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Regardless of the psyche attached to breaking a dollar, we've already broken resistance at a very key level. Next Target $1.20. Although of course we need to close over $1 And I believe for 10 consecutive business days, I'm relatively confident we will be testing a $1.20 this week. Especially if there's any good news. If earnings is as I believe on the 10th, We should definitely breeze past the $1.20 by the 10th. If we have not, Then we should test $1.50 that week. Although this could go parabolic at any point as we all know. $1.50 could be a joke in a couple of days We could be talking $5 and $10 by mid-June.
Very very optimistic today. Not only did we break through 95 cents intraday, But we've done it again. And last I looked it was over 37 million shares less than 2 hours into the trading day. Restating my previous opinion, once we close over 95 cents shorts will have to consider covering because we should close over a dollar the same day or within one day in my opinion.
Marsh has typically done a good job of trying to support the share price of his companies stock over the years. However, That has resulted from scrutiny from the likes of the SEC and attorneys organizing class action lawsuits. It's one thing for a CEO to think something But dealing with it in a politically and publicly correct way is a bit different as you and I know. I believe they will fix the tax credits to be more beneficial also. Hopefully sooner rather than later.
May 23 Hydrogen Technologies office PR re Toyota Trigeneration at Long Beach, seminar on May H2 webinar May 30
https://www.energy.gov/eere/fuelcells/articles/may-h2iq-hour-webinar-megawatt-scale-tri-gen-system-produces-clean-hydrogen
SK very aggressively pushing, refer to my previous multiple link post from this morning
https://www.hydrogeninsight.com/power/south-korea-launches-world-s-first-auction-for-clean-hydrogen-power-generation/2-1-1649557
2021 video finally progressing to commercialization!
Unfortunately, institutions own around 50% I believe. And I don't think they mind and some are involved in the shorting. If all retail investors arranged so their shares were not available for lending, it might help, but how do you spread the word and convince all retail of that? Lol
Germany aggressively moving to Carbon Capture!
https://t.co/FRRi687rzu
Paper from above feasibility study
https://doi.org/10.1029/2023EF003986
From section 2.1.2 Drax study
Combustion of woody biomass for heat and power cogeneration (CHP) combined with carbon capture (BECC-WCom), repurposes previous coal-fired power plants to use woody biomass feedstock. The CO2 released as the exhaust is then chemically captured and can be concentrated and transported to geological storage sites. This option allows for repurposing existing infrastructure, continued central power and heat provision and the use of technologies, which has already been demonstrated in other countries (e.g., in United Kingdom the example of Drax Group (2018) might be appealing given the impending coal phase-out in Germany (KVBG, 2020)).
They got the year wrong but it's FCEL
https://s21.q4cdn.com/256256048/files/doc_news/FuelCell-Energy-Announces-New-Carbon-Capture-Project-with-Drax-Power-Station-2019.pdf
2024 Drax and Sheffield UK
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.sheffield.ac.uk/news/university-sheffields-energy-innovation-centre-partners-drax-advance-carbon-capture-research&ved=2ahUKEwjYrpbTjquGAxXtEFkFHcQJCjoQFnoECBsQAQ&usg=AOvVaw1CxN_1YtzItQAoyFUUnuUp
2022 FCE at Sheffield
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.sheffield.ac.uk/energy/news/advanced-molten-carbonate-fuel-cell-research-rig-unique-uk-arrives-translational-energy-research&ved=2ahUKEwjL2M_kjquGAxVFFVkFHSnfC1MQFnoECBYQAQ&usg=AOvVaw3FXUrk4DjgJtn-unUMK9_V
March 29, 2023 additional funding at Sheffield (Advanced Technologies revenue for those playing the home game and doing diligence)
https://stockhouse.com/companies/bullboard/fcel/fuelcell-energy-inc?postid=35607809
From above link, Patents limited ability to work with ANYONE else, hence FCE received the additional funding for the work!
"At the time of contracting with the supplying company they believed it would be better for the University to procure services locally to allow for connection and full installation of the equipment. However, during the process of design of the system it became more and more apparent from both a technical and financial perspective, that the supplier is the only plausible contractor able to undertake this work. The original tender did include requirements for a turnkey solution."
Drax Partnered with Sheffield after this to move towards COMMERCIALIZATION!
As if Drax isn't enough potential, what about Exxonmobil, May 22, 2024
https://corporate.exxonmobil.com/Locations/EU-regional-news/Carbon-capture-technology-field-testing-Rotterdam
So Drax and Exxonmobil partnered with FCEL YEARS ago and both now advancing the long, Thorough testing towards COMMERCIALIZATION of their PATENTED technologies!!! And the MARKET is currently putting $0 future valuation (on over a $1T market per Exxonmobil). FCEL currently less than $400M market cap! Less than cash value of the company.
