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Me too. I've been buying between 1 - 1.12 lately.
Holding support at $1.00 - $1.05. A few more days of this and the Longs will have a reason to nibble. A break below the 52 week low $.97 and the Longs (who have any understanding of T/A) will know to step aside and watch the drop.
You're already hearing a few Bulls getting ready to make another mistake.
Hogwash wants it to drop below $1.00 so he " could buy more ". That's if gets his " commission".
At $2.95 a post and 11,000 posts. he's be able to buy over 33,000 shares.
There's a sucker born every day.
"I am loving buying at 1.00$"
oh yea...good times!....lmao
have at it...there are as many shares at a buck as you could possibly want...
just keep whistling past the graveyard...
Haha! Well said Hog! I am loving buying at 1.00$ I Even had orders in for less than a buck but they never hit. Sir Hope keeps promising me buying opportunities under a dollar but he isn't delivering.
" I think if this touches below $1, it will bounce at least 10% within 1 - 2 days."
well of course...doesnt cost anything to say that...
i recall you saying the same thing at $20, and all the way down...10% was significant at that pps...saying the pps will bounce 10% from a buck doesnt really make a whole lot of difference...especially when pretty much everyone who owns this stock has a much higher average pps...
but hey...the good news is that if the stock drops to a dime, not only can you say you are happy cause you can buy cheap shares but you can once again predict that it will pop 10%...for whatever good that does anyone...
Sometimes life is too obvious, other times it’s obtuse.
It's deja vu.
Sound familiar?
Respect the TREND. Listen to the market.
Right at support and oversold. This level is critical. Any savvy investor would " wait and see". If it holds for awhile (bouncing around within support) dipping in a tad may be ok for another bounceONLY. If it breaks down, below $1.00 on a closing basis there's a vacumn between here and $1.75.
Given the prevailing weakness over the last 1-2 months, there is no reason to do anything here. Those counting on something big happening are basing it only on hope. They've done that before many times only to look later at lower prices.
The pushers may talk the talk. But the results prove their foolishness.
I would think it was obvious, But I don't think it'll stay that low long enough for me to buy more, I was it stays there until Friday and I get a commission on Thursday. Highly doubt either happens. I think if this touches below $1, it will bounce at least 10% within 1 - 2 days.
Can you explain this sentence?
"I'm perfectly okay with this hanging around $1 or even under for the next few weeks so I can buy as much as possible before the run, I just don't think it will."
"I just don't think it will." It won't hang around at $1 or there won't be a run?
I wonder if this can be contributed towards the previous project they announced a few years back which finally received venture capital funding the end of last year. Or if it might go towards a second project
https://biomassmagazine.com/articles/doe-opens-25m-funding-opportunity-to-support-tribal-clean-energy-projects
I'm perfectly okay with this hanging around $1 or even under for the next few weeks so I can buy as much as possible before the run, I just don't think it will. Not sure these days when I'm getting my commissions. I'm owed $ and just not getting it, so I can't even load up during this BS pull back. 4 very significant + updates within a month which has never happened in the company's history. And it drops over 10%? If it were coming off a 50+% pop or over valued that would make some sense, but it's current valuation is less than cash value! A post on ST stated short volume was 76% Friday and 75% Monday. Apparently we need a rate cut & a new $100M contract to shove up their ---!
I'm perfectly okay with this hanging around $1 or even under for the next few weeks so I can buy as much as possible before the run, I just don't think it will. Not sure these days when I'm getting my commissions. I'm owed $ and just not getting it, so I can't even load up during this BS pull back. 4 very significant + updates within a month which has never happened in the company's history. And it drops over 10%? If it were coming off a 50+% pop or over valued that would make some sense, but it's current valuation is less than cash value! A post on ST stated short volume was 76% Friday and 75% Monday. Apparently we need a rate cut & a new $100M contract to shove up their ---!
$30M opportunity deadline 4/29, relatively confident they will/have/should apply!
