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Well, 19 years after buying my first shares, but I was ahead for a little while about 2 years before the first reverse split when there was a huge run-up in the sector.
Interesting... I would think the name brand could sue for lost revenues due to false advertising by the generic manufacturer claiming their product was a true generic of the name brand when in fact it was not. FDA should run tests to verify every generic is equivalent before approving it.
Holy crap!! It might hit $10 in after hours! $9,60 as I type this!
Thank you... patience is a virtue... that said, if I had put all that money over the years and buried it in the back yard, then dug it up and put it all in FCEL a year ago this month, I could possibly retire now at age 46 (well, 46 this Friday). But hindsight is 20/20.
Likewise Barry! Have you cashed in any more profits today?
I wonder how Arthur “Chip” Bottone feels right now??? Well, not really. LOL!!
It will crash... haven’t you heard “buy on the rumor, sell on the news”??? LOL I kid, I kid. That said, I just sold 500 of my shares to lock in some profits... nice to say after being in this stock foe 19 years and weathering 2 1:12 reverse splits.
That news is quite old and has been thoroughly discussed on this board many times... but welcome to our FCEL party! No longer are we bickering and drinking away our sorrows.
Wow. That is truly shameful on the FDA’s part. Did the brand name manufacturer sue the generic?
Okay, did not know that. I see it turned negative again at some point during my commute to work.
Did news just come out? I don’t see anything, but pre-market just flipped from down double-digit cents all morning to up double-digit cents... like in a very quick time period, too.
Why are you here??? You should be trying to raise funds to cover your short position by making gaming videos for kids from your mommy’s basement and uploading them to YouTube.
In that case you would say “It was only $0.26 in 2019???” May have been lower, but that was my lowest share price purchase.
That is a very good question I have been wondering myself. Not sure if that had been disclosed or not. It would make sense that it would have to close at $6 or above... and to me would make more sense if it had to do so for X number of consecutive days.
Posting on behalf of Hoghead7, as he has reached his post limit for the day.
Don’t miss the Technology Innovation Showcase in the Virtual Microgrid 2020 Global Conference for a great discussion with FuelCell Energy demonstrating fuel cell innovations in microgrids and distributed energy. @MicrogridNews #Microgrid2020 #renewables pic.twitter.com/TGuxHgj9Bx
— FuelCell Energy (@FuelCell_Energy) November 18, 2020
That takes into consideration two 1:12 reverse splits... so you wouldn't have seen the ticket symbol at that value. I got into it around $10/share when I finished grad school and started my first job. It was maybe my 2nd stock purchase, after Ford. I have been quite loyal and slowly accumulating little by little ever since and it has been my biggest financial investment over the years... For a little bit today, I was in the green on my overall investment over 19 1/2 years. My cost average is $5.71. Never sold a share until a few months ago, when I sold 100 shares on the last big run-up... and bought back 105 shares later that day with the proceeds. So, I got 5 free shares on the pullback. That was my intent Monday when I sold 200 shares, and again today when I sold 235 shares. I'm probably not gonna be buying back and getting free shares though this time. I still have an even 5,000 shares. Small chump change for many... but it is a huge amount for me. LOL
Yikes!!! Thank you for that info... now, was it 5-7 years after the generic launched, or after the issue was brought to the attention of the FDA?
Wow!!! Look at all the new posters that have found out board!!! I remember when there were like 5 of us that would post over a 3-month period, and one of them was such a short and annoying and spreading lies, I had to block him. Welcome to FCEL everyone! Hoghead does the most and best due diligence, so pay attention to what he says.
FCEL survived two 1:12 reverse splits and still fell to as low as 26 cents a share after, as recently as like 18 months ago or so... Many people thought they weren’t going to survive. But they fired the CEO and rhe new one made some changes, got rid of all the toxic financing, and it has been in a slow recovery over the last 18-months... and with Biden being elected, the whole hydrogen energy/fuel cell sector has come to life. FCEL itself is up about 125% in the last 4 or 5 trading days.... so MIRACLES CAN HAPPEN!!!
Not sure if I have been stupid or not, but I have slowly accumulated more over recent months when I had some spare change... now have 58,000 shares, which is chump change to many people here, but a pretty decent sized investment for me. However, my largest holding in terms of amount I have financially invested is FCEL... check out the 5-day chart on that one! I have cashed in about 8% of my holding in that this week... used some of it to buy 16,500 more shares of this, which brought my total to the aforementioned 58k shares. Have also bought a couple other stocks with the proceeds from what I sold.
