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.
One good thing, Volume seems to be back to reality. Hopefully we have a new average moving forward over the next couple of months of 15 to 20 million shares per day. Although I believe there's going to be at least a week of heavy volume when the share price goes up.
Unfortunately there's going to be social media about non-compliance with the NASDAQ, I'm pretty sure it's already beyond the 30 days. We will likely see something by early next week. Hopefully there is some encouraging language suggesting confidence we expect to regain compliance well before any deadlines.
Perspective! Everybody has an opinion, And it's usually based on whatever information they have including what others say. Some dig in to find facts some not so much. The rocket to $29.44 was unjustified. The significant decline after that was justified. Yes you heard me honestly and accurately. However, The decline to under $2 was completely unjustified. Which obviously suggests under $1 is ridiculous because it is. Clearly all non-profitable stocks without a clear path to profit have been punished significantly for an extended period of time. Primarily related to the overall economy inflation and interest rates. This company has vastly improved in many ways over the past 2 years, and maintain a stable financial profile (main reason to not have money invested in non-profitable companies in economies like this) throughout. They have already strengthened their image with people such as myself and obviously with institutions. The ongoing volatility is strictly related to manipulation. Every single individual and institution doing any diligence and having at least average intellect understands this company has a very bright future, In people invested long-term will profit significantly. There are people with a lot of money just playing games right now trying to make as much as they can in the interim because they can. In my humble opinion, anyone able to purchase shares under $1 is basically receiving a Golden ticket. Willy Wonka!! Because anyone with an average purchase price under $5 is going to make a very nice profit within the next couple of years at the latest. That does not mean people with a $10 average won't make money, I'm talking about 1,000% profit when I say a nice prophet. If anyone investing ever knew they can make even 25% profit a year they would be ecstatic. Well, at this point I'm 100% convinced I will make well over 500% profit average per year for the next 3 years. As long as there's not complete market destruction. One of if not the main reason the share price is where it is is because of COVID. That was the primary impact on inflation and the economy. At least modestly impaired supply chain and construction and significantly impacted inflation and interest rates. Within the next 3 years, This stock will have already hit $100. So by May, 2027 I along with any other long-term investors taking advantage of these to pressed prices will be able to comfortably retire if we so choose. And I only say within the next 3 years because no one in their right mind could have predicted the share price would be depressed and manipulated for 3 years. This could happen within months with the right news. Hence TICK TOCK!!!
For those investors doing their diligence information like this is fabulous.
https://t.co/Lk3Aazdp1q
Was there a large tranche of shares over 300,000 traded in premarket today?
Thank you for the feedback. The devil is in the details with all similarly situated companies. Have you ever read an actual FCEL PPA agreement with any of the companies that FCEL has a relationship with? Is it possible for shareholders to view that level of detail?
Does Fuel Cell energy qualify to “earn” any REC - maybe for TriGen but all the rest of their energy is generated using Natural gas.
So not relevant at all for now. May be when nuclear systems are installed or they switch to certified green hydrogen. but no sign of them even looking for customer to use green hydrogen wit their SOFC - the reverse - they are looking to generate green hydrogen with the SOEC.
All should observe King Shames and Hogwash talk only to each other. Each is leaning on the other for daily reinforcement of their losing convictions.
Neither pays any mind to the message of the market and , the quarterly reports, or analysts research. Rather they create exaggerated scenarios based purely on wishful thinking.
Thus they sit with an $.86 cent stock that looks to go lower and can't get past $1.00. But it makes them feel good!
Most likely the same person. It's all part of the effort to convince others to Buy a/o Hold .
But record and the results has proven otherwise.
Is that the same Krays from 2019, post 9880? You have been around a while.
Isn’t Camfield7 and Hoghead 7 one and the the same person Barry?
A REC is a tradable commodity. It has value. Where is the value if not with the owner?
So if Connecticut mandates that "generators" of clean energy buy a certain amount of REC's and REC's are traded like other commodities, wouldn't that be an
" asset " for the company?
https://portal.ct.gov/pura/rps/renewable-portfolio-standards-overview
Connecticut Renewable Portfolio Standard
The Connecticut Renewable Portfolio Standard (RPS) is a state policy that requires electric providers to offset a specified percentage or amount of the energy they generate or sell by purchasing renewable energy credits (RECs) from renewable sources.
This policy creates a financial incentive for development of renewable energy projects by ensuring a market and steady stream of revenue for renewable generators.
