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Let me ask you a question since you are so intelligent and can predict the future. Let's see if you can actually answer this question instead of going off topic or avoiding the question. How much recurring Revenue from generation did FuelCell energy have on May 12th? And how much recurring Revenue from generation do they have on May 13th? Question 3 challenging your knowledge is how much recurring revenue from generation are they projected to have by July? What is the single most important factor for a developing company? If you cannot answer those questions or choose not to answer those questions and please choose not to say anything else stupid.
That would put an end to the day trading d the past few years
To me, the only negative of the reverse split is that now we need 12 times of the move in order to get the same percentage gain. So going to a dollar yesterday would be like going to $12 tomorrow.
In the midst of random guesses, the biggest influence will be news or lack of. We get good news and the market cap goes up, we don't, it goes down. The RS won't determine what happens, news or lack of will. Paying off preferred or converting to common would be big, paying off Hercules would be good, closing Bridgeport would be a very bold statement, signing PPA's in Long Island would be big, another project in CA would be good, business in S. Korea would be huge, and any + CC news would be very good. Let's hope the finally have good timing and we get a couple this week
Listen about 15 min in. Right after talking MCFC he talks about deciding what to accelerate!
https://www.google.com/url?sa=t&source=web&rct=j&url=https://ondemand.ceraweek.com/detail/video/6013635267001/voice-of-innovation-with-vijay-swarup&ved=2ahUKEwjI28Wf_4riAhWhneAKHa0uDuY4ChC3AjABegQIAhAB&usg=AOvVaw3S7LZ73YPd8Pp1IzCWhNHE
And here is the second repost from another message board very insightful.
per last 10Q FCEL what I read: Current Assets: $117,134,000, total Assets: $345,955,000 of that project assets: $109,800,000 Current Liabilities: $87,980,000 and total liabilities: $192,923,000 per yahoo finance latest numbers: Current Ratio: 1.33 (good number) , Book value per value .54/share (Good number), Cash per share .21/share (Good number). If needed FCEL per latest 10Q has up to 225,000,000 authorized common shares it can sell to raise cash - per yahoo finance they have 129,344,000 common shares outstanding leaving them a total of 95,656,000 shares of common share it can sell to raise cash. They appear to have a At Market Sales Agreement in place to sell those common shares up to $50,000,000 with B Riley FBR and Oppenheimer at 3% commission. ALSO FCEL has authorized up to 105,875 shares of Preferred Series B 5% cumulative at $1000/ share to offer to raise cash. They have issued 64,020 shares per what I read in 10Q. That leaves 41,855 of preferred B shares they can offer = $41,855,000 less commission to sell. Not that they should issue these but they are seem to be authorized. PLUS recent great bank lending relationships and financing rates UNDER 6%. Generate Capital around $90,000,000.00 for approved project financing. Appears to me that FCEL has some staying power and options to raise some cash if really needed. Do your own due diligence . This is just my humble opinion.
Couple very good posts on another message board I'm going to repost here. This is one of them.
To those who don't think micro-cap priced stock can be shorted reconsider. Regarding FCEL I've wondered as the trading sometimes looks weird. Yes, weird. I've watched stocks trade for years and often it appears to me that someone or someone's are working the tape... ie working the price, hitting rallies, trying to break support areas by flooding support with small selling or whamming it with a large series of sales. Sure that stuff happens all the time in a normal market as people are superstitious and will get freaked when their psychological price to let go is hit. When a flood of sells drops the price quickly, it works to panic some holders.
As for FCEL, I have a feeling (that's all I can say), that something other than investor dissatisfaction is going on. You can tell when the stock price zooms, those are shorts covering. THEY EXIST. They also panic when the price goes up and their psychological or technical spot is overwhelmed.
Here is an interesting interview with a micro-cap shorter that may be of interest to some. Linked below. Worth a listen.
Just for position purposes, I've been adding. I think technology that's significant will eventually make good the worst management. FCEL will booom at some point, could be today, tomorrow or next month.... but I suspect it will take the shorts for a ride. And really, who knows if those shorts aren't working to own a controlling or influential position in the company for a small investment. We'll just have to wait and see.