#ICYMI 🚨 Deadline: 2 weeks away❗ Apply by April 29📅
— DOE Fossil Energy and Carbon Management (@FECMgov) April 15, 2024
📢 $30M to advance tech that captures CO2 emissions & converts it into valuable products. ➡️ https://t.co/0snYAn8rU8 pic.twitter.com/RjM1soeazi
Where’s hedgehog?…fcel has had decent volume the last few days and the pps has dropped to a buck…according to him, the pps should only rise with good volume…so what’s going on?…lol
Hedgehog….we need you to scour articles about hydrogen, fuel cells and anything else you can find and post them here as if they are meaningful…
Surely there is a fuel cell company that is powering a daycare in Outer Mongolia or something?…
Now testing Major support betwn $1.00 -$1.05.
When it broke under $1.10 it was clear the stock would be destined to go lower.
Now the real test comes. A Hold here over a few das is encouraging. A break below $.98 -$1.00 will suggest the next target in the $,75 or even lower as I see no support.
The Bulls should be concerned right here. No Hogwash will convince the market.
Bill Gates Linkedin post - Clean Hydrogen
https://www.linkedin.com/posts/williamhgates_low-cost-clean-hydrogen-would-be-a-massive-activity-7178845707930406912-2WWP
Did Bill Gates just do a commercial for FCEL?
https://www.goodnewsnetwork.org/bill-gates-filled-a-pothole-with-modern-asphalt-made-of-carbon-captured-during-clean-hydrogen-process/
US electricity generation by natural gas is 40%
About 60% of US electricity generation is from fossil fuels—coal, natural gas, petroleum, and other gases. About 19% is from nuclear energy, and about 21% is from renewable energy sources as of 2023. As to renewables: wind 10% and solar 3.9%.
After all this political jawboning, the administration will have to come around. They appease the environmentalists...then they amend the rules to the likes of Exxon (nat gas) and Xcel energy (nuclear).
There is simply no way to increase the renewables needed to achieve this administrations US green goals when they presently sit at 14%.
https://www.eia.gov/tools/faqs/faq.php?id=427&t=3
Johnny, We, I certainly agree. Why isn't the DOE in the drivers seat instead of the Treasury? Just think of all the detailed investigation DOE has performed into hydrogen related projects operationally in determining the basis for granting awards. FCE has received over $67M alone. The "green goals" of this ignorant administration already weren't achievable and now two hydrogen hubs are threatening to be non-starters. I thought the $331M grant to Exxon for Baytown TX was large...Xcel Energy in MN has a potential $925M grant and neither of these hubs will pan out financially without the 45V 3kg full value. It appears from the article that the blowback has caused the need for more public comment, trying to wiggle out of their stupid blunder with the 3 pillars and save face. The part that is most problematic is:
"The GREET model has also proved to be controversial among developers because it is due to be updated annually or can be replaced by a similar system as determined by the Energy Secretary of the day, meaning that projects that qualify for one tax credit bracket in one year might not qualify for that same tax bracket the following year — adding a layer of uncertainty that is unhelpful for calculating future income and securing loans."
Forget adding a layer of uncertainty....how about making it impossible.
