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Been saying that for 29 years and 2 reverse splits.
When a company like FCEL burns through free money faster than Democrats in control of Congress they fall faster and lose more money then they bring in. They have proven this for 24 years. Make a profit and prove me wrong or $4 here it comes.
Why? What a scam.
Quote: Even if my assumption is wrong regarding Groton entering commercial operation the first or second week of December, I'm going to confidently say it will be done before Christmas. Which means we can start the countdown now with 18 business days. By that point we should have Groton and possibly Yaphank, but as I said before they won't be more than a few weeks apart from each other. And we get new awards announced in Connecticut at a minimum by the first week in January. Very + news flow count down. 18 11/29/2021
Instead we have this.
Quote:
Even if my assumption is wrong regarding Groton entering commercial operation the first or second week of December, I'm going to confidently say it will be done before Christmas. Which means we can start the countdown now with 18 business days. By that point we should have Groton and possibly Yaphank, but as I said before they won't be more than a few weeks apart from each other. And we get new awards announced in Connecticut at a minimum by the first week in January. Very + news flow count down. 18 11/29/2021
FYI FCEL traded at $4.85 today and usually doesn't mean always.
It seems FCEL is the answer for everything. Pretty amazing for a penny stock.
They will never understand. The captain goes down with the sinking ship. No fundamentals, continual "negative earnings", and no business leadership.
No it was way!!!!!!!!!!! overbought. Reality of no fundamentals has sunk in.
Nope just smart people getting the heck out of Dodge.
Spot on and well said. This will get you a huge BS response so it must be true. As Chevy Chase once said "you see kids fundamentals and news are what move a stock not HYPE and broken promises. The professional analysts do not recommend buying a stock on hype. That's why smart individuals follow analysts because they are professionals and don't get paid on hype. They were spot on when not recommending buying on the fast way up and now it has crashed by 80% after reality hit. Yes professionals do know what the are talking about and people who short do it for a reason. A bunch of really smart people at FCEL who do not know how to run a business is not a good thing. The only smart person on this board who has been right about this stock has been you so thanks.
It is called intelligent people who know are selling. It's not manipulation it's smart people doing what should be done ahead of probably bad news tomorrow.
So when FCEL goes up is it manipulated also. Wow!!!!!!
So if it is the shorts they are betting that the price will go down right? So what does that tell you? I would guess that a large volume of individuals are betting that earnings report will be typical no news or bad news.
They are actually down on the news.
I am not. I made some good profit on the run up that was based solely on hype this year. There was no fundamentals for the move up at all just hype and that fizzled out. I lost money when I sold lately but I needed the losses to help with my rather large crypto gains that I booked. I have followed this and PLUG about as long as you have and this company never delivers and never will so I agree with you on all you said.
Me also.
That was 11 months ago this is 3 days ago. Quote: FCEL Is Not Currently Held in Any of Our Portfolios
Fellow Investor,
My name is Kevin Matras and I am the Executive Vice President of Zacks.com. That makes me responsible for all of our popular and highly acclaimed portfolio recommendation services.
At any given time, our experts are recommending 200 or more tickers in our suite of private portfolios. Right now, FCEL doesn't make the cut.
100% CORECT!!!!! Oh but moved from sell to hold. Wow that is proof positive of a move to $100.
December announcement ????
I think not
Actually perfect DD and great analysis.
Because I can be and to warn of massive losses from a company that has produced a profit in 24 years. Was at $5.69 yesterday by the way. Good luck lol.
Any great "deals" resulting in profit?
It really is quite hilarious and kind of sad.
Would you like to rethink this bet?
And there is a guarantee that FCEL will be the choice right? Nope
Don't forget its the news that we haven't heard that is what will move FCEL to $100 because only smart people who know and do DD know about this. LOL
I don't short. Never have.
Simple Google search and copy and paste
We have new evidence which proves that management was aware of the LIPA award losses while it sold millions of shares to investors. We also believe current disclosures lack full transparency and omit material information. In light of this, we believe investors should discount the value of FuelCell’s backlog in addition to current and future project awards.
Exhibit 3. FuelCell sold over 100m shares after learning of project cancellations
FuelCell Energy (NASDAQ: FCEL) lost two large power project awards in 2019 with the Long Island Power Authority (LIPA) but never disclosed this to investors. Despite learning of LIPA’s decision, management continued to cite the awards in filings and conference calls as significant business that would soon enter official backlog. After we published evidence of the award losses, FuelCell responded by claiming our report was “misleading” but failed to mention a single inaccuracy. And only after our report did FuelCell begin disclosing the possibility of the project cancellations
FuelCell sold over 100m shares after learning of project cancellations
Heading to $5
Since a 1:12 split was a "brilliant" move by FCEL I guess 1:50 reverse splits one week apart by SPVNF should make it the next Tesla or Amazon.
Massive shorting.
On it's way to $5.0
Totally
Legendary!!!!!
True
Posco Energy currently holds exclusive rights to FCE technologies in Asia through 2023. Those rights would have to be invalidated if FCE is to make a move into Korea, which explains its decision to seek arbitration at the ICC, according to Posco Energy.
The $800 million in compensation accounts for the defective FCE products over the years as well as losses due to FCE’s breach of contract and non-fulfillment of obligations, the company added.
https://pulsenews.co.kr/view.php?year=2020&no=1035116
Who hasn't made a profit with a fuel cell since 1997? FCEL that's who.
This is definitely true.