A company whom went from $7.5M per year revenue from Generation (a power company) in 2019 to $63M RECURRING REVENUE from Generation in 2024. And that has nothing to do with Carbon Capture.
A company whose primary revenue through 2017 was from South Korea where their (at the time) Partner Posco Energy (subsidiary of Posco Steel) tried to steal the company and their tech by tweaking the tech, then having problems with it, blaming FCE, slandering and suing FCE and losing to the tune of over $100M eventually. This law suit, slander and financial attack by one of the most powerful companies in SK did exactly what Posco wanted but they failed to achieve their ultimate goal of bankrupting and taking over FCE. FCE has since regained access to SK and the overall Asian market and now has access to restart and service well over 100MW of existing FCE and Posco installed Fuel cells worth $100s of millions and has been negotiating such for over 1 year now. Their largest customer in history is just about to become their largest current customer, this time with no middle man and a solid financial profile.
And there's NO PERCEIVED VALUE to that! RAOTFLMFAO!!!!
Vanguard knows the deal with over 43M shares, and BlackRock with over 35M!
Honorable mention
Toyota, MHB, US DOE, US DOD, IBM, Chart Industries, TuNur, Etc
TICK TOCK, TICK TOCK, Boooooom!
This is going to be a far far greater percentage growth than in video over the last 1 to 2 years. We are priced as if there's potential for bankruptcy which does not exist. AMC and GameStop are completely different story. Somebody tell me a scenario where their future is bright if it even exists. Any suggestion fuel cell energy has no value or will not survive is clearly unintelligent. The entire world is pushing towards increasing hydrogen production with the primary source of fuel cells. The entire world is also finally jumping on board with the need for carbon capture based on the fact that fossil fuels are an evil necessity for the near future. Exxon Mobil slow played this for several reasons. One of the main reasons is because there's no proven carbon capture technology out there which actually captures the carbon it was suggested to anywhere near the cost that was suggested. So they did tons of testing and planning to prepare for this. They believe they can capture more than 90% at whatever cost they determined which is within their acceptable range. They obviously want incentives like carbon tax which Canada already has to help make it profitable. And I think everyone knows they were advocating for $100 per ton. They have mentioned repeatedly This is potentially a game changing technology.
Yeah if I get paid on time my commission is actually supposed to be on the 8th. However, I do expect to run up into earnings even though the shorts and swingers are taking advantage of a huge jump yesterday.
Lol, I bought 10 shares this morning I figured WTF it's all the cash I had in my stock account. Then I did a transfer of $200 which should go through by end of day because that's all I can manage right now. Bought 200 shares is $2,000 at some point before the end of 2026. And if I can get really lucky maybe timing will have it as such that I could end up with 220 shares.
Look at Nvidia! That growth will pale in comparison to fuelcell Energy. Currently $1,050 up from 800 1 month ago or about 30%. Around 2 years to get down to $200. 425% growth in just over 2 years. Chip maker, very important. Our tech is world changing and world saving. And starting from nothing. Nvidia was already a world wide accepted tech and company at $200. And by the way it was $150ish for a year leading up to 2022. Fuelcell should already be $1.50-$2 just based on current asset/cash valuation just to be even. 30%, lol, We got 1,400% in less than 3 months before, and everything has only gotten better since, Except the economy! Once the economy and Inflation are stable we get 500% just based on that. Now add the growing DEMAND for our tech, urgency and lack of proven options. 2026 will be FAR greater than that 1,400%! From $.70-$.80 cents I'm thinking 5,000% is conservative! That's only $40, but put that in perspective. $1,000 x 5,000%! That's $51,000 from $1,000 in about 2 1/2 years. MINIMUM by 12/31/26
Major fail on 15M shares by 10:10am. Shorts still loaded
This is it, 469,000 shares at 9:00 a.m., at the tipping point of 94 cents. As I've stated on several occasions recently $0.95 is the end of the shorts. We either have a quick pullback when it touches 95 cents or we go over $1 take your choice. Would the coming conference call on a Monday and speculation there's a reason for that, combined with all the developments over the past 6 months and Few making a bold statement about Q1 being the low watermark, The recent public information update from Exxon Mobil, I don't see any reason to not break through that 95 cents. TICK TOCK!
I want to consider reading these two together!
Spike, expected earnings or
Exxonmobil publishing
https://corporate.exxonmobil.com/locations/eu-regional-news/carbon-capture-technology-field-testing-rotterdam
https://t.co/SLIjh3VZBf
5/22 + 14.5% and + 4.5% after hours.
