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Buy on pullback to $1.15. CPI number not friendly to the market today. Below $1.15 on a closing basis means wait.
W/O any fundamental gangbuster news , sympathy with the market is likely. None ( news )is given. Talking won't help. That's only noise as we've seen.
Many different articles over the past few days about the extension with ExxonMobil, 90% of them very positive. Of course there's always seeking alpha. They like to put a negative twist on everything with their amateur authors that always say something inaccurate. 55 million shares traded at 8:47 a.m.. yesterday's support seem to be at $1.18 as stated yesterday holding there would be bullish. Holding over yesterday's clothes after the open would be very bullish. Anything below 1 million shares at 9:35 would just reiterate my opinion No one wants to sell their shares. But they would love to steal your stop losses. TICK TOCK!!
Vijay, subtly continues pushing policy support!
https://www.linkedin.com/posts/dr-vijay-swarup-120a95159_exxonmobil-sxsw2024-sxsw-activity-7183463721527132162-F9fJ?utm_source=share&utm_medium=member_android
https://www.gasworld.com/story/fuelcell-energy-and-exxonmobil-extend-partnership-for-co2-capture-and-clean-energy/2137046.article/
https://carbonherald.com/fuelcell-energy-and-exxon-extend-and-update-their-joint-carbon-capture-agreement/
https://www.google.com/url?rct=j&sa=t&url=https://www.msn.com/en-us/money/markets/fuelcell-energy-extends-carbon-capture-technology-deal-with-exxon/ar-BB1lh7OT&ct=ga&cd=CAEYBioTMzczMTEwMDk0NDM0ODA1OTM3NzIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw3ZoNWatG7RBF7MV3eYMbB-
I’m not sure how a buyout would benefit us as shareholders? Unless you feel like the run to $29.00 was a one time occurrence? What would Exxon buy is for at the moment, $4.00 per share??
“I believe that the correct price was $6 million dollars and a $60 million dollar 5 year research contract. Not bad for a company on the verge of bankruptcy and being threatened with delisting from the NASDAQ.”
Yup…like I said…fcel had what they were interested in and paid to get their hands on it…and over the years they have worked together to improve the tech…
Exxon has all they need from fcel…their interest in fcel continues as long as fcel can continue to make improvements and share them with Exxon…
“The fact of the matter is that Carbon Capture is WAY more important to Exxon (who need the technology to save their massively carbon polluting refineries)”
Exxon had been researching CC long before they hooked up with fcel…but fcel did bring something to the table and that was all well and good…but any research developments that has been accomplished in the last 6 yrs has been done via a JDA…there isn’t anything that fcel has or can do that Exxon can’t…
“Also, the fact that Exxon is willing to grant FCEL the right to market the improved carbon capture technology to anyone reflects how much Exxon needs FCEL expertise in the area.)”
I disagree…the idea that Exxon has allowed fcel to go seek their fortune with the tech tells me they really don’t much care what fcel does…if they felt like fcel was really important to them, they would have signed them to a contract to lock them in rather than give them the ok to go do whatever they want..
Exxon keeps stringing fcel along for pennies and peanuts just in case they come up with something useful…
Exxon also needs fcel to be the face of the failure if things don’t work out or go according to plan…
Jumping on board.
Excited to see how this agreement goes with Exxon.
H that's legal language as he is transferring titles from his current position as VP COO to VP Strategic Partnerships.
Johnny, I would love to see that but for now I want to see the upcoming "commercial agreement" that is currently being negotiated between Exxon and FCE.
A buy-out, as some have suggested, trumps an IPO....but I'll take the Low Carbon Solutions IPO.
Very perceptive of you!
Biden Meeting with Japanese PM Wednesday.
Some stories that they will discuss Hydrogen. Will it be more useless talk? Probably. Japan loves H2 but US only talks and then back stabs. The Prime Minister, Kishida, will visit a Toyota Fuel Cell plant in North Carolina. What better time to truly promote H2? But so far the media ignores or only says that he will visit a "Battery EV plant". smh.
I am hopeful that Kishida's life is not in danger for his views. The last PM was assassinated....oh wait....that was just one crazy guy so it had nothing to do with politics...never mind.
I hope Exxon splits off their Low Carbon Solutions division and does an IPO. That would get things going.
I expect this to happen because the guy in charge - Dan Amman - came from GM where he wanted to split off part of GM green industry to an IPO.
I must say, I knew he was a very important part of the team, and when I read resigned effective immediately I was a bit concerned.