Its also crossed my mind that a previous partner (its happened before), knows the value of the tech, is ticked off at not getting what it wants and depresses the price of the stock to do a hostile. Its crazy to me there aren't better accounting tools to let everyone know what's been borrowed, naked, leveraged... etc. It would make for a more transparent investing world.
So, I've added another 30K shares today.
Oh one other thing. The Groton sub project is delayed for only one reason, because they have to blast bedrock. A lot of negative comments that aren't even remotely true. Pretty soon we'll hear aliens are stealing the FCEL tech to recoup and terraform Mars.
https://geoinvesting.com/shorting-microcap-stocks-chris-irons/
Less
I was recently featured on the Planet Microcap Podcast, where I spoke about the advantagea and disadvantages of shorting microcap stocks.
I was recently featured on the Planet Microcap Podcast, where I spoke about the advantagea and disadvantages of shorting microcap stocks.
geoinvesting.com
The first public acknowledgement of this technology was with ExxonMobil add a conference back in 2014 they have improved it and tested it since then, and they already knew it worked at that time. Going commercial. And I don't mean TV commercial. That's why they don't really give two craps what we say they know what's going on and we don't.
Read very carefully! Look at the date.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://corporate.exxonmobil.com/en/research-and-innovation/carbon-capture-and-storage/advanced-carbonate-fuel-cell-technology-in-carbon-capture-and-storage&ved=2ahUKEwigzZyCoYjiAhWNVt8KHVZVClYQFjAFegQIBxAB&usg=AOvVaw3NJnNo5lBh688B6Lnr6C5d&cshid=1557192494253
Look at that on March 4 after due diligence!
https://thefly.com/permalinks/entry.php/id2873611/FCEL;FITB-FuelCellannounces-construction-financing-facility-with-Fifth-Third
Thank you and good luck to you also
DON'T DO NOT give shorts shares the stock is going to skyrocket and they won't be able to cover sell limit $2
The proof is in the pudding want to be. TROV, look at the chart it came out with good news then then a reverse what that's why I said good news is the key the reverse split is only a psychological thing they could have a temporary impact on the share price. I am not wrong that is a fact not an opinion.
TROV did RS in March. You are dead wrong. As long as we have good news we will be fine. The only downfall of a reverse split is obviously to get a 50% gain from $3 it needs to go to $4.50. To get a 50% gain from $0.25 we only need to go to $0.33. so instead of the preferred shareholders bashing the stock they may want to think of that and to get on board now to make a lot more money in the long run. they are what has been holding the stock down taking immediate gains. If they get on board for long-term gains we will make a ton of money very quickly.
Completely wrong.
Actually I misread that Derby was moved to head about 6 months but will actually not be done until the third quarter. So they will be at 52.4 megawatts the beginning of Q2 2020 approximately 10 months.
And I'm doing more reading right now it was 17.8 million they paid to the preferred. But as long as they execute on time what should be and they say is their focus right now, they will have over 70 megawatts and generation by the beginning of Q2 2020 that's less than a year away.
https://photos.app.goo.gl/BzeWxM5Dpk1JPbg47
I'm not worried about the reverse split as long as there's good news before the reverse split happens. Then people won't beat it up would be much better if we can get it up over $0.50 before they did a reverse split. My concern is if the stock is $5 it has to go up $5 for 100% gain. Or $10 for a 200% gain. Going to take a lot longer to make a profit like that then it would if we just had good news and the stock went up to $2 on its own.
Yes it was 17 or 17-point something million. And yes they have more irons in the fire now than they did 6 months ago. And I believe they have already made some progress in paying off the c and D's. unfortunately one of their priorities has not been communicating with investors. They are going to need to give some kind of an update obviously before May 18th I believe. I believe they either need to get back to a Dollar by the 18th or do as you said. Because I believe again, they need to be over a dollar for 10 consecutive days and the deadline is the 28th. Good luck to you also