Plug was + 10.7% and -2.35% AH
BE + 12.4% and -5.24% AH
BLDP +4% and -.6% AH
$.93 AH just shy of that elusive $.94 resistance or the $.95 I'm looking for suggesting is the beginning of the end for the shorts! Earnings 6/10/24 could seal the coffin for shorts. Earnings beat is likely, since Analyst estimates are $.08 loss and they had $.05 loss on "Low watermark" revenue. That $.05 loss was with construction costs and fees for projects not yet in full operation. Average volume went from 10-12M shares a day to 60+M shares a day over the past month, while being strategically manipulated lower. Expect upward revisions from FCE and from analysts over over the next 2 quarterly reports now that construction is completed on several projects, now operational creating millions in additional recurring revenue while all fees related to delays are gone, no longer hurting earnings. Revenue was only $16M in Q1 and should break $20M easily in Q2, but could be upwards of $23M.
Spike nothing to do with earnings!
Exxonmobil publishing
https://corporate.exxonmobil.com/locations/eu-regional-news/carbon-capture-technology-field-testing-rotterdam
Definitely encouraging
I hear you If I could buy 500 shares I would I can barely afford the bills right now work is slow and I have two mortgages that both went up because the taxes and the insurance. Unfortunately that combination made it so I have to be cautious until I get a large commission, which should happen no later than July but possibly June. Either way, pretty sure I'm going to miss out on a nice 50% and possibly 100% or more pop from 80 cents. $1.60 is still a drop in the bucket for the share price. I'm buying anything I can afford up to $2 beyond any doubt. I don't care if it's up 100%. I know in a year a $1.60 shares will be up several hundred percent at a minimum.
Well over $.85 ($.89) and we'll over 61M(90M) shares traded. Hopefully it wasn't those same swingers and shorts trying to create volatility. We see by Friday for sure. Green tomorrow, very good, close over $.95 awesome. Or anything green tomorrow and Friday, particularly if we hold $.89 from start to finish!
SP + over 18% and volume + over 10% daily average with over 3 hours left in trading. FCE announced this morning earnings on Monday June 10, 3 business days earlier than analysts expected. FCE has never had earnings on a Monday! IMHO there's a reason and seams others might think similarly. Any event happening the previous week? Last Q they beat analysts estimates for earnings even though they had "Low watermark revenue", with $.05 loss. I don't see how beating Low watermark revenue with full generation revenue and no costs associated with such they don't beat $.05 loss. But analysts disagree. Zacks says $.08 loss and call on 6/13! This Stock has been shorted and manipulated strategically for a long time, but most obviously over the past month driving it well below $1 and we'll below current cash value. Seems it couldn't be more obvious BIG $$ was trying to make $ shorting and accumulate as much as possible for a massive run. Vanguard now owns (through accumulating) more than 42 or 43M shares. That means they make $43M on every $1 increase, or $430M on $10 increase. And I'm CERTAIN they are holding the majority of those shares well into the next few years since the hydrogen and Carbon Capture industries are just now preparing to hit the road running. Say they trim 3-5M after $10, then maybe another 5-10M after $20, holding the rest into 2030.
Bears and bulls alike expect this to pull back a little from this 94 cent challenge and/or at $1! I'm telling you right now this ain't stopping if it closes over $.95! We easily run to $1.20 If we break 95 cents.
Upward revisions would be beneficial also. The market very often reacts significantly to that. A beat on top of that would be a major bonus. Let's say they revise earnings to $.06 loss, That should be enough to make the SP move up. Then if they beat that, which you and I both believe they should, it should continue to roll for at least a little bit after the call. At some point we need some good news to help out regarding the industry in general and or inflation and interest rates. Contrary to many's opinion, I do believe we can get back to two or three dollars without having great news about the economy and interest rates. You just needs to be some momentum in the industry, or some really good news motivating all of the swingers to run fuelcell to a new level. Over $1B market cap would be much more rational. I mean they do still have over $1B in backlog with more than enough cash for operations for over a year, And I'm pretty sure we are about to double that backlog no later than the end of the fiscal year. Backlog is definitely not decreasing moving forward. Since the vast majority of it is Generation. There could be a slight decline over the next few quarters due to service agreements but obviously that would add a chunk of revenue to earnings. And I'm extremely confident backlog is going up through new agreements before it gets down to $1B
Interestingly they're testing the 30-day high right now, on increasingly high volume. I really wish I had more money to invest at $0.80 I tried and I was very tempted to cut myself short but couldn't possibly have a decline through earnings or I would have been in a very tight spot. Just after noon and already almost at the ridiculously already high average volume of 60 million. I'd like to see a nice little tight range battle between 90 and 94 cents for the remainder of the day, Then a push in the last 5 minutes or after hours to get it over 95 cents. Then a spurt to $1.20 By Friday. Then we have a whole week before earnings for shorts to quiver in fear, or bite the bullet and cover. Imagine worst case for shorts! Not only beat, but have break-even numbers combined with big news for the industry. TICK TOCK!