https://www.startribune.com/xcel-university-north-dakota-hydrogen-heartland-hub-federal-tax-credit-environmental/600358098/
https://www.hydrogeninsight.com/policy/could-newly-announced-public-consultation-on-us-hydrogen-tax-credits-delay-their-roll-out-/2-1-1626130
Awful to need acceptable size projects when historically, even 1 month ago, most long term followers and investors were just requesting new contracts. I would think 4 new contracts (basically) in 1 month would make all those closely following for long term would be enthusiastic. Especially given we are likely to not just have 4 in 1 month and nothing else to follow for the rest of the year. After all, Few did say California and SK were near term cash during Q1 call
So many articles about fuelcell
https://www.gasworld.com/story/fuelcell-energy-supports-californian-bio-generation-project/2137161.article/
https://www.google.com/url?rct=j&sa=t&url=https://www.cbia.com/news/manufacturing/fuelcell-energy-exxonmobil-agreement&ct=ga&cd=CAEYASoSMTAwMjA4NzAzNzg1ODc4ODUxMhozZjZjMTI4ZjIzMzRhODI4OmNvbTplbjpVUw&usg=AOvVaw17NNQPlm_YDHl5EHhUZoxB
https://www.google.com/url?rct=j&sa=t&url=https://www.biofuelsdigest.com/bdigest/2024/04/11/fuelcell-energy-to-supply-carbonate-fuel-cell-tech-to-amerescos-sacramento-facility/%3Futm_source%3Drss%26utm_medium%3Drss%26utm_campaign%3Dfuelcell-energy-to-supply-carbonate-fuel-cell-tech-to-amerescos-sacramento-facility&ct=ga&cd=CAEYAioSMTAwMjA4NzAzNzg1ODc4ODUxMhozZjZjMTI4ZjIzMzRhODI4OmNvbTplbjpVUw&usg=AOvVaw0WHGBw55nG29g7zX4X46Bf
https://biomassmagazine.com//articles/fuelcell-energy-technology-to-be-used-in-sacramento-biogas-project
https://www.google.com/url?rct=j&sa=t&url=https://www.tipranks.com/news/the-fly/fuelcell-energy-technology-to-be-used-in-sacramento-wastewater-biofuel-project&ct=ga&cd=CAEYBCoSMTAwMjA4NzAzNzg1ODc4ODUxMhozZjZjMTI4ZjIzMzRhODI4OmNvbTplbjpVUw&usg=AOvVaw0mThrt9rUjyZVLKjkCCEG8
UK huge plans
https://www.power-technology.com/features/public-opposition-to-hydrogen-pragmatic-problems-with-the-fuel/
JH, agree 100%. And I would add that what puzzles me the most is the fact that the Treasury Department and the DOE seem to have conflicting interests. Instead of collaborating on these important issues, they seem to be in conflict. Furthermore, the DOE, which has many more years of experience on every aspect of the hydrogen economy, instead of taking a leading role and provide guidance to the Treasury Department on setting the guidelines, is playing a passive, wait and see role on the sidelines.
Construction of first Dutch carbon capture & storage project begins in Rotterdam
https://nltimes.nl/2024/04/13/construction-first-dutch-carbon-capture-storage-project-begins-rotterdam
Biden admin is hosing H2.
https://www.hydrogeninsight.com/policy/could-newly-announced-public-consultation-on-us-hydrogen-tax-credits-delay-their-roll-out-/2-1-1626130
All the IRA plans are being destroyed. Very clear if one reads this article and follows the convoluted new proposals. Keep in mind that none of these proposals are warranted and instead the treasury dept should just stfu and implement the tax breaks as agreed upon in the Congress without any of the green blue gray colors that they created. All these unwarranted proposals will do is make sure that nobody puts themselves in the position to go begging the DOE for tax credits each year. Who ever heard of such a thing?
And this will result in uneconomical H2 of all types, because of $3 credit only for green-solar H2 will not cut it. The only hope is for overseas business and also to hope that Biden does not get four more years. He looked very promising and that's why the stock went over $20 but it was all a hoax and all a set up. If anyone disagrees then either they have not read the latest articles and proposals, or they are just in denial.
Xcel Energy Hydrogen hub in Minnesota at risk over 45V rules
First, Exxon Baytown TX at risk if 45V rules are not changed, now another one....
https://www.startribune.com/xcel-university-north-dakota-hydrogen-heartland-hub-federal-tax-credit-environmental/600358098/
Reinforcing promotional beliefs by creations of imaginary sales #'s with drawn out time lines convinces no one.......... especially the market . Nor has any analyst who objectively researches the company see it as realistic.
Living in a dreamworld makes your small audience wonder if your elevator goes to the top.
That's it for $1.15. Next stop a hopeful hold at $1.10.
Positive thought- The higher the px of oil, the more attractive solar, wind and hydrogen become.
1.6M shares on the day over two and a half hours in. That's about the average volume in the first half hour and less than the volume in the first 15 minutes whenever there's any significant movement or news. And only a handful of trades contributes to more than half of that 1.6M. I can't wait till the average volume is back up over 15 million a day. 20M would be even better.
Growth, for fuel cell installations specifically, according to this article, are expected to grow over 166% by 2028. 166% growth in revenue or share price in most cases would be pretty significant and pretty good to say the least and would put our revenue somewhere around $350M in 5 years. Few has stated current projections remain the same, which are $300M 2025, and $1B in 2030. That's 130% within 2 years. Expanding SOFC production from 4MW to 40MW within n 2 years (from 2023) is 900%. Recognizing that revenue might actually run well into 2026, but 900% in 3 years is impressive. Also expanding MCFC manufacturing as needed according to Q1 call I believe, which should happen with any substantial contract, ie: South Korea!! TICK TOCK! BEAT down a stick after the company proves that kind of growth. Only takes 1-2 good quarters and orders, don't need to show profitability! C'mon SK!!! 1 big order and 1 good quarter or vice versa and we roll!
Typically I like heavy volume partly because we usually go up on heavier volume, And it's usually more meaningful. Going up on lower volume right now is telling a story though. No one wants to sell shares. People trying to get shares have to slap the ass and can't try to wait for the price to come down. Only 6,000 shares traded in the last half hour pre-market. Only $280,000 shares traded 11 minutes into the session. I'm thinking at some point we're going to see a spike in the volume, and that could partly be related to the day traders slapping the ask then selling a chunk after a small gain to try to keep the volatility going. But sooner or later the volume is going to be related to people either trying to run the share price up or FOMO. "Could" result in a short squeeze and "COULD" happen at any moment. And I'm going to have every dollar possible in there when it does.
News continues to flow regarding the Exxon Mobil expansion. I've definitely seen more than 20 different links or articles. That doesn't happen without something being significant for any company. Yet the share price lingers. 43.9 thousand shares traded hands at 9am. Selling is clearly limited to those who are anything but investors doing diligence. Building wealth, over time, planning for retirement, etc! People not buying and holding are simply gamblers, and or lacking patience.
https://www.investopedia.com/terms/i/investor.asp
Johnny, yes. If the intention in the future is to produce hydrogen onsite, the modular design will allow for additional 2.8MW multiples.
It could be several multiples if the decision is made to utilize fuel cells to provide electrical power to all those homes!
for someone who boasts about being in the stock for 20 yrs and always rags on about traders, it really makes no sense why you analyze every penny up and down on an hourly basis....
and i might add, do it so horribly...lmao
when fcel won the lawsuit against that s.korean company, hedgehog was ecstatic that fcel would be able to sell hundreds of millions of dollars worth of product throughout all of s. korea...
i remember shaking my head as many others joined in the celebration...i then posted that in order to understand what would happen, you have to understand the koreans and how they do business...you cant just think like an american and assume everyone else will follow you or think like you do...
the koreans value loyalty, trust and saving face is huge...fcel embarrassed them with the lawsuit...right or wrong, it is what it is....i said it would be YEARS before they did any business with s.korea...even the things they were contractually ordered to do in the lawsuit werent done when expected...they did the bare minimum business with fcel that they had too....there has been no new business other than replacement of parts that were required to keep the fuel cells they had functioning...
now we are starting to again hear hedgehog talk about all the new business that fcel will get from s. korea....i dont know if enough time has passed or not...korea clearly intends to move forward with fcels, hydrogen etc...im not too sure if they are ready to do business with fcel again though...
as i said when the lawsuit was won, fcel lost more than they won...they just didnt know it at the time...
Thanks Max - I understand the issue of the integrated system. However, after the initial article, it is still a let down to know it is only 2.8 MW for the fuel cell component. Seems like market had a similar initial reaction.
I am pretty sure Sacramento area population is much larger than Tulare.
Oh well....in the future I guess this will be the limit. Although maybe the FC stacks will substantially increase if/when Hydrogen capability is added (?)
Some Bulls just can't make up their mind. First they advise patience. In the next breath they talk about a rush to a 1400% gain. Very recently its trying to make sense out of every tick movement in the stock associating the ticks with changes in volume.
When will they learn to respect TRENDS ? When will they recognize resistance and support levels ? Whenever will they know that attempting to make projections out of ticks and slight changes in volume is a futile effort with no credence.?
Oh well! You can take a HOG to water but..................!
