Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
LOOK CLOSELY at institutions steeling your shares because of swinging, stop loses impatience etc. time draws near.
https://www.marketbeat.com/instant-alerts/nasdaq-fcel-options-data-report-2024-04-16/
Clearly we have the best option for this technology!!
https://www.act-news.com/news/hydrogen-driving-trucking-and-transit-on-path-to-zero-emissions/
More $$ for our tech
https://content.govdelivery.com/accounts/USDOEOFE/bulletins/397051b
Speculation is the name of the game. I have to guess this was a sale of new shares very high likelihood. Hopefully for something very important. Highly unlikely at this $ they would sell just to beef up the cash balance, unless is was for balance sheet purposes for a loan or big business. We have 4 days to see if it's 8K worthy. My thought is load up now, but I have no cash sadly. Markets and all other Fuel cell stocks were stable. MHB deal?? SK deal?? Need $ to buy bulk materials?? We know something by next Wednesday at the latest.
Company has never in history made as much progress as they have in the last couple of years added anywhere near the recurring revenue in any year, or developed anywhere near the amount of MOU's or new relationships in any one year, let alone what they did in one month. They never had a project with Exxon Mobil only a JDA. They never had the ability to use their carbon capture with anybody but X on mobile. I could go on for hours about reasons why the company has made significant improvements. What can the Bears say about reasons why the stock is declining? Nothing factually other than the economy the Fed the interest rates inflation etc, nothing to do with the company whatsoever. N
I would think it was obvious, But I don't think it'll stay that low long enough for me to buy more, I was it stays there until Friday and I get a commission on Thursday. Highly doubt either happens. I think if this touches below $1, it will bounce at least 10% within 1 - 2 days.
I wonder if this can be contributed towards the previous project they announced a few years back which finally received venture capital funding the end of last year. Or if it might go towards a second project
https://biomassmagazine.com/articles/doe-opens-25m-funding-opportunity-to-support-tribal-clean-energy-projects
I'm perfectly okay with this hanging around $1 or even under for the next few weeks so I can buy as much as possible before the run, I just don't think it will. Not sure these days when I'm getting my commissions. I'm owed $ and just not getting it, so I can't even load up during this BS pull back. 4 very significant + updates within a month which has never happened in the company's history. And it drops over 10%? If it were coming off a 50+% pop or over valued that would make some sense, but it's current valuation is less than cash value! A post on ST stated short volume was 76% Friday and 75% Monday. Apparently we need a rate cut & a new $100M contract to shove up their ---!
I'm perfectly okay with this hanging around $1 or even under for the next few weeks so I can buy as much as possible before the run, I just don't think it will. Not sure these days when I'm getting my commissions. I'm owed $ and just not getting it, so I can't even load up during this BS pull back. 4 very significant + updates within a month which has never happened in the company's history. And it drops over 10%? If it were coming off a 50+% pop or over valued that would make some sense, but it's current valuation is less than cash value! A post on ST stated short volume was 76% Friday and 75% Monday. Apparently we need a rate cut & a new $100M contract to shove up their ---!
$30M opportunity deadline 4/29, relatively confident they will/have/should apply!