And this is for everyone not just the Bears, I'm not feeling all fluffy that we are running from here, In my opinion we need to break that technical level of 95 cents. And it would be nice to see this happening steps instead of all at once creating more volatility. Closing over 85 cents again would be a very good sign. Then closing over 95 cents this week would be a great sign. But it's going to happen sooner or later we're going on over 1,000% run In any given 4 month period within the next year.
Hopefully the 5-day chart looks exactly like the one day chart next Wednesday. With an impressive earnings and any significant developments for the industry at all by earnings the 30-day chart could easily look like that. 1400% run in 3 months beginning November 2020 could easily be replicated from those ridiculous manipulation levels as of recent. I believe I mentioned the other day 1,000% from 70 cents would only be $7.70 which I might actually consider a fair evaluation at this time.
Volume seems to have picked up substantially over the last half hour. In my humble opinion I believe the heavy traders trying to steal shares over the past few weeks running the average volume up to 60 million No this is moving in a positive direction after earnings. Volume began to pick up between 10:00 and 10:15. Looks like we might far surpass that 60 million shares a day average.
Seems to be a slight uptick in buying pressure, with volume increasing over yesterday. We need green 3 days in a row and ultimately a close over $.95. shorts should be concerned if we close over $.95 at any given time particularly before the conference call. I don't see any way this closes over 95 cents and doesn't close over $1 within a day. That would be over a 30% pop from the very recent low. Historically I'd say when any stock gets a 30% pop there's going to be profit taking. But after breaking significant technical levels maybe not so much in this case. I think everyone's going to recognize it's time to go for a ride. $1.20 could be in order very quickly. Any significant developments in a beat on earnings on both ends should result in breaking through $1.20! TICK TOCK!
Zacks was short by $0.03 last time & FCE had low watermark revenue. I love this forecast!:; I can't see how they don't beat $.04 loss!
According to Zacks, FuelCell Energy (FCEL) is expected to report earnings of -$0.08 per share for the next earnings release, which is expected on June 13, 2024. This would reflect an 11.11% increase year-over-year. Tipranks estimates that FCEL will earn -$0.08 per share for the next quarter, with a range of -$0.09 to -$0.07.
FCEL's last quarter's earnings were -$0.05 per share, which beat the Zacks Consensus Estimate of -$0.08 per share. This reflected a positive earnings surprise of 37.50%.
Looks like Bloom had some insider buying. That's what I'm thinking it was anyway, with several filings. But I am extremely confident part of the reason for such a discrepancy in the share price movement or lack thereof with fuelcell, Ballard and plug is the abundance of swing traders jumping from one stock to another in the fuel cell industry. Look how low the volume is on Plug. So they sell a little plug dump some money into bloom take profit in less than a day or a couple of days at the most, Then either put it immediately in one of the others or wait till there's another news job or activity alert. If I had a million to invest right now $900,000 would go directly into fuelcell. New 52 week highs imminent this year!! Where else can you be guaranteed over 100% profit in less than 7 months (Although I think much sooner and much higher). Heck, 100% is only $1.60!!!!
I've seen a lot of stupid things over the years watching the market but this definitely tops them all. N The developments globally for the need and incentives for our technologies combined with the incredible progress the company has made gives them the potential you and I are fully aware of. I can't see how there is zero potential figured into the share price. In fact as you stated, it's less than zero, implying there's actually a realistic possibility of bankruptcy more so than achieving anything. So everything they've done over the past 20 years including the incredible progress over the past couple of years and the growing need for our technologies is completely valueless. That's about his realistic as the stock being over $100 by the end of summer. Which can't happen given all the right circumstances so they are both just as believable.
May 21st 2024. If my guesstimate is correct, And earnings date will be announced, No later than next week for June 6th. Everyone following the fuel cell stocks knows that another run is imminent for the entire industry. All of the fuel cell stocks have had good things happening. Fuelcell Energy has by far had their most productive year ever. The only thing missing is a "BIG"contract! Big is the main focus, Since they already have several new contracts, including $29M+ with questionably the most powerful energy company in the world. $29M+ is Exxonmobil $10M MINIMUM per year through December 2026! 2 years 9 months!! S. Korea will happen this year! Just think, we were $29.44 In early February of 2021. Look at the momentum in the hydrogen and fuel cell industry and carbon capture industry since 2021. Look at all the projects we've completed new business relationships we've developed, along with new contracts signed. Looking back, $1-$2 May have actually been appropriate at the time. But there's no way anyone can justify sub $1 today. TICK TOCK!!!!
