Every time the stock jumps up a hell of a lot of shorting follows. But like Pavlov's dogs shorties are programmed and will short when they should buy and set off a squeeze. Coming soon to a FCEL near you😀

There is too much pressure to curb the effects of climate change. CCS the FCEL way (MCFC) appears most economical. Right now " Mr Market" "is a drunken sailor" to quote the wizard. Like a few drunken sailors I have seen, it is impressive how quickly they can jump up in order to right the ship! The valuation is not taking into account that rational and irrational are from the same coin. If the market was as easy as fundamentals, charts and professional valuations there would be an app. Time to let the cake bake as they say. Over five weeks until earnings. With plenty of time to cool and apply the frosting. Go longs!

https://www.ft.com/content/6a7636e7-40b4-46bd-8bd1-16e3b3d50875

So far the Shell project is over budget

The share price is below 2019 level implying no growth no gain in 5 yrs! Impossible. Manipulation to keep price low for buyout is my thought. If Rotterdam is successful all hell breaks loose.

Another dip, another buying opportunity. Was able to catch a few shares at 0.856 and now we are back to 0.9
If we ever get a break from the fed without tripping off more inflation we will be in a position to fly! Thanks for the posts today!

20 yrs of recurring income

FCE and brewery, long article.

https://www.powermag.com/1-mw-fuel-cell-cogeneration-project-sierra-nevada-brewing-co-chico-california/

"FuelCell Energy (FCE) knows. Last December, its modular 250-kW Direct FuelCell (DFC) power plant was certified by the California Air Resources Board (CARB) as meeting its stringent distributed generation emissions standards for 2007. The certification qualifies the DFC 300A plant for state-sponsored economic incentives and enables users of it to avoid all that permitting red tape. The California Self Generation Program provides $400 million per year of incentive funding for technologies that burn natural gas or renewable fuels, such as anaerobic gas from wastewater treatment facilities.

"While our brewery requires reliable power 24/7, Sierra Nevada also is committed to energy efficiency and reducing our environmental impact on the Chico community. We decided to buy and install a 1-MW Direct FuelCell power plant for two main reasons: its far lower emissions than those of a conventional power plant and its ability to produce the high-value heat by-product our brewing process requires." Grossman went on to say, "[A fuel-cell plant] was the most cost-effective and environmentally favorable on-site power generation solution for us."

Did your grandfather get out in time or did he end up with black lung?

Max, Our family was lucky. The Vagger clan came from Germany by way of the south and eventually built small roads and grain grinding mills in and around Georgia and Alabama.
The coal mines were and still are dangerous. But in those days you could either do the dangerous work or starve.

Put your reading glasses on;

https://www.imf.org/en/Blogs/Articles/2023/08/24/fossil-fuel-subsidies-surged-to-record-7-trillion

Great post by the way!

I would not want to live near a coal fired plant. The health risks are well known. The dollar amounts associated with the health risks are phenomenal.
The legal challenges for fossil fuel companies with regard to the regulation is a major risk to Exxon and other oil giants. On the one hand they would like the regulation to go away. On the other hand if they are not ready for CCS they will get caught unprepared and doing a lot of regulation dodging. While big oil plays chicken with regulations they don't want the stock prices of CCS companies to get too far ahead in case they are forced to buy the few of them. FCEL is positioned well to benefit from this dynamic and anyone paying attention knows it.

Hell the oil companies get federal subsidies https://www.brookings.edu/articles/reforming-global-fossil-fuel-subsidies-how-the-united-states-can-restart-international-cooperation/#:~:text=The%20Environmental%20and%20Energy%20Study%20Institute%20reported%20that,to%20reduce%20federal%20revenue%20by%20around%20%2411.5%20billion.

as do dairy farmers. What's your point? Where is the 0.50 cent/share you promised last week? I am still waiting.

One can say anything when one has no proof. Bzzzz...

Hog, Its being held back until it will be most profitable in the next run up. The most important notation in your post is that hard to quantify value stream;

"The simple facts are, This company has been working closely with the powers to be internationally for many years. Our long-term partnerships alliances and experience with the Department of Energy, Sheffield University, Department of defense, The likes of ExxonMobil Toyota and Drax, combined with the many new memorandums of understanding or contracts with IBM, TuNur, Oando, MHB, and the list goes on,."

It only scratches the surface when you throw in the knowledge of navigating state and local governments and regulatory bodies. Its not the kind of knowledge that can easily be replicated. How is that priced in?

Thank you Max. Inventory tied closely to cash flow which affects share price...

I believe it would help to know how much work in progress and finished product amounts to (finished but not yet placed in service or associated with any particular project). Logistically it is not easy to coordinate the timing of finished product with contracts that do not lend themselves to definitely definable dates. It is not economical to have too much finished product on hand. Groton for example slowed down future work on projects while having invested money not generating income. As we get more recurring income online the dynamics of timing product production with contracts and income will still be critical but less disrupting. l also see the uncertainty generally in markets due to the Fed interest easing as a major force generally. Small cap stocks are particularly sensitive to interest rates.

Was "Best Material Construction Supply" your intended http:// ?? in the first web posting? The Navaho Nation sites made sense.

This info plus ( a post by Hog recently regarding the money from CCS ) screams of an industry ready to become so massive it almost defies imagination. The CCS industry is in its infancy. The H2 industry is in its infancy. FCEL Trigen is in its infancy. This only gets better from here.