8k Lisowski no longer COO Now VP Strategic Partnerships
https://d18rn0p25nwr6d.cloudfront.net/CIK-0000886128/bff1dd06-2eb8-4f3c-b393-4357738f68c5.pdf
I bought some today. I like the trading behavior. Its being accumulated and noticed as you wiutness slightly higher highs and slightly higher lows each day.
I'll add on any small dip tomorrow or when itsbusts thru $1.25 . Either case, its getting attention.
You have no justification to say a1400% gain can happen again.. WAke up from your delusional dream and face some reality.. It'll save you much embarassment if you do.
That big move 3 years ago came with a great deal of anticipation. Reality set in and the anticipation fizzled as the stock went to $1.00. SELLERS were right and you were so wrong during the drop.
Now you're back at it. This time with a shameless track record and no credibility.
Recap
Closed up over 5% on above average volume on what was mostly a slightly negative day for markets. Looks like today's support was $1.18, so that's where I'd like to hold support through the week. Very bullish if we hold $1.20+ tomorrow! TICK TOCK!!!!
Although I must say a $1.24 or higher on 15 million shares would be exciting. Put that could be the big players swing trading. That's why I'd rather just have 3% a day. But we did run $1,400% in 3 months, We certainly know it can happen especially on good news f o m o and momentum.
Volume exceeded daily average by 3:00 p.m., And was up 5% give or take a fraction. Would be awful nice to see it close over $1.20, But I'm perfectly happy with less volatility closing in the green at all. 3% average a day for the next 30 trading days would work. Let's say $2.40 before Q2 earnings. Nice earnings 20% pop, Read back the $3!! Let's get a start with 3% a day average between Monday to Friday. Potentially a little short squeeze??
TICK TOCK!!
I believe that the correct price was $6 million dollars and a $60 million dollar 5 year research contract. Not bad for a company on the verge of bankruptcy and being threatened with delisting from the NASDAQ. The fact of the matter is that Carbon Capture is WAY more important to Exxon (who need the technology to save their massively carbon polluting refineries) Also, the fact that Exxon is willing to grant FCEL the right to market the improved carbon capture technology to anyone reflects how much Exxon needs FCEL expertise in the area.)
I've been steadily accumulating shares priced below $1.20. It's a fantastic bargain entry point.
Your quote from a prior post:
“and the key fact that we can NOW market the technology with anyone”
First of all, no one ever said fcel GAVE the tech away…they sold for 10 pieces of silver…
yes they can market the tech, since they requested that Exxon allow them to do so and Exxon gave them permission…
does that sound like the tech is solely theirs?….
Btw, where’s that $300 mil that Exxon was going to give fcel when they signed the new contract with them?…you know, the contract that you felt so sure about with high confidence?…
How many honest bears are there? Especially those willing to admit they stated FCE gave away their carbon capture to Exxon Mobil who owned the technology and all of the patents, or any part of that factually inaccurate statement.
Nice volume today As I have stated repeatedly, resulting in pushing the stock price higher. We always go up on heavier volume. And when the share price goes down volume is almost always below average. Not a lot of time this morning but I believe we were over 5 million shares by 10:30 a.m. if I recall correctly. During that volume we touched $1.23 and we have support maintained well over a $1.13. would be a great sign to maintain support over today's open, in that $1.15 range, and have higher lows and higher highs at least for the remainder of the week. Many different articles and links referencing the extension with ExxonMobil and the key fact that we can now market the technology with anyone. So much for the Bears insisting we gave away the technology! Anyone remember that?
Ballsy move or expectation of a rise in share price coming to "appease" investors?
Time to add a little....... now or any $.02 -$.03 pullback.
The "back and fill" trading is evident warranting a purchase or a small add.
No technical support at $1.14. Read any chart to see that.
Chart shows some at $1.10..... then solid support at $1.00 - $1.05.
Resistance at $1.20.... then more formidable at $1.25 and then in the $1.33 -$1.35 area. A solid wall of resistance around $1.50.
Interpreting a chart properly can prevent bad decisions.
Unless some news of significant positive importance is released, this stock will continue to fail penetrating the levels the market has established.
No near term catalyst is expected. All the Bulls can do is rely on CC coming to the front burner by 2035 -2050. THAT IS NOT USEFUL!
Deserving of it's own post! Finally speaking out and pushing the facts!
https://www.linkedin.com/posts/activity-7183075691607838720-AC5P?utm_source=share&utm_medium=member_android
As of today, seems to be support T $1.14. no real buyers slapping the ask though.