Europe running with CCS
https://t.co/PJKaSqjlNW
Well at some point it has to bottom it's not going bankrupt and it's not doing a reverse split. People obviously see value at these levels As identified by long-term followers and investors as well as many new faces or names just now jumping in. As stated before closing over 85 cents would be a good thing, closing over 95 cents would be a great thing. I'll take green 2 days in a row, then a close over 95 cents to put a stamp on it.
You think it's strictly a coincidence This is at Long Beach? It's truly just simply a matter of time before the market cap is back well over $1B.
https://tdevbseab.cc.rs6.net/tn.jsp?f=0016pMIxoQ5b0CSnN2qZLoNFB1KIliNUDVC4i8wxcrqP96OKHbUdKzxm8tx6x3ntwZ4PzQQBVhAI6wlJBWZg4dcJt26QWv7Ebgi00o2XX6UFrDGkpke8nn2DGZsFyNdpjIIhYKeJ-_QHOjR0W1ogPBh-IYw2SK7GXTWt4gU_VOaIM9ei2vtTqGm_7B3NDJxZz6OHf_0thb85oCf3IwDg3YpOj3sULs-bx3KeJX14P_qQjuaSVprnC5urQZBtWYXo1ep&c=NyIRUqjHBDptvovN1sRkKAoRhTW-to5Cw_H7-nXZXSc46QsDvzgePw==&ch=-Ttpn1eu9tFM_eYUaJXPnwScJPUNUT0iZai67p1ZcH4ZSJoQ8rz-fg==
Check out @DisgruntledDavid message on Stocktwits http://stocktwits.com/DisgruntledDavid/message/573569503
How do you have news like this on top of the project with Toyota being officially announced and having received multiple awards, Receiving a joint development extension with Exxon Mobil running through December of 2026 for $10 million a year minimum, and agreeing to the first commercial installation with them at the Port of Rotterdam. Not to mention completing two different projects worth over $16M a year for the next 20 years in Derby CT.
And They just went to full operation of a project with the Department of defense in the US Navy! Does that make any sense at all to anybody??? All within 6 months. It's shockingly stupid! And the only reason it could happen is because everyone's not aware of it. Otherwise the billionaires that invest would gobble up shares at these prices.
facts:
1 The company has completed four projects eliminating all costs associated and adding recurring revenue to the generation portfolio in just the last 6 months.
2 The company has also received awards for three new contracts in the past 6 months.
3 They also extended the previous 10-year relationship with ExxonMobil for a MINIMUM of $10 million a year through December 2026
4 They have been developing relationships and progressing in negotiations with several different partnerships over the past 2 years. A couple of those will reap benefits in the near future, South Korea being 1 and a very important one at that. That will ensure they maintain plenty of cash for operations without selling shares or taking a loan over the next two years.
5 They will be on the cusp of profitability once those projects begin delivery in South Korea. Although the company does not need to reach profitability for shareholders to be rewarded, That will be the ultimate slap in the face for shorts. there will be no reverse split because the stock will be back over $1 by second week in June at the latest. So although they may receive notice of non-compliance from the NASDAQ, They will rebut with a comment stating they expect to regain compliance prior to the 6-month deadline.
It's obvious there is still a short attack underway. One of the easiest ways to tell is that the stock is down on heavy volume. We never trade more shares than plug power unless something is going on. We are again trading far more volume than plug power. And plug has had news. And although the company may very well have sold shares, And it's even possible they are currently although I doubt it. I'm relatively confident they haven't sold more than 100 million shares. That doesn't justify a 60 million share a day average for the past week.
We have a combined heat and power application. And we have our trigeneration system which creates water power an hydrogen. I'm not sure if we can claim to create heat power an hydrogen.
Interesting, Bobcat owns Doosan! But installed??
https://news.ararental.org/bobcat-co-installs-stationary-fuel-cells
531 patents currently valued at $0
Today is World Intellectual Property Day, and FuelCell Energy is proud to celebrate more than 50 years of innovation and creativity in fuel cell technology and clean energy. Our team holds more than 530 patents globally, covering the development of our cutting-edge technology. pic.twitter.com/MEoVH8DZQr
— FuelCell Energy (@FuelCell_Energy) May 17, 2024