#ICYMI 🚨 Deadline: 2 weeks away❗ Apply by April 29📅
— DOE Fossil Energy and Carbon Management (@FECMgov) April 15, 2024
📢 $30M to advance tech that captures CO2 emissions & converts it into valuable products. ➡️ https://t.co/0snYAn8rU8 pic.twitter.com/RjM1soeazi
Awful to need acceptable size projects when historically, even 1 month ago, most long term followers and investors were just requesting new contracts. I would think 4 new contracts (basically) in 1 month would make all those closely following for long term would be enthusiastic. Especially given we are likely to not just have 4 in 1 month and nothing else to follow for the rest of the year. After all, Few did say California and SK were near term cash during Q1 call
So many articles about fuelcell
https://www.gasworld.com/story/fuelcell-energy-supports-californian-bio-generation-project/2137161.article/
https://www.google.com/url?rct=j&sa=t&url=https://www.cbia.com/news/manufacturing/fuelcell-energy-exxonmobil-agreement&ct=ga&cd=CAEYASoSMTAwMjA4NzAzNzg1ODc4ODUxMhozZjZjMTI4ZjIzMzRhODI4OmNvbTplbjpVUw&usg=AOvVaw17NNQPlm_YDHl5EHhUZoxB
https://www.google.com/url?rct=j&sa=t&url=https://www.biofuelsdigest.com/bdigest/2024/04/11/fuelcell-energy-to-supply-carbonate-fuel-cell-tech-to-amerescos-sacramento-facility/%3Futm_source%3Drss%26utm_medium%3Drss%26utm_campaign%3Dfuelcell-energy-to-supply-carbonate-fuel-cell-tech-to-amerescos-sacramento-facility&ct=ga&cd=CAEYAioSMTAwMjA4NzAzNzg1ODc4ODUxMhozZjZjMTI4ZjIzMzRhODI4OmNvbTplbjpVUw&usg=AOvVaw0WHGBw55nG29g7zX4X46Bf
https://biomassmagazine.com//articles/fuelcell-energy-technology-to-be-used-in-sacramento-biogas-project
https://www.google.com/url?rct=j&sa=t&url=https://www.tipranks.com/news/the-fly/fuelcell-energy-technology-to-be-used-in-sacramento-wastewater-biofuel-project&ct=ga&cd=CAEYBCoSMTAwMjA4NzAzNzg1ODc4ODUxMhozZjZjMTI4ZjIzMzRhODI4OmNvbTplbjpVUw&usg=AOvVaw0mThrt9rUjyZVLKjkCCEG8
UK huge plans
https://www.power-technology.com/features/public-opposition-to-hydrogen-pragmatic-problems-with-the-fuel/
1.6M shares on the day over two and a half hours in. That's about the average volume in the first half hour and less than the volume in the first 15 minutes whenever there's any significant movement or news. And only a handful of trades contributes to more than half of that 1.6M. I can't wait till the average volume is back up over 15 million a day. 20M would be even better.
Growth, for fuel cell installations specifically, according to this article, are expected to grow over 166% by 2028. 166% growth in revenue or share price in most cases would be pretty significant and pretty good to say the least and would put our revenue somewhere around $350M in 5 years. Few has stated current projections remain the same, which are $300M 2025, and $1B in 2030. That's 130% within 2 years. Expanding SOFC production from 4MW to 40MW within n 2 years (from 2023) is 900%. Recognizing that revenue might actually run well into 2026, but 900% in 3 years is impressive. Also expanding MCFC manufacturing as needed according to Q1 call I believe, which should happen with any substantial contract, ie: South Korea!! TICK TOCK! BEAT down a stick after the company proves that kind of growth. Only takes 1-2 good quarters and orders, don't need to show profitability! C'mon SK!!! 1 big order and 1 good quarter or vice versa and we roll!
Typically I like heavy volume partly because we usually go up on heavier volume, And it's usually more meaningful. Going up on lower volume right now is telling a story though. No one wants to sell shares. People trying to get shares have to slap the ass and can't try to wait for the price to come down. Only 6,000 shares traded in the last half hour pre-market. Only $280,000 shares traded 11 minutes into the session. I'm thinking at some point we're going to see a spike in the volume, and that could partly be related to the day traders slapping the ask then selling a chunk after a small gain to try to keep the volatility going. But sooner or later the volume is going to be related to people either trying to run the share price up or FOMO. "Could" result in a short squeeze and "COULD" happen at any moment. And I'm going to have every dollar possible in there when it does.
