megawatt-class stationary fuel cell power plants and we believe that we are the first stationary fuel cell manufacturer to generate a quarterly gross profit.
FuelCell Energy traces its roots back to 1969 and the founding of Energy Research Corporation (ERC) by early fuel cell pioneers Bernard Baker and Martin Klein, both chemical engineers with expertise in advanced battery technologies.
In the 1970′s, with funding from the U.S. military and utility companies, the Company conducted extensive research into low-temperature fuel cells as well as silver-zinc battery cells. In the 1980′s and 1990′s the Company switched its focus to high-temperature carbonate fuel cell systems which offered greater commercial applications due to the ability to internally reform readily available fuels such as natural gas and renewable biogas within the fuel cell itself to provide the hydrogen for the power generation process.
Our first commercial power plant was installed in 2003 using a 250 kilowatt (kW) fuel cell stack. Through technology enhancements and cost reductions, we have increased the power output of the stacks by 40 percent to 350 kW and reduced product costs by more than 60 percent. Today we are installing multi-megawatt fuel cell plants and fuel cell parks globally.
The production facility in Torrington, Connecticut, USA was completed in 2001 and produced [2] megawatts (MW) of product the first year. As of the end of fiscal year 2012, the plant was producing at an annual run-rate of 56 MW. The total annual capacity of the facility is 90 MW.
FuelCell Energy began expanding globally in 2007 through its partnership with POSCO Energy , targeting markets in Southeast Asia, particularly South Korea. A European manufacturing, sales and service presence was established in 2012, with German-based FuelCell Energy Solutions, GmbH.
1969 | Company founded as Energy Research Corporation (ERC) |
1992 | 120 kilowatt fuel cell stack demonstrated |
1992 | Initial Public Offering (IPO) |
1996 | 2 megawatt demonstration plant installed in Santa Clara, California |
1999 | Company focuses on carbonate fuel cells, is renamed FuelCell Energy, Inc. & spins off battery division, Evercel |
2003 | First commercial installation of a Direct FuelCell® power plant |
2003 | Annual production of approximately 3 megawatts |
2007 | POSCO Energy partnership begins – global expansion commences |
2007 | Annual production of approximately 11 megawatts |
2009 | Production of 350 kilowatt stack commences |
2011 | Power output milestone reached with one billion kWh of ultra clean electricity produced since 2003 |
2011 | 11 megawatt fuel cell park commences operations in South Korea |
2011 | Annual production of approximately 46 megawatts |
2012 | European presence established with FuelCell Energy Solutions, GmbH |
2012 | Asian manufacturing strategy implemented through license agreement with POSCO Energy |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |