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Big oil must keep producing and may even increase production due to demand. Catch and kill from Exxon would look like this: Exxon buys parts and technology from FCEL to "prove" carbon capture using molten carbonate technology. In about 1.5-2yrs Exxon announces the process did not prove economical enough to "make the investment". Case in point is the way the commercials (by Exxon) showing green bubbling ponds of plant life making oil without polluting the environment. I believe that technology was shut down by Exxon. Catch and kill.
"the realism that leads to the positivity" that you cannot deny is that FCEL is up with volume pre-market at 6am. Unless it is a sophisticated pump and dump today, I am living in the right world.
And good morning. Good to hear from you. Keep me in reality. In your time, rational world, where does FCEL end today after profit taking?
In your time reference you are stuck within a two year paradigm for your rational predictions. And it works as long as you stay within a two year frame if reference. When I look how far fcel has come in the past 5 years my view is a lot more optimistic. You cannot deny the numbers look a lot better in 2023 than they did in 2019
Much like time is different for each observer so is realism. Neither realism nor positivity can be forced on one observer by another observer. I am positively sure you are right in your time frame and realistically you can't disprove events in mine. Good luck in the morning.
I am realistically positive.
We will see. It certainly won't be the end of FCEL.
Exxon is good with capture and kill.
https://investorplace.com/2023/05/fcel-stock-alert-can-exxon-save-the-day-for-fuelcell-energy/
near end of article;
Why It Matters
Within the last three months, only one analyst — Craig-Hallum’s Eric Stine — covers FCEL stock with a “hold” view. Over the past one-year period, a total of seven experts covered FuelCell, all of them rating shares a hold.
In this instance I sure hope the fed doesn't give heavy weight to what Canada does. Its feeling like Alan Greenspan is still here.
We need a little pause. Let the pie bake for a while.
38 mil eh? I need to get a new almanac.
May 1 2023, from Market Watch
Shares of FuelCell Energy Inc. FCEL charged up 2.7% in premarket trading Monday, after the maker of fuel cell technology platforms said it received an order from Exxon Mobil Corp. XOM affiliate ESSO Nederland B.V. for equipment and support needed to implement a potential demonstration of carbon capture at an Exxon Mobil facility.
Is Esso Nederland same as Rotterdam?
So Canada increasing its interest rate is one of the reasons given for the NASDAQ fall today. And in the US we can't breathe because of their forest fires. I have never heard of the US exchanges having such a reaction to anything Canada does, not even winning the Stanley Cup. Come on, there are only 21 mil people in Canada. Its Greece in another form.
Seeking Alfalfa says;
FuelCell Energy expected to post +60% rise in FQ2 revenue, helped by order wins
They expect revenue of 26 mil
eps 0.07
Q- Why did the NASDAQ suddenly falter today?
Pretty exciting so far. Pump and dump setup? Unknown news? Plain old good luck? I'll take it.
Sometimes things just look good.
Here is a funny article that has not made it out to investors generally that showed up in TD America this morning just as a new offering is being made for tens of millions of shares
https://markets.businessinsider.com/news/stocks/bombshell-whistleblower-testimony-suggests-virgin-galactic-could-be-wildly-undervalued-1032373752
There is no doubt the markets move in response to events, and pennies. Today it is fear of decline in China's output. Heck a week ago someone tried to use Greece again for gloom and doom. You know, the domino effect that if Greece fails then Italy fails and the next thing you know the European countries all fail. Analysts. Can't live with them and... Look at XRX Xerox two year chart. Looks about as good as FCEL's Bet those holders are having a blast. And I bet some analysts are saying buy and some saying sell. The only way to pick the winner is to do your own dd and either pat yourself on the back or kick your own arse.
I am taking your advice however and reading up again on technical and fundamental trading.
Anyone who statistically has more than 10 yrs to live.
That is impressive. I do not have level II. If you do does it show who the big buyers are or whether they are retail or institutional? There is a stirring of change here and for me it is exciting because I am making money when FCEL up and buying if it goes into the two's (if it does I don't feel alarmed).
Agree with analysts being off by penny or two ...
As far as Joe Manchin running for president I think he falls in the category of too old.
It has been a while since a significant black swan market event. I wouldn't be surprised that AI doesn't trigger one.
Do you believe AI is impacting trading? Is it a retail investor game changer? Historically the markets tend to rise, people and institutions make money and everyone is happy. My present feeling about markets is that due to technological trading like algorithms and high speed trading there is really no need for rising markets in order to make a profit. In other words by using technology to play the minute rises and falling prices intraday is all you need to succeed.
Short squeeze would be nice. Not having shorts attack is good too. A good old ho hum quarter with no negatives would be good as long as we meet "analysts expectations". No chance to manipulate there either. FCEL reacted really hesitant early, maybe general market sentiment, but it was a great ending.
A bit disappointing really. Maybe we used all the travel money on the upgrade to FCEL web pages.
I never look at one day as a trend. I have been long FCEL since 2018. I was lucky enough to hold to $27.00 but took a lot out for fear of a drop. When I was buying at 0.26 I questioned my reasoning, and when I didn't sell at 0.13 I questioned my sanity. When I read your posts I sometimes again question my judgement. As you probably realize by now I am not a chartist, nor a fundamental kind of trader ( because accountants can and do fudge numbers). And stock valuation is extremely time consuming and I am not good at it.
I appreciate your posts because it adds balance to insanity. I can agree FCEL went to 29 on irrational exuberance and not because it was a 29$ stock. or the fundamentals were not sound and all the things you say. But I believe "the plan" and having near choked to death in my youth from automobile exhaust I believe the time to move on from fossil fuels is now. It has as good a chance in my thinking as the "major players" to make an impact on the environment.
Keep up the good posts.
Haha! Good one! I sure wish I knew who was doing the manipulation. Who cares about CCS? Certainly not Exxon, Chevron et all. Can you say catch and kill. Oil would love to keep denying climate change. In the 1950's -'60's the roads were so choked with exhaust from automobiles it was nauseating. Not to mention the lead poisoning in the air. Just like big tobacco big oil denied their part (100%) in the problem. Until a smart man started testing for lead in children's blood and it rose exponentially where cars were ubiquitous. No manipulation of the facts oh no.
Big business doesn't lie or manipulate, oh no sir. Angels all! Haha!
It is a funny thing what people believe. Ben Franklin once said it doesn't matter what people believe as long as they have an articulated belief.
Volume works both ways. If for example a stock is down 8-12% on low volume it is as meaningless as being up 8-12% on low volume. Volume is just an indicator and shows how interested stockholders are in any stock movement. Belief systems impart a sense of security to the believer. I could just as well use Tarot cards to come up with a system to understand stock movement and it may even look convincing much of the time. I might even convince others about the value of tarot reading and caution them on the "death card". After a while someone is bound to claim a correct prediction and make some money.
I just wonder why if this stock's fundamentals, etc etc are so bad why most players including institutional holders aren't dumping potentially massive losses before they get worse? Are they hoping for it to gain a bit more to recoup losses before they get out? I don't know and I doubt anyone can say with certainty. If I could be a fly on the wall in Exxon's boardroom, or any number of big companies, I would have a more clear understanding of things. I don't have that luxury.
The Tarot card says your line in the sand at 2.25 is fiction today. Tomorrow however no one knows.
Yes, some good news would be timely but as long as no negative surprise I think 3rd q things fall into place. Plus as $ start flowing after the long wait re debt ceiling and paring back of infrastructure bill and green energy, next 6 months are good. The cost of growth may get a little higher but as long as we can add to recurring revenue it all works out.
It doesn't matter. We are already watching the $2.25 line in the sand blow away. Of course it could be just a little manipulative run up before the shorties pile in to drive the price back down. What is significant is the liw volume suggests holders not willing to sell. Too valuable.
Good find. The time frame that the conference is using for CCS is over the decade. We will be screaming for mitigation of fossil fuel pollution in the next two years. As sea levels rise, and the solar maximum kicks in it will be hard to disbelieve the effect man is having on the planet.
Exxon's sentiment about clean energy stated clearly:
https://stocks.apple.com/A5ojDBiMsSbmiJkp4HB0YWQ
I am watching the line in the sand.
Nov 9, 2020 FCEL 2.85, and Nov 23, FCEL 9.69.
I wish those analysts would have claimed FCEL was about to explode and not stop till $29. No one except a blogger on another board consistently predicted the rise.
Analysts at the time were still tolling the death knell. And they didn't predict the fall of all alt energy stocks in Feb 2021.
Thats what I believe.
Bonds cost money to the company (interest and coupons and all that). Therefore they dilute shareholder value.
"Incomplete and biased". Aren't we all.
As far as the report on the 8th, I am not an analyst so I can only guess. I would like a surprise of 0.06-0.09. I do believe revenue up year over year with expenses up due to growth.
I always wonder when a news report says so and so company missed analysts (predictions) expectations for the ( whatever) quarter by 0.02 per share... Why doesn't anyone ever point out the obvious that maybe the analysts are not accurate? Maybe the company did exactly as it should have and the prediction was wrong. In fact if I was an analyst and 100% accurate In my predictions, I assure you I would be rich enough by now to care less about the market or any individual stock.
You didn't answer the question about Bloom selling securities. I doubt it is because they need money, being so profitable and all.
"Only following the wrong research , half baked as it is, would see it otherwise."
When I read such one sided wisdom I marvel how not holding any shares of a stock can make a person want to hate on the stock and spend so much time on this board? (rhetorical question). I do enjoy your posts. Its because they keep balance in the universe of things. There is an honesty in acknowledging other views may be just as valid as your own.
This is how "major players" do things:
Its all about increasing shareholder value.
Oh look! Bloom is also down 50% from August of 2022. What the heck! These "major players" sure know a good thing when they see one. Bet their stockholders are excited about the fundamentals there. Keep pumping "the major players".
Does this mean Bloom is selling securities to raise cash?
Item 1.01 Entry Into a Material Definitive Agreement.
Indenture and Notes
On May 16, 2023, Bloom Energy Corporation (the “Company”) issued $632,500,000 aggregate principal amount of its 3.00% Green Convertible Senior Notes due 2028 (the “Notes”). The Notes were issued pursuant to, and are governed by, an indenture (the “Indenture”), dated as of May 16, 2023, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”). Pursuant to the purchase agreement among the Company and the representatives of the initial purchasers of the Notes, the Company granted the initial purchasers an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $82,500,000 aggregate principal amount of Notes. The Notes issued on May 16, 2023 include $82,500,000 aggregate principal amount of Notes issued pursuant to the full exercise by the initial purchasers of such option.
Oh look! Ballard stock is down 50 % from price in August, 2022. Its their "fundamentals" no doubt helping their race to the bottom, but hey, that's what "Major Players" do.
" The major players" are all down from last year. Good comparison. Oil is up because OPEC is lowering output to manipulate supply and demand.
Oh I am sorry, that word is banned. OPEC is trying to reduce carbon emissions by lowering oil output. Thats it! Yeah... Exon et all would love alternate energy to really take off so they can become obsolete and sink into oblivion. Big companies never "manipulate" or cause environmental problems. Can you say "ENRON", Exon Valdez, .... well even you can figure it out.
A market maker or liquidity provider is a company or an individual that quotes both a buy and a sell price in a tradable asset held in inventory, hoping to make a profit on the bid–ask spread, or turn. The benefit to the firm is that it makes money from doing so; the benefit to the market is that this helps limit price variation by setting a limited trading price range for the assets being traded.- Wiki
What Is a Market Maker?
The term market maker refers to a firm or individual who actively quotes two-sided markets in a particular security by providing bids and offers (known as asks) along with the market size of each. Market makers provide liquidity and depth to markets and profit from the difference in the bid-ask spread. They may also make trades for their own accounts, which are known as principal trades.
Investopedia
Here's how it works: The specialist posts these bids and asks for the entire market to see and ensures they are reported in an accurate and timely manner. They also make sure that the best price is always maintained, that all marketable trades are executed, and that order is maintained on the floor.
The specialist must also set the opening price for the stock each morning, which can differ from the previous day's closing price based on after-hours news and events. The specialist determines the correct market price based on supply and demand.
Long explanation for manipulation.
Let me see, NASDAQ is a major stock exchange, DOW is a major stock exchange, FCEL is a major stock exchange ....
Its not? Oh so a false comparison to compare a small cap stock to major indices.