Owners of electricity generation projects that qualify as renewable under one of the three classes of Connecticut’s RPS receive one REC for every megawatt-hour (MWh) of electricity they produce.
These RECs are tradable commodities that allow the environmental attribute of the renewable energy to be bought and sold separately from the energy commodity itself.
etc etc
"Specifically how do the Renewable Energy Certificates fit in?"
i would suggest bending over, breath out and just shove real hard...
So a stock that does not make profits, misses earnings almost every quarter, and revenue is decreasing is undervalued?????????????????????
Off subject: I have never read an actual FCEL PPA agreement with a power purchaser. Is it possible to see and read one? Specifically how do the Renewable Energy Certificates fit in?
Analysts project an $.08 loss/sh for the quarter. That's a 60% increase from the prior quarter. It's based on the lack of new contracts and another disappointing revenues report as Expenses eat into the numbers.
This will be the 10th straight quarter of losses since FEW was to change things. Instead he diluted the shares thereby diluting shareholder value by 50%.
Perma Bulls have been making wild statements about the earnings report coming. Ask them how they determine it. You'll find them making assumptions but no facts to base it on. Excuse after excuse and what is shown for it.
Quite Embarassing!
Delisting a clear possibility
The stockhas a negative value ie less than zero according to Peter Lynch's trusted formula.
The current price builds in the meager positive news given since the last quarter.
No professional analysts has changed his opinion and not one has a BUY rating on it.
The stock can easily move to $.50/sh and with equal ease, get de-listed.
No doubt, bounces along the way can come. But with each bounce Sellers come in, taking what they can,
FEW has not given one indication things will improve. No game changing news has been told to sooth worried shareholders.
Shorts know the facts and wisely have taken advantage.
"Manipulation" is no more than an excuse for facts.
Follow the market and stick with the trend. Avoid the promoters flowery talk, They cannot show real evidence of a change but spew out what they wish for.Wishing has never been a profitable way to own or buy a stock.
Yep… that is why I said to check its 5-day chart.
It was 0.06 on the 13th!!!!! Don't blink in this market.!
I have had June 6, on my calendar for months now. I forgot about the fees dragging down previous quarters being gone. I too believe we could have (0.04) v (0.05) maybe a little better. Either way showtime is drawing near. The dominos are set. All 451 + million of them. The word is six days for shorts to cover 94 million shares. In the words of Herbert Morrison, "Oh the humanity!"
Its back down to $1.33 now. Was halted at $2.12 when I posted my comment.
Go Reddit! What a smokin gain for some lucky people!
The stock is undervalued and has been systematically shorted for months. The price is manipulated down as much as possible and within a tight range.
I think the likelihood of delisting to be small although I can see how we might get a warning if the price stays here.
I doubt Few et all are not keenly aware. Not laissez faire in the matter and may have a plan to burn the shorts and drive the price in the opposite direction. There is no gain for them to ruin bonuses and cut their own throats. The expectation that we are a small cap struggling company may be a Trojan Horse. And as you know;
" Familiarity
Breeds
Contempt".
Stock continues to show no Buying interest as Sellers seize an opportunity to take small profits.
This show a lack of confidence even with Long term Holders who have been disillusioned by the company and its performance. Every reason shows they were right .
Not FCEL related… check out the 5-day chart for FFIE. Holy Moly!!! That Reddit group has done it again! Maybe they can come to our baby?
Analysts expectlosses to continue quarter after quarter for the next 5 years.
As one could see, the stock reacted to the last quarter negatively as analysts were unimpressed.
The estimate among 4 analysts is a loss of $.08/sh which translates into a 60%increase from the prior quarter.
That was $.05/sh loss.That's the reason the stock dropped and stllis going lower since that report.
The market follows intelligent research It pays no mindd to promotional one sided incomplete research .