CA making more strides.
https://endeavor.omeclk.com/portal/wts/ug%5Ec%7C9ehwvsqe%7CzhFqjCE867yhsh7MzNbe83aF0CnngneesjPcEF2PPyPqr%7CCqkBEOtr9ra
https://endeavor.omeclk.com/portal/wts/ug%5Ec%7C9ehwvsqe%7CzhFqjCE868%7Chsh7MzNbe83aF0CnngneesjPcEF2PPyPqr%7CCqkBEOtr9ra
I do recall hitting a hundred million I don't remember it being much over that. Either way the fact is we go up on heavy volume. The only time that's different, is if we've been going up substantially on heavy volume. Then there might be a sell-off of day traders and swingers.
Good stuff in the FCE Rotterdam release
"...FuelCell Energy can market its original generation of carbon capture technology in addition to a modified version of its original technology that has been enhanced with innovations from the companies’ jointly developed design.
Pilot project to test jointly developed carbon capture technology proceeding at Esso Nederland BV’s Rotterdam Manufacturing Complex; project start-up expected in early 2026.
The pilot project is co-funded by the European Union under the Emissions Trading System Innovation Fund and by the Netherlands Enterprise Agency by means of a Demonstration Energy and Climate Innovation (DEI+) grant.
The jointly developed carbon capture fuel cell technology to be demonstrated in Rotterdam features an optimized design for large scale installations. Jason Few, CEO and president of FuelCell Energy said, “Through this updated agreement, we can move more quickly to provide access to this superior technology in our existing platform targeting small to mid-scale opportunities while [b]we demonstrate large scale carbon capture at Esso’s refinery in Rotterdam.”
...the technology so far has met or exceeded key technical performance criteria...
[Rotterdam]...it will support future pioneer project deployments of the jointly developed technology that the companies anticipate pursuing with select customers.
FuelCell Energy and ExxonMobil intend to negotiate a commercial framework aimed at enabling deployments of the carbonate fuel cell technology for carbon capture.
Manufacturing of the modules for the Rotterdam demonstration has begun in FuelCell Energy’s Torrington, Connecticut, manufacturing facility.
FuelCell Energy and ExxonMobil’s 10-year-long working relationship has focused on innovating technology that can significantly reduce CO2 emissions from emission-intensive sectors while generating electricity and hydrogen in the process, something that no other fuel cell technology or conventional absorption systems can do."
https://www.globenewswire.com/en/news-release/2024/04/08/2859150/8041/en/Recently-Updated-and-Extended-Joint-Development-Agreement-between-ExxonMobil-Technology-and-Engineering-Company-and-FuelCell-Energy-Aimed-at-Accelerating-Access-to-Carbonate-Fuel-C.html
I don't remember the exact date in November or December 2020, but I di remember a day that FCEL volume exceeded the Dow Industrials. It was impressive in the hundreds of millions.
Seems as though support is and has been making a point. And it's obvious enough some of the Perma bears have even acknowledged it. However, Wait till this jumps 10 to 20% and you'll see that attitude from the bears flip instantly. I'll go back to referencing Pavlov. Bears are definitely conditioned to believe the cycle will be endless, But I know for a fact that's not true. At some point the share price is going to continue to climb, And I will continue to see any substantial pullback from a run as a buying opportunity. I'll even specifically suggest losing 50% of any gains would be a buy. Eg: $.20 pop (at the close) dropping $.10, or $1 increase dropping $.50!
TICK TOCK!
127k shares traded at 8:27am is about double normal volume at this time premarket, in recent times anyway. Let's hope we sustain volume throughout the day. Premarket has consistently been under 100k shares at 9am for a long time. Up $.02 could be a very good week if we can break 15M shares daily. Especially since it appears there's a lot of support around $1.11-$1.13. So much for the bears ridiculous comments about $.50, reverse split, delisting and bankruptcy. FCE making sure everyone is aware they have extended the JDA and can market elsewhere with others.