That's a very interesting chart. Clearly we lost support at $1.13, But the vast majority of the volume today all happened within a matter of five or six minutes. On four separate occasions as it was near the bottom of the day, ultimately resulting in the share price ascending back to $1.16 immediately thereafter the last big trade this morning. Then there was about one more minute this afternoon with big volume. I'm guessing it doesn't get any more obvious There's some big money loving this price point. Bears calling for $0.75 or even $0.90 entry are out of their mind. Q2 call is only about 8 weeks away. A favorable 45V Should propel the share price well over $2, If not $3, very quickly. I've been following the company for over 20 years. They have never even came close to having four different positive company updates in 4 months let alone one month. And I feel pretty good about getting at least one more before the Q2 call.
Johnny I believe you are possibly taking a misread on what is being built.
It's an integrated 13.4 MW cogeneration plant that will utilize fuel cell and engine technology. The fuel cell component is 2.8MW.
This fuel cell MW is inline with other wastewater treatment plants like Tulare's.... where a 2.8MW FCE fuel cell was used.
https://investor.fce.com/press-releases/press-release-details/2019/Tulare-Project-Begins-Commercial-Operation--Supports-Achievement-of-Key-Sustainability-Goals/default.aspx
https://fuelcellsworks.com/news/ameresco-begins-construction-of-biogas-cogeneration-project-in-sacramento-california/
Despite the expected announcement, the stock is about unchanged.
One stretched out LONG now has pushed back his expectation for all kinds of contracts to come from So.Korea in 2024. I recall that same expectation to be in 2023 but it never happened.
In the meanwhile Bloom announced they did secure a contract 2 weeks ago in So. Korea It wasn't a small one either.
You'll notice no analysts has changed their ratings or their avg px tgts which now remains at $1.48.
With all the exaggerated expectations wouldn't you think the trusted professional analysts would recognize these and adjust his views. None have. Hmmm!
the good news its only down a penny holding nto its $1.15 minor support.
All this incredible news is really moving this stock!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! LOL LOL LOL LOL
Very important info to consider! One long investor commented about the length of time for projects. Governments and EDCs and obviously FCE Are all working to streamline the process. Without looking back at the recent transcript, I believe I recall Few replying to an analyst, They expect new revenue from California and South Korea in fiscal 2024. The analyst wasn't expecting anything new and expressed his concern. Few specified both. Keep in mind the companies projections right now maintain $300M revenue in 25 and $1B in 30. As previously stated that means we need contracts signed ASAP in order to get those projects operational in 25. Although I expect a large majority of that to be South Korea from replacement units with projects restarted. KOSPO 2018? Maybe 19, 20MW operational in 10 months. I believe most projects will be operational in a similar time frame by end of 2025.
Canadian carbon capture not likely a final decision until next year, But I'm extremely confident it's going to happen, And it's supposed to be one of the largest in the world. TICK TOCK! Big money traders can move the markets almost anytime they want, up or down. But I think they're all so smart enough to know when to shift their focus. At some point there's going to be enough positive news They know they have to shift. Like let's say after a couple of good quarters, starting with Q2. $15+M in generation revenue alone, That's fact not speculation. We've now announced the signing of three new contracts that happened in Q2, UCONN, NETL in Ukraine, and now California! Yes, 3 within a month of each other. And we are just getting started. South Korea is the big one.
I think the original info came from Sacramento Waste Water District. Big difference in Mw number!
Take a wild guess and say about 1 year. California is trying to streamline the process We obviously have a long-standing relationship in California and the EDCs are gaining familiarity with our process and our product. I'm guessing during the Q2 call there will be a reference on time frame. We should also find out if it's a power purchase agreement and they may actually share how much it will add to backlog.
How many different articles have there been on the Exxon Mobil partnership, I probably seen 20.
https://jpt.spe.org/exxonmobil-fuelcell-energy-partnership-accelerates-carbonate-fuel-cell-carbon-capture-tech
There's California, South Korea should be next.
https://s21.q4cdn.com/256256048/files/doc_news/FuelCell-Energy-Technology-to-be-Used-in-Sacramento-Wastewater-Biofuel-Clean-Energy-Project-2024.pdf
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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