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Looks like these French guys are a little behind the eight-ball on this one.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.pv-magazine.com/2019/11/05/french-consortium-develops-hybrid-storage-and-co-generation-system/&ved=2ahUKEwj65uve7dPlAhVqzlkKHW8sBtYQFjACegQIAxAB&usg=AOvVaw3KPC_8oNS2jxY5IXrb1-Dd
This is a copy from an investor on stock twits. Time is short, no pun intended!
It always amazes me how bold bears/shorts can be - like how can FCE be valued at $52M MC at this point? BK is off the table, we will ask for an extension to delay RS if needed in January, and increase in OS is a belt and suspenders standard. Besides that, our $2.1B backlog is worth at le
I am involved in securities lending and personally have 306,362 shares of FCE at the moment (a relatively small portion of my holding here) lent to folks that are shorting now. I wish they would borrow more from me since I am earning 7% on that money until we see a more realistic valuation on our stock. I mention this to convey my confidence that this turnaround eventually works - shorts may get a few pennies but longs will get much more.
I have a very good feeling we will learn more about why Tom Gelston was out of the country soon.
Yes I caught that but as one person mentioned on stocktwits this will bring a lot of attention the fuel cell energy and make them look good. Their plant is too efficient creating too much power for the Toyota project. Ultimately it will get approved because California is dying for it and Toyota is the biggest automobile manufacturer in the world. All they need to do is compromise a little bit on the price of the electricity.
Nice, Ty
Confucius say go long now!! For those playing the home game, I got a reply. Working on the weekend after a business trip is a very good sign.
Don't miss reading the last few paragraphs, opportunities! Hm, where was Gelston for 3 days?
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.intralinkgroup.com/en-GB/Media/Blog/October-2019/South-Korea-bets-big-on-hydrogen&ved=2ahUKEwiq6Njyt8rlAhVQIjQIHc1-D3g4ChAWMAh6BAgFEAE&usg=AOvVaw19_MVbqte_mmKLeSOdMncM
No they actually commented a day or two ago about how it was down in sympathy with them. To them it was real news. The anyone paying close attention we know it's not. Something else definitely going on definitely upward pressure on relatively low volume seems to be a good sign at this point. Something has been happening since Wednesday. Gelston did not go away on business for almost 3 days with the company in financial dire straits, without going to take care of some important business. His specialty is financing mergers and acquisitions. since Jennifer went to South Korea and already has a rapport with them it's my opinion Gelston was in Europe. Although posco is starting a new independent fuel cell division separate from posco and posco energy. This is so they can take care of business quicker without delays by having to get issues approved by the board. What article said the company would begin effective November 1st. The other article said the company would start before the end of the year. I am done doing research for other people I know what I read if you would like to find the articles scroll back through all of my previous posts. Talk to me in December and we will see who was right.
I'm thinking we will not get an update today because the deadline was yesterday and they have four business days to report according to SEC requirements. Since Tom Gelston was doing business likely out of the country on Wednesday and Thursday, if any business was concluded that would be considered part of Q4 in fiscal 2019. They will have until Wednesday at the latest for a filing but I'm expecting something Monday or Tuesday.
Why are they not requesting a meeting sooner than mid-December?
Ge started construction on a fuel cell plant in Malta, NY e few years ago and ceased development. I think it was just before GE began showing significant financial struggles. Not good timing to try developing a new technology that wouldn't pay for itself quickly.
So October comes to an end with Tom Gelston away on business the last 2 days. That ends the fiscal year and is the deadline for paying NRG in full. Today was also the deadline for a $3 million payment to Generate Capital. So, any filings or deals calculated through today will be counted for Q4 and fiscal 2019. We may not get the filing or news until Monday, Tuesday or even Wednesday, but, it's still October. Let's talk Wednesday at 6pm.
Thanks for the email message.
I am currently out of the office on business and will have very limited time and access to email. I am planning on returning to the office late Friday / first thing Monday, and will endevour to respond upon my return.
Thanks,
Try emailing Tom Gelston then make your own conclusions and speculation after his reply.
When you least expect it, .....!
To me it means, they made the payments and the project is likely not completely done. Project construction is done! It needs to be commissioned.
And when there is no Sec update by November 4 what does that mean?
Take a look at Capstone CPST chart past 30 days. FuelCell will make that look silly when everything falls in place.
Click on the link and watch the video just posting the video has not been working. Other people have tried to post just the video and I can't get it to work that way but if you click on this link scroll down to the video then you can watch it ExxonMobil is clearly a partner with Fuel Cell Energy say what you want but they say themselves they are partnered with Fuel Cell Energy. We will see a joint development agreement this year.
Making donations, seems typical of a company that can't stay afloat.
Henrik, wow, rebound trade!!
Summary
Discussing key disclosures from Friday's SEC-Filings.
Company avoids default on a $18 million construction loan facility.
Sold another 10.1 million shares into the open market for net proceeds of $2.9 million.
Special shareholder meeting scheduled for December 13. As expected, company is seeking approval to double the number of authorized shares and execute a reverse stock split.
Updating cash walk estimates. The stock might offer potential for a rebound trade during Monday's regular session.
The RS is plan B and a necessity to have in place!
Paul is very informed about FCEL.
Like I said
That filing is not plan a that's plan B I'm sure. I was just thinking about it of course, based on that filing that got everybody riled up they're telling everybody they have plenty of money for operation through December. Which means they are subtly telling everybody also they have no problem making their payments on the 31st of this month and paying for operations and making another payment to generate on the 30th of November. That means they have $9.3 million + whatever operating expenses will be between now and the end of December.
Long read, but those interested in their future, worth it.
https://doi.org/10.1039/C8EE01157E
Like I said
From this point forward, no matter what you say is going to be questioned because the last post you had invalid completely. Granted anyone can see that most of the time there's a pullback after there's a gain, which is because people have been day trading and manipulating the stock ever since they started having problems financially a year ago. what if you look at the all-time low then you look at the recent pullback to $0.26 the Lowe's are getting higher and the highs will follow.
Why is it not lower than $0.13 then what you said cannot be justified whatsoever by any means in anybody's world even yours. If there was lower highs and lower lows all the time the stock would be under $0.20 at the very least
No news is good news for sure. If they did not do something required, they would definitely need to report.
No 8am release?
No change of status' in September. All projects still under construction.
https://www.eia.gov/electricity/monthly/epm_table_grapher.php?t=epmt_6_05
That's just the start hang on tight.