https://u29265312.ct.sendgrid.net/ls/click?upn=u001.AGVir0q-2FyZWbZ5ev3cZBUkEleMvRVzeSDmm68mD8cr13GDagsfw6w1sfhJ8dxDUGVZH0yIbpjC3dMDbQG5Y1Ie8F9cJJtHxYjH-2B5CdrCyTYE4wCabuKV5T4goy18kXDMJQPZLU17uEkshbmumU2kwEex5GQslY7gfHKf-2BV6a-2B8hYpHGfxwENGxHeShLyR-2BpMLMoK3o0y7KN-2BSt-2FOl4-2FMurwm1NGajgQemFlgaUW3qtdHQ2tuz7V6NVn2imW1G8tDNSNxyYydhEh5z49jF636-2Bi-2BGQKxKvDMc79xunXIhwchnbRehJSVUIkFBYhNuh7jOd6TwIXc3fvYt3ojMg-2FwppW8DDkbzlAMuU3zsYOmTkzPouFJs60BKE1t4Ig3Pup-2FwHIqr1WsGHyWoyVeZ6qMShg-3D-3D6yw0_FLPzT2gB4L4-2BGAeomRFoIkV8JLL6vIhz-2FCbDV-2BLOv-2FBGaGJCPvB-2Fqu8tNctOSA6PcdyqIcWisY6kkpNN1CTW-2BdQYb3lx9Lv96x3oKAqeGZPfrJxIF0mUAzmUd-2BONrBLuxekQMoRiL1l8mz-2FzgFuOt0tW24KAQHrU9QXG0kbdEmd-2BNhCcHvr8DWlobu3lNQvl7GnXCNngSVv0cPl8A9-2Fefwj36aRJVe6eAcFcrn0NffJNl2sQ-2F7tdMznifJCBpbOskWK43SQSJHqrDvLEVLfWgMKBpPP8B0ougJWRllbcM3jhBQjtkfI1ZEbuVkIr3gigJipfoPwVHxwy24rJXDmMyfGg81myJBk4wfVIQdQGJHeQ64LFgscpCI12trffuaaACtmMkMBSOnXKqtw-2F7DxG1uHPaONKLbUMmWJA-2FW8-2BdXVH-2FVSwrbT6Ql-2FyXPpZUJu-2Fj8wLa1uhTpQ09klbQVjdmsCJMTF23Sb-2BSc3Vvm4MVH1WtcLeIYFX2tM7VKcWqO0j-2BUQ5horyiETc6nSY2kfOLComBhed8Ej90Szlv1JhiBUaUnhzhrQ3fvMBiUkVSog388e27Q2phQXHpPZu7tjttA-3D-3D
But the market knew this on 12/23/2023. It didn't move the needle did it ?
"Pilots" fly planes They don't change prices.
Waiting for the Exxon/Fuelcell Energy Rotterdam commencement announcement
"The Porthos system is planned to be operational by 2026, with construction set to begin in Rotterdam in 2024."
https://www.porttechnology.org/news/port-of-rotterdam-maps-out-first-dutch-co2-storage-project/
All eyes will be on this game changer
ExxonMobil to build carbonate fuel-cell pilot plant in Rotterdam
"Esso’s Rotterdam integrated manufacturing site will be the first place in the world to pilot this technology."
"The pilot plant aims to obtain data on performance and operability of the carbonate fuel cell (CFC) technology, jointly developed with FuelCell Energy."
https://www.chemengonline.com/exxonmobil-to-build-carbonate-fuel-cell-pilot-plant-in-rotterdam/?printmode=1
Try a diaper the next time.
I sincerely wish my message doesn't scare you. Clear and objective is my goal on this board. And as you know , I have no tolerance for one sided opinions or pushers who distort, exaggerate misread and misstate technicals ,omit trutful research and ignore fundamentals.
Is that clear enough? Don't let it scare you.
Sometimes you are scary clear.
Is class over ? cause I have to pee😉
I'm sure they all differ based on several variables. The only one I've ever heard them give those details about that I can recall is Bridgeport. I know all together, generation now over 60MW with nothing negatively impacting the financial result like fees or penalties or construction costs, is supposed to be 40-45% + margins. Newer modules have higher efficiency with minimal increase in cost resulting in higher margins. They are spending a lot of $ on Cap X and R&D. I'm certain there's a sizeable fee for sponsorship and displays or booths at shows, all which are expected to create future revenue but none immediately. Same with R&D, although that may be under Advanced tech, which obviously is a revenue stream.
More evidence today that $1.10 will hold and the stock is under some "accumulation".
Volume has been relatively low the last few days. Selling interest appears to have weakened. Some Buying is protecting the stock from going below support at $1.10.
In a word , the trading is dull. NEVER SHORT A DULL MARKET.
If you ever spoke the truth as you say, you wouldn't have been wrong at every turn for over 3 years.
The truth shall set you free. Try it; you might find it refreshing and relieve you of your disappointments.
You see , the " potential" so much tauted is nothing more then a fabrication. based upon what seems logical to accept by the hopefuls, but rejected thus far for years by the market and trusted analysts.
"Potential" does not appear in the financials at all as it isn't p/o the fundamentals.
Only when it can be recognized as a clear coming to bare fruit by the market and the analysts of worth will you see it beginning to appear in the sh/px.
Until then its just an unreconized mirage having no convincing value.
How wrong have shorts and flippers been ? They know !
It tickles me to watch the trading also. Seems so controlled at these prices then suddenly someone slips in 10,000 shares. Quiet accumulation as Q2 approaches. It will be fun to watch. Have a great w/e. Have your ISO certified glasses ready!
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 |
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