Yes, would definitely like an independent lab to breakdown Vascepa and the generic to test if they are in fact equal... the FDA really should fund this (maybe they do?) for every generic they approve. Make sure the manufacturing of the generic is up to par with the original and produces the same product.
Oh, I am well aware that the results of the election are a HUGE boon for the company... I was just going on historical facts in reply to a post.
This may have been discussed before, as I can’t read everything on the board every day, but what are the chances that, if it turns out that Hikma’s “generic” isn’t truly equivalent to Vascepa because it has too much DHA or other factors? Does the FDA test for biological equivalence? Would the FDA pull the drug or just have the label changed? How long would something lome this take and has it happened before where a generic has been proven not to be biologically/chemically equivalent?
Based on my knowledge of being in this stock since 2001, SEC rules, and history of press releases, they would announce when they receive orders or project/research awards from the government. Everybody knows military bases need power. How they get that power is not a matter of national security... and if you look at the administration in charge the last 4 years, they are anything but climate-friendly. Once the new administration takes over and implements the $2 trillion plan to combat climate change, I think there will be an EXCELLENT chance at getting orders for our fuel cells to be installed at military bases, especially with the Navy, since we already have a history with them.
What makes you say that? The annual MW production of fuel cells is less than what it was 5 years ago. As bullish as I am, we need to see more orders, contract wins, and annual production. The latter will come very quickly after the former, but we haven’t seen much on the former basically since winning the LIPA contracts a couple years ago. Production needs to increase, but there have to be orders/project wins to fulfill sonwe can see an increase in production. I would like you to produce evidence to support your claim that this company is “growing like a weed”. I would suggest that if you want a company “growing like a weed” that you invest in something in the marijuana sector.
What will it take to get a press release or some financials out of this company now??? At least when we were Freedom Leaf, we had management that was responsive, had a clue about running a public company, and actually seemed to care about shareholders. But ever since Carlos ran them off after the merger, investor and public relations has been absolutely atrocious!!! Am I the only one that feels this way?
Not going to happen. People have been coming here saying it will be bought out for 10+ years. If it would have happened, ExxonMobil would have bought us out for our technology when we were on the verge of bankruptcy.
It was quite a big move without news. But I only sold 200 shares...
But Murphy’s Law states that had I waited to sell until it hit $3.60, it would have reached $3.59 before profit taking sent it back to $3.14. The strength of Murphy’s Law is stronger than the Law of Gravity... mankind has figured out how to counter that one.
Interesting.... thank you for that info!
Same to you... in fact, good luck to everyone other than shorts! LOL
Yep... was going based on what happened in previous run-ups like we had... and I only sold 200 shares... I still have over 5200 left, and they are all in my Roth IRA. So I’m still good on selling today. Just glad I canceled my sell at $3.28 just in time and changed it to $3.41!
I have put in a buy (good until close) for 215 shares @ 3.15. We’ll see if it hits and I get 15 free shares today!
LOL... just the old saying my dad used to tell me before Jim Cramer was a household name. Having been in this so long, I have to make a little money on it. LOL... remember our last run-up to this level, I sold 100 shares and bought back 105 by the end of the day. 5 free shares! But had I waited 3 days later, I could have bought back nearly 130 shares. I hope to turn those 200 shares I sold a little while ago into 215-220 shares. We shall see if it happens. My other biggest holding, AMRN, is also have a nice day.
Just sold at $3.41 (only 200 shares). Bulls make money, bears make money, hogs get slaughtered. I’ll see now if it pulls back or not.
When it hit $3.27, I changed my limit price to $3.41. Wonder if it will hit. It is good for today only.
I know. And I have seen this play out before... basically I am betting on the opportunity to get a few free shares when a bit of profit taking hits from day traders and shorts try to drive the price back down so they can cover. Its only like 5% of my shares, and it is set for today only. If it doesn’t hit today, then it would expire and I would have to resubmit.
Before the market opened, I put in a sell for a small portion of my shares @$3.28 thinking there is no way it will hit... now, I’m not so sure it won’t. ?? If it does sell, I’ll plan to reinvest the proceeds if it pulls back to $3.05 or lower this week. #HopingForFreeShares
My guess is that this is reaction to it being more likely that Biden wins the presidency.
I am 100% sure Fort Bragg is in the SE... Without Googling, I am 90% sure it is in North Carolina, 8% sure it is in South Carolina, and 2% sure it is in Georgia.
EDIT: Went ahead and Googled... Fort Bragg is in North Carolina... the military base that is... HOWEVER... there is also a city in California called Fort Bragg. I was not aware of that.