https://www.nasdaq.com/market-activity/stocks/fcel/earnings
FCEL beat earnings estimates 3 Qs in a row now. Analyst estimates consensus is 8 cent loss and they had a five-cent loss in Q1 on their so-called low watermark revenue quarter. Not quite sure how they're not going to at least match that $0.05 loss, with construction done on several projects previously impacting earnings and added recurring revenue from generation previously not included in earnings. There are also no fees associated with project delays or not running at full capacity. Either we get analyst revisions or we should be by at least a couple pennies. They also have a consensus June 13th report date. My estimate is June 6th. We should know no later Then June 3rd if I am correct, But more likely by Friday May 31st. And I wouldn't be surprised if they beat the $.05 lost from Q1. $.04 vs $.08 estimate and four quarters in a row of beating estimates should make it powerful statement
Bit of a role reversal here. We usually go up on heavy volume well over 90% of the time. And we typically trickle down on lower volume over 90% of the time. Although 15 million shares exceeds the typical average when there's nothing crazy going, it's well below the heavy volume we've had the past 2 weeks. Be nice to see it close over 86 cents and even nicer to see it close over 90 cents. I think the shorts are desperately trying to keep this under a dollar for 30 days, So they can get a required notice from the SEC of non-compliance. And fuelcell Will then reply with a statement of their belief that The share price will regain compliance within the allotted time frame. That warning carries negative connotations They should be meaningless given the financials and the progress of the company combined with the current global push to incentivize and commercialize their diverse portfolio of patented technologies. Especially working with some very high profile projects and customers such as the Department of Energy the Department of defense the US Navy Exxon Mobil and Toyota to name a few.
Have to stress again, no news. SSDD
In my opinion more Pavlov still heavy volume trying to run the price up first thing in the morning then beat it down shortly after the open. They want people to sell shares and take little profits or whatever little gain they get back after the open so they can gobble up your shares as the price declines. Then by mid-June they make over 100% profit
No news. Shorting pure and simple. What a hoot when 94,000 million shares need to be bought to cover shorty's butt.
The usual early morning short attack started. Longs buying and holding stops a short attack. All it takes is one short domino to fall. Shorts taking a big risk.
Yes!!!!!!!!! It will be soon.
Check out @camfield7 message on Stocktwits http://stocktwits.com/camfield7/message/572633206
Don't forget this post from the 13th ironically fuel cell did stay over 84 cents at the close yesterday. We need 95 cents.
I sent him the link for the book. I doubt if he'll pick it up. His lessons come with the teachings of HOGWASH..
For goodness sake why do you have a "meager understanding of where we stand".
It's as plain as day and has been for 3 years. Do you understand what fundamentals mean? did you read any of the analyst reports? Have you no recognitin of the charts and technical?
That's where you stand.!
“I'm hoping there's a big light bulb that goes on for the analysts after Q2 earnings are released and they conclude the call.”
My guess is that you will just have to go on blaming everything on shorts and manipulation…lol
Wow…you have a lot to learn…I recommend starting with “investing for dummies”…
Thanks for the review because there was a lot going on then I could not remember all of it. My meager understanding of where we stand still makes me lean toward earnings beat. It will sure be good to hear the analysts sing us some praises for a change.
I do keep pondering how increased shares
( aside from the usual cries of dilution) impacts the the totality of the company. All big companies in order to grow have had to increase shares either by selling new shares or announcing splits to make shares more available to common stockholders. But to me, if we were to have double the shares we know of now say up to 900 million circulating, (keeping some in reserve) and and hovered at a dollar per share, then the next upswing of a dollar per share puts us close to a market capitalization of 1.8 billion. I think it is easier to convince retail investors to spend a buck or two a share than $20 a share. And that is the beauty of the "plan". You saw the volume yesterday and it is our friend, you know that. We don't have to go immediately to $29. All we have to do is to keep up with cash flow, dilution be damned.
One or two pieces of good news.....
Looks quite similar to previous multiple DEAD CATS. First the pop; then Sellers come in while buyers and short covering dries up.
Its all a classic case of a continuation of the down trend.
As any observer can tell, it hit the resistance of $1.00 as I so often pointed out, and got slapped down quickly.
The 2 Long think alikes keep saying its all due to manipulation and shorts. Lets examine that excuse.
The fact is SHORTS wouldn't have been so successful over the years the stock fell UNLESS the fundamentals had suggested they should. There then would be no reason to short with the reckless abandon they have.
2nd- There's a big difference between " manipulation" and short term trading. What's seen here is investors taking profits whenever they can and whever the opportunity arises. They do so when they believe no rise is sustainable because the fundamentals do not justify it. Neither do the technicals.
Manipulation as its called comes as a result of a lack of confidence in the stock sustaining an extended move. This stock has not..... and for 3 years.
Now some year the perma Bull will be right ; its possible. Yet after 3 years of being wrong with the market telling him so, can that perma Bull and his follower really take a victory lap ? Or was it caused by a change in fundamentals of the company.