News continues to flow regarding the Exxon Mobil expansion. I've definitely seen more than 20 different links or articles. That doesn't happen without something being significant for any company. Yet the share price lingers. 43.9 thousand shares traded hands at 9am. Selling is clearly limited to those who are anything but investors doing diligence. Building wealth, over time, planning for retirement, etc! People not buying and holding are simply gamblers, and or lacking patience.
https://www.investopedia.com/terms/i/investor.asp
That's a very interesting chart. Clearly we lost support at $1.13, But the vast majority of the volume today all happened within a matter of five or six minutes. On four separate occasions as it was near the bottom of the day, ultimately resulting in the share price ascending back to $1.16 immediately thereafter the last big trade this morning. Then there was about one more minute this afternoon with big volume. I'm guessing it doesn't get any more obvious There's some big money loving this price point. Bears calling for $0.75 or even $0.90 entry are out of their mind. Q2 call is only about 8 weeks away. A favorable 45V Should propel the share price well over $2, If not $3, very quickly. I've been following the company for over 20 years. They have never even came close to having four different positive company updates in 4 months let alone one month. And I feel pretty good about getting at least one more before the Q2 call.
Very important info to consider! One long investor commented about the length of time for projects. Governments and EDCs and obviously FCE Are all working to streamline the process. Without looking back at the recent transcript, I believe I recall Few replying to an analyst, They expect new revenue from California and South Korea in fiscal 2024. The analyst wasn't expecting anything new and expressed his concern. Few specified both. Keep in mind the companies projections right now maintain $300M revenue in 25 and $1B in 30. As previously stated that means we need contracts signed ASAP in order to get those projects operational in 25. Although I expect a large majority of that to be South Korea from replacement units with projects restarted. KOSPO 2018? Maybe 19, 20MW operational in 10 months. I believe most projects will be operational in a similar time frame by end of 2025.
Canadian carbon capture not likely a final decision until next year, But I'm extremely confident it's going to happen, And it's supposed to be one of the largest in the world. TICK TOCK! Big money traders can move the markets almost anytime they want, up or down. But I think they're all so smart enough to know when to shift their focus. At some point there's going to be enough positive news They know they have to shift. Like let's say after a couple of good quarters, starting with Q2. $15+M in generation revenue alone, That's fact not speculation. We've now announced the signing of three new contracts that happened in Q2, UCONN, NETL in Ukraine, and now California! Yes, 3 within a month of each other. And we are just getting started. South Korea is the big one.
Take a wild guess and say about 1 year. California is trying to streamline the process We obviously have a long-standing relationship in California and the EDCs are gaining familiarity with our process and our product. I'm guessing during the Q2 call there will be a reference on time frame. We should also find out if it's a power purchase agreement and they may actually share how much it will add to backlog.
How many different articles have there been on the Exxon Mobil partnership, I probably seen 20.
https://jpt.spe.org/exxonmobil-fuelcell-energy-partnership-accelerates-carbonate-fuel-cell-carbon-capture-tech
There's California, South Korea should be next.
https://s21.q4cdn.com/256256048/files/doc_news/FuelCell-Energy-Technology-to-be-Used-in-Sacramento-Wastewater-Biofuel-Clean-Energy-Project-2024.pdf
Market getting pounded today. If it's not 1 thing it's another. COVID, inflation, rising interest rates, government shut down, more inflation and rising rates, supply issues, and FCE manages to beat estimates 3/4 times in last year. Several new MOUs, projects going into operations or up to full operations, Plug issued a going concern when we were on the rise, there goes that gain. Finally PORTHOS CC project announcement, Issues with 45V, renewed concerns about sticky inflation, Exxonmobil renewed and expanded the joint development agreement. Growth projections remain as stated for the last year, $300M In 2025 and $1B In 2030. Recurring revenue increased from $7.5M per year in the spring of 2019 to now $63M. There's not one thing anyone can identify that will definitely significantly negatively impact the company moving forward. There can be speculation just like the speculation and how the company will prosper. The factoring in the developments worldwide favoring our technologies in the near term and long-term future, far outweigh the skepticism. Bears commenting the company will never reach profitability would be the only justified reason, But that must include speculation 45V will not end up having any positive impact on the company. Carbon capture will not move forward, Our sales will not increase and we will not end up building or using the 400 megawatt manufacturing facility in the planning stages. There's more negative things that must actually become reality than there are positive things that need to become reality in order for the company to prosper. As Darren Woods has stated repeatedly, The incentives are great to try to get the ball rolling, But if carbon capture in some of these other technologies are actually going to become affordable and a profitable, companies are going to need to invest and the carbon tax is crucial. Canada already has a carbon tax And we are already connected and allocated work in Canada. We are well established in South Korea plans to expand that significantly in the near term, fiscal year 24. I say repeatedly companies substantially undervalued at anything under $3. This will rise much faster than it fell. And it will ultimately surpass a $10B market cap without selling 500 million shares. In my opinion without being a financial advisor, You will never see a share price anywhere near $2 beyond 2024, let alone anything below it. I highly recommend to anyone considering investing especially a large amount of money, Do extreme diligence for a few days and it will be an easy decision. In fact they've made substantial improvements at branding and updating their website. They actually made it easy. If you read the entire website and read all the news updates and filings from the last two years it will be crystal clear. TICK TOCK! PS They have $300M +in cash and are seeking a low interest loan from the Department of Energy to build a 400 megawatt manufacturing facility. Although they could use $100M cash and still have more than enough money to fund operations for 4 quarters but they will not do that. They have 500 million shares to sell if they need to raise money. They will not run into financial issues or need to issue a going concern even if they build the 400 megawatt manufacturing facility expand the MCFC run rate to 100 megawatts and expand Canada to 80 megawatts. And of course they don't need to do that unless they have orders. The incentives for hydrogen have not even begun to kick in. Policymakers are focused on streamlining the process what's these projects are being awarded. If we are going to hit $300M revenue in 2025, we're going to need sales in 2024. My guess is a nice chunk of that comes from South Korea. Does anybody think the company needs to be profitable in order for shareholders to benefit? Tesla broke well over $100 when they were losing billions, long before profit, And when there was a question as to whether or not they would ever be profitable. FCE hit $29.44, with not one single bit of good news. Every argument the Bears have ever had is weak at best. It's simply a matter of time, HENCE TICK TOCK!!!!!!
Clearly, every investor would love for these new relationships to evolve in weeks or months. MHB was actually established I believe before Chart Industries without looking back. The fact is we don't know what MOUs are progressing and if so at what level or stage. I understand they can't update us on every change or they would be updating us weekly on a bunch of different things some good and some bad. Which is why the SEC has requirements for things that do need to be reported. They can't choose if they're updating on everything to only update the positive which means they were dead then also have to update on the negative. And we know they don't need that right now. Look back just one to two years ago and where they were with branding marketing sales existing relationships and new relationships. Today is leaps and bounds in a much better place. I only expect it to get better at the same rate or faster moving forward. Nurturing the existing relationships having that one point of contact and obviously developing new relationships is going to ensure a reputation and growth
Yes, some people seem to interpret it as a bad thing, But I did not. Seems pretty clear He needed to resign from his current position in order to be accepted or offered the other. The partnership position is very intriguing. Obviously it's vital to maintain positive relationships with your partners. Some people would see that as a waste of money, But I do not. That's professionally building a business. Although right now some don't see it, I see this company having an impeccable status in the not too distant future. Following the company for 20 years not too distant to me might be different to others. So I'll specify by 2030 or sooner. By that time share price will have far exceeded most people's expectations.
So obviously the markets were down yesterday and fuel cell was up, But today the markets are getting destroyed so this makes a little sense. Although there's definitely no justification not to hold a $1.13.
Busy and did not see the volume at 9 or 9:30 and in fact just noticed it's at 5 million at 11:00 a.m.. guessing that might slightly be above average at this time of day and looks to be related to just a few trades of large volume. Unfortunately there are swingers and traders than just don't see the value in investing and patience. There's no stopping for this company from succeeding in a big way. It's simply a matter of time. Unfortunately we did lose support at $1.18 from yesterday but it seems as though we're still holding support at $1.13. I didn't even look at the overall markets so I don't know if that's relevant, But I believe we did well yesterday in a down market. Let's hope we hold a $1.13 and close at 1:21 or higher.
Many different articles over the past few days about the extension with ExxonMobil, 90% of them very positive. Of course there's always seeking alpha. They like to put a negative twist on everything with their amateur authors that always say something inaccurate. 55 million shares traded at 8:47 a.m.. yesterday's support seem to be at $1.18 as stated yesterday holding there would be bullish. Holding over yesterday's clothes after the open would be very bullish. Anything below 1 million shares at 9:35 would just reiterate my opinion No one wants to sell their shares. But they would love to steal your stop losses. TICK TOCK!!
Vijay, subtly continues pushing policy support!
https://www.linkedin.com/posts/dr-vijay-swarup-120a95159_exxonmobil-sxsw2024-sxsw-activity-7183463721527132162-F9fJ?utm_source=share&utm_medium=member_android
https://www.gasworld.com/story/fuelcell-energy-and-exxonmobil-extend-partnership-for-co2-capture-and-clean-energy/2137046.article/
https://carbonherald.com/fuelcell-energy-and-exxon-extend-and-update-their-joint-carbon-capture-agreement/
https://www.google.com/url?rct=j&sa=t&url=https://www.msn.com/en-us/money/markets/fuelcell-energy-extends-carbon-capture-technology-deal-with-exxon/ar-BB1lh7OT&ct=ga&cd=CAEYBioTMzczMTEwMDk0NDM0ODA1OTM3NzIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw3ZoNWatG7RBF7MV3eYMbB-
I must say, I knew he was a very important part of the team, and when I read resigned effective immediately I was a bit concerned.
Recap
Closed up over 5% on above average volume on what was mostly a slightly negative day for markets. Looks like today's support was $1.18, so that's where I'd like to hold support through the week. Very bullish if we hold $1.20+ tomorrow! TICK TOCK!!!!
Although I must say a $1.24 or higher on 15 million shares would be exciting. Put that could be the big players swing trading. That's why I'd rather just have 3% a day. But we did run $1,400% in 3 months, We certainly know it can happen especially on good news f o m o and momentum.
Volume exceeded daily average by 3:00 p.m., And was up 5% give or take a fraction. Would be awful nice to see it close over $1.20, But I'm perfectly happy with less volatility closing in the green at all. 3% average a day for the next 30 trading days would work. Let's say $2.40 before Q2 earnings. Nice earnings 20% pop, Read back the $3!! Let's get a start with 3% a day average between Monday to Friday. Potentially a little short squeeze??
TICK TOCK!!
How many honest bears are there? Especially those willing to admit they stated FCE gave away their carbon capture to Exxon Mobil who owned the technology and all of the patents, or any part of that factually inaccurate statement.
Nice volume today As I have stated repeatedly, resulting in pushing the stock price higher. We always go up on heavier volume. And when the share price goes down volume is almost always below average. Not a lot of time this morning but I believe we were over 5 million shares by 10:30 a.m. if I recall correctly. During that volume we touched $1.23 and we have support maintained well over a $1.13. would be a great sign to maintain support over today's open, in that $1.15 range, and have higher lows and higher highs at least for the remainder of the week. Many different articles and links referencing the extension with ExxonMobil and the key fact that we can now market the technology with anyone. So much for the Bears insisting we gave away the technology! Anyone remember that?
Deserving of it's own post! Finally speaking out and pushing the facts!
https://www.linkedin.com/posts/activity-7183075691607838720-AC5P?utm_source=share&utm_medium=member_android
As of today, seems to be support T $1.14. no real buyers slapping the ask though.
CA making more strides.
https://endeavor.omeclk.com/portal/wts/ug%5Ec%7C9ehwvsqe%7CzhFqjCE867yhsh7MzNbe83aF0CnngneesjPcEF2PPyPqr%7CCqkBEOtr9ra
https://endeavor.omeclk.com/portal/wts/ug%5Ec%7C9ehwvsqe%7CzhFqjCE868%7Chsh7MzNbe83aF0CnngneesjPcEF2PPyPqr%7CCqkBEOtr9ra
I do recall hitting a hundred million I don't remember it being much over that. Either way the fact is we go up on heavy volume. The only time that's different, is if we've been going up substantially on heavy volume. Then there might be a sell-off of day traders and swingers.
Seems as though support is and has been making a point. And it's obvious enough some of the Perma bears have even acknowledged it. However, Wait till this jumps 10 to 20% and you'll see that attitude from the bears flip instantly. I'll go back to referencing Pavlov. Bears are definitely conditioned to believe the cycle will be endless, But I know for a fact that's not true. At some point the share price is going to continue to climb, And I will continue to see any substantial pullback from a run as a buying opportunity. I'll even specifically suggest losing 50% of any gains would be a buy. Eg: $.20 pop (at the close) dropping $.10, or $1 increase dropping $.50!
TICK TOCK!
127k shares traded at 8:27am is about double normal volume at this time premarket, in recent times anyway. Let's hope we sustain volume throughout the day. Premarket has consistently been under 100k shares at 9am for a long time. Up $.02 could be a very good week if we can break 15M shares daily. Especially since it appears there's a lot of support around $1.11-$1.13. So much for the bears ridiculous comments about $.50, reverse split, delisting and bankruptcy. FCE making sure everyone is aware they have extended the JDA and can market elsewhere with others.
https://u29265312.ct.sendgrid.net/ls/click?upn=u001.AGVir0q-2FyZWbZ5ev3cZBUkEleMvRVzeSDmm68mD8cr13GDagsfw6w1sfhJ8dxDUGVZH0yIbpjC3dMDbQG5Y1Ie8F9cJJtHxYjH-2B5CdrCyTYE4wCabuKV5T4goy18kXDMJQPZLU17uEkshbmumU2kwEex5GQslY7gfHKf-2BV6a-2B8hYpHGfxwENGxHeShLyR-2BpMLMoK3o0y7KN-2BSt-2FOl4-2FMurwm1NGajgQemFlgaUW3qtdHQ2tuz7V6NVn2imW1G8tDNSNxyYydhEh5z49jF636-2Bi-2BGQKxKvDMc79xunXIhwchnbRehJSVUIkFBYhNuh7jOd6TwIXc3fvYt3ojMg-2FwppW8DDkbzlAMuU3zsYOmTkzPouFJs60BKE1t4Ig3Pup-2FwHIqr1WsGHyWoyVeZ6qMShg-3D-3D6yw0_FLPzT2gB4L4-2BGAeomRFoIkV8JLL6vIhz-2FCbDV-2BLOv-2FBGaGJCPvB-2Fqu8tNctOSA6PcdyqIcWisY6kkpNN1CTW-2BdQYb3lx9Lv96x3oKAqeGZPfrJxIF0mUAzmUd-2BONrBLuxekQMoRiL1l8mz-2FzgFuOt0tW24KAQHrU9QXG0kbdEmd-2BNhCcHvr8DWlobu3lNQvl7GnXCNngSVv0cPl8A9-2Fefwj36aRJVe6eAcFcrn0NffJNl2sQ-2F7tdMznifJCBpbOskWK43SQSJHqrDvLEVLfWgMKBpPP8B0ougJWRllbcM3jhBQjtkfI1ZEbuVkIr3gigJipfoPwVHxwy24rJXDmMyfGg81myJBk4wfVIQdQGJHeQ64LFgscpCI12trffuaaACtmMkMBSOnXKqtw-2F7DxG1uHPaONKLbUMmWJA-2FW8-2BdXVH-2FVSwrbT6Ql-2FyXPpZUJu-2Fj8wLa1uhTpQ09klbQVjdmsCJMTF23Sb-2BSc3Vvm4MVH1WtcLeIYFX2tM7VKcWqO0j-2BUQ5horyiETc6nSY2kfOLComBhed8Ej90Szlv1JhiBUaUnhzhrQ3fvMBiUkVSog388e27Q2phQXHpPZu7tjttA-3D-3D