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Spot on!!!!!!
That is good for you. I kept buying on the way up and on the way down so not as lucky here.
$3 Tick Tock
If it goes much lower it might be reverse split time again.
Non sequitur response.
Did they throw it at FCEL? If not irrelevant.
I thought they "had" to eliminate the filibuster also right? We saw how that went. It will not pass.
They are all from the same sector correct? BBB will fail just like most green companies will. Some cherry picked ones will succeed with great rewards but not most.
Fuelcell
And now that this has closed below $5 (as correctly predicted) the $3 range is next.
Since February this stock has been on a classic fabulous dead cat bounce. This dead cat definitely can bounce.
Have you not learned yet that the ONLY reason this profit producing mega stock would go down is because of shorting and market manipulation? If not for that this would be at $2000.00 by now. Please keep up!!! Lol
Thank you.
Tell that to all the smart investors that bought between 1993 and 2018. They listened to the hype and the promising future also.
You are so welcome. Anything to satisfy your appetite
If one was "lucky or smart enough" to buy from 03/2019-3/2020 then yes you did good other than that this stock has been a complete wreck and on a continual downward spiral. Great job though for you.
From 02/28/2021 to the present day FCEL's stock bounced like a dead rubber cat with wings. Down down down like a burning ring of fire.
Dead cat bounce is in the future.
The article was written on Jan 6th but is referring to 2nd quarter data which ended in June.
I did see that Renaissance had lowered it's position by a large margin in quarter 3 however all the others increased their positions in quarter 3. I haven't seen updated information on quarter 4 from Fintel yet and if I don't use that one as a source you know what happens.
Yes that selling is over now it's time for the reality of no fundamentals, no execution, and no profit to come in.
FCEL better get some news because $4 is creeping up fast!!!!
Here's a good thought. The federal government allocated $73 billion for COVID-19 testing.
We currently have a testing shortage.
If you think spending trillions of dollars will solve climate change, I have some news for you.
It's all shorters and market manipulation remember?
He is in favor of hydrogen and nuclear alternatives which is good for FCEL.
Sen. Joe Manchin, D-W.Va., told a gaggle of reporters Tuesday that there have been "no conversations" about negotiating with Democratic leadership and President Biden on the massive social spending bill known as the Build Back Better Act.
Asked whether negotiations or conversations about compromise have been ongoing, Manchin denied any knowledge of BBB discussions after his statement last month against the policy package.
"There's been no conversations after I made my statement. I was very clear, I feel as strongly today as I did then that the unknown with COVID – here we are. I've got an N-95, I see all of you do," Manchin told reporters. "So there's different concerns that we have right now that we haven't had for a while, so that's a concern. Inflation is still a concern. It's still over 6%."
I didn't miss anything. I get it but 1 trillion already passed is the major win already in the SP.
Then Hopster's more up to date numbers are of more importance.
The infrastructure portion is passed and signed into law the social additional portion is what they are arguing about now and Manchin is rejecting.
The infrastructure part of BBB has already been approved so I don't understand what the social aspect of BBB be approved will do for green energy and it looks like only a much scaled down part of the social aspect will ever be approved.
I apologize I did not see that you had put 12/30 numbers in there but that does show a big drop in Institutional ownership as of 12/30.
If it raises to $12 solely on hype again and not due to fundamentals and completed profitable projects then the target would be $2
Misleading????????????????????????? Why the most up to date information be misleading. Reporting on a quarterly basis could include out of date information and information that is not relative to the present status or situation.
But I thought they were shorting.
Or poor or continual disappointing results.
Investopedia quote: KEY TAKEAWAYS
Stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand at that point in time in the market.
Fundamental factors drive stock prices based on a company's earnings and profitability from producing and selling goods and services.
Technical factors relate to a stock's price history in the market pertaining to chart patterns, momentum, and behavioral factors of traders and investors.
Quote: Analysts sour on FuelCell
Oppenheimer analyst Colin Rusch downgraded FuelCell Energy last Friday to Perform from Outperform without a price target.
The analyst wrote that there were too many imponderables with FuelCell entering into a major overhaul and Bottone being terminated. Oppenheimer said the company’s strategy "has become increasingly more difficult to predict."
Cowen analyst Jeffrey Osborne cut his price target on the stock to $5 from $7, citing concerns over the company’s ability to near a breakeven point by the end of 2022. Osborne maintained a Market Perform rating on the stock.
“Disappointing 4FQ results reflects the lumpy nature of the company’s project timing,” Osborne wrote in a research note. “We don’t expect clarity around future project start dates after seeing delays continue to emerge.”
Professionals with knowledge. These individuals didn't recommend buying when FCEL when it went to moon earlier this year because they knew it wouldn't last and the stock would dump because the company has no fundamentals, no business sense, continued failures, missed timelines, and no profit. 80% price drop says it all and the professionals were right.
Smart professionals