Investors should recognize these very true observations and dismiss the excuses so often appearing here.
The market is the judge. What has it said?
I'm pretty sure the drag from the b shares on cash was because the price was below a certain level, And when it was below a certain level the company had to pay additional monies to the b shareholders for the shortage. They receive a dividend quarterly. So they would receive that dividend I think plus extra They bought out the class A shares back around 2019 or in 2020, via Few's guidance As they were costing a ton of money. That was Enbridge. They did a whole lot of stuff between 2019 and 2021 to straighten out the finances. The final steps to really straighten out the earnings have already been taken. Now all we need is cash flow to begin from new sales. Those final steps included completing projects that were delayed repeatedly causing fees and shortage of revenue. Toyota and Groton namely. With Toyota and Groton operational (fully In the case of Groton), those very pricey fees have gone away, construction costs are gone, and significant revenue will show starting Q2. Impact on earnings should be substantial, based on the elimination of fees which were hurting significantly, and 40 to 45% positive margins on generation revenue. Those margins which the Bears wrongfully always suggest are negative, Although they have been historically, it was related to the projects not being operational. I'm hoping there's a big light bulb that goes on for the analysts after Q2 earnings are released and they conclude the call.
Today the trading pattern was different as you pointed out early in the day. A short attack followed by some consolidation? Suddenly today no volatility.
Price held tightly (+ or -) within 0.05
Absolutely. With regard to hostile takeover the FCEL B shares are another defense. If memory serves me, a lot of B shares were bought out in 2018 or early 2019 to reduce the payments due holders of B shares that were dragging on cash flows at the time. B shares represent a differential vote that protects against takeover.
Leaving some B shares was a foresighted defense.
https://www.investopedia.com/ask/answers/042315/how-can-company-resist-hostile-takeover.asp#:~:text=A%20preemptive%20line%20of%20defense%20against%20a%20hostile,shares%20to%20be%20able%20to%20cast%20one%20vote.
I've seen several people recently and in the past post about buyout or takeover, mostly by XOM, But recently as of today by Toyota. I'm not opposed to that because I know we would make at least a thousand percent profit instantly, But I think it very highly unlike them. The market cap right now is a speck in the ocean, But within the next two years it's going to be an island. One good reason to increase shares, is to avoid a hostile takeover. The board would never approve of a sale of the company for less than $10B, And that would actually be cheap, If in fact ExxonMobil and fuelcell believe they have a "game-changing" technology, which they both have quoted I'm more than one occasion, You don't sell something like that you believe has immeasurable potential for what would likely be a limited short-term gain. Let's keep in mind, every bear on the boards has stated FCE give away their technology to ExxonMobil which was absolutely factually incorrect. Now, FCE has the right to develop and install the jointly developed technology with whomever wherever they want. Drax is currently working with TERC In order to pursue commercializing our technology with biomass. Toyota absolutely loves our tri Generation platform. They are also fond of our CHP application according to the interview with Mark yamauchi and Paul fukamoto. Expect updates from South Korea this fiscal year at the latest. Keep an eye out for updates in Canada on several fronts and with Navajo Nation. We should have an update with MHB at some point this fiscal year also. 2024 Will be the low watermark in more ways than one referencing a quote from Mr Few about revenue. It will become crystal clear FCEL was vastly undervalued and is poised for long-term exponential growth. 2025 will be the year they prove profitability is certain. In 2026 will be the year everyone knows who Who Fuelcell Energy is.
Whats the market telling you ? Pay attention to it; not the HOGWASH you've been hearing. It hasn't and doesn't share your optomisim.
After all, the market is the ultimate arbiteur. Isn't it ? Try to buck it at your own peril.
From a week ago:
https://stocks.apple.com/A_rgk2SpmTLu4s5_33ACjRw
"With this information, we can see why FuelCell Energy is trading at such a high P/S compared to the industry. Apparently shareholders aren't keen to offload something that is potentially eyeing a more prosperous future. "
"As we suspected, our examination of FuelCell Energy's analyst forecasts revealed that its superior revenue outlook is contributing to its high P/S. It appears that shareholders are confident in the company's future revenues, which is propping up the P/S. It's hard to see the share price falling strongly in the near future under these circumstances."
That is a different kind of game. Devious but not surprising. Q2 report will clarify where we are. Today is lighter in volume but better than 10-12 million shares/day we had earlier in the quarter. I remain optimistic.
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: |