"Shares of Meta Platforms (META) fell sharply Thursday after the company's executives said fourth-quarter performance could be impacted by a volatile macro environment.
Any prolonged economic downturn could lead to lower ad revenue for Meta, which accounts for 98% of total revenue." Market Watch

META beat analyst expectations. Down 10% after report. Nothing like numbers, wouldn't you say? Specially those positive ones that lead to negative ones. What is that word "Macro".? Is that a number?😂

There are times when I marvel at man's ability to contrive an answer to a problem that doesn't exist. Japan just exited negative interest rates as a national policy. Does Japan still exist? That would be a big yes. A negative in front of a number does not mean the number doesn't exist. It can denote direction or smallness such as in exponentials like 10 to the minus 3. It still exists. The dollars in my trading account specific to FCEL whether I am " down" or "up" are real dollars. So it is laughable to imply that a company that has over 300 ml dollars on hand plus plants, equipment, workers with knowledge, patents, work in progress etc etc has no value. So what exactly are you saying? Oh,that compared to other companies on the list there are some with positive numbers?
Can I interest you in some tulip bulbs? Guaranteed to be pretty.

It will be a while to review the numbers. Growth companies hard to pin down. FCEL undervalued and primed for upside.

https://www.porthosco2.nl/en/first-drilling-under-seawall/
Not sure if you already put this up.

Have been pondering how "analysts" can get so much credit and still not see a 10% miss on META. And here FCEL is so undervalued to the point of absurdity. Go figure.

I am at 6500 shares and adding especially last several days. Christmas in April! I diversified the last yr and a half to help float the portfolio and have been looking into stocks involving space, rocketry, and telecommunications. I believe that living above the Karmen line is the place to invest in for the next couple of decades. Space is the place.

That is a comprehensive review of H2 and FCEL, alt energy industry. Great dd. At least as an interim answer to energy, blue energy has a strong position due to existing natural gas pipelines and obvious support of oil and gas industry. Long term, FCEL's smaller footprint, 24/7 operation (regardless of sunshine) and ability to place modules in more geographic areas and ability to configure for local needs ie H2 production, CCS, supplement to nuclear, gives it clear advantage.

You can feel the momentum building.

Of interest also is why the sudden upswing at noon with the rest of the market still laboring.

CEO of Toyota all in on hydrogen also.

Yes good point. It is always the same that good news equals a drop in share price. A conundrum. The only thing that makes sense is that news of expanding production means expenses that cost money up front and gains are realized much later. Recurrent income has helped stabilize the income stream and eventually economies of scale should lead to profitability. But ya its always disheartening to see the dip after good news. Another factor that may kick in soon is that forward trading multiples go up as retail investors gain more trust in a continued robust economy. It has been called by some Feds, "irrational exuberance". I don't care what its called because it is real upward momentum. Just have to learn to take profits.
GLTA Longs.

Interesting to contemplate because Canada has such a small population to contribute to an expanding industry. But once the hydrogen production ramped up, the efficiency might negate the need for more workers. Since we are already establishing a presence in Canada it is a win-win situation. 👍🏻

Mosquitoes can't read. Sad for them.
Every connection in every article you refer to gives the bigger picture of the growing of a cleaner energy market and the going away from burning polluting fossil fuels. Some people would talk of the benefits of the automobile while minimizing the contribution of rubber and synthetics to the transportation industry. Impossible to have success in one without the other. What an incredible amount of activity directly and indirectly related to FCEL that has been building in the last six months. I think BOOM! is an understatement. Great summary Hog.

Well stated post. Those of us following long term know (historically) that FCEL can jump up a dollar any time. Buying under a dollar and knowing it can rise (historically) quickly to $2 is an investment I will not pass up. I personally would rather sell shares and not use predatory loans to finance future income particularly recurring income.
The bashers on this blog will immediately cry " dilution" and ignore the dilution effect of loans.
Keep strong longs.

I remember you posting about the Harley before the run up. Yeah I figured this time around the upside may be more gradual but I have enough shares to be comfortable. Today the tide was lifting most if all boats. I have a hunch the major selling is over and we get a leveling off. I plan to buy at any dip though, car or no car. I can uber if need be.

I really like the cadence of this march up to earnings. Maybe a little slower but definitely in the right direction. The article re. hydrogen steel making is spot on for South Korea, and their steel making prowess. We will see.

Nice!!!

I too have pondered ways to load up including selling my car that spends a lot of time depreciating in the garage. If I sold it now it would save me having to replace the hybrid battery that might need replacing next year or shortly thereafter. I was ready to buy more ( I bought lightly ) today but waited to see where the afternoon would take us. So far the entire market is up. Things will be more clear at earnings. If this quarter was low water the rest of the year may surprise us. Cash not an issue. Sun spot cycle peaks this summer. If it is as hot as the end of the last cycle we could get a few brown or blackouts that re-ignites debate about the climate. Either way I am optimistic. Good luck to all longs.

Looks like some shorties bailing this morning. Did I hear someone predicting 0.50 cents? Bzzzzzzzzz

Hog, I agree that selling at $2 would be sweet. FCEL timing of selling shares is always out of sync with macro economics. If we had 500 mil shares on the selling table in Feb '21, at $28 a share, we would never have any issues with funding projects. But that is what makes the market interesting.
Just a guess we sold 60-80 mil shares in last couple weeks and the price eases up to $1 just before earnings. What is your opinion where we are?

My take on the "dilution" is that the same institutional buyers and savvy longs that follow this company are buying. Todays price is below total of cash on hand plus plant, equipment and future recurrent generation. In other words " a gift". Maybe you were a toddler when FCEL hit 0.13 cents a share, with the S.Korean litigation, no cash, and terrible debt. Any doom and gloom you put out there now is humorous. Really.

It is exciting to follow this stock. It is not typical for electricity generators because it can be configured to do so much more. I like the small footprint, Most lifespans for each unit longer than 15 yrs or more. And carbon capture of course. At the risk of stirring up the "mosquitoes" I think the "potential" for FCEL is greater than ever. I am an individual investor only. Glad to hear from you and longs everywhere.