FuelCell Energy Inc (FCEL)

[Hoghead7]

Keep in mind they have 124 million dollars and the last quarter they turned a gross profit. They now only need 45 megawatts of sales or 60 megawatts of operating revenue from self-owned plants or a combination thereof. The cell phone operating ones are much higher margin. So if they get 20 megawatts of sales this year to go along with their power purchase agreements they will be out of net profit. I'm certain part of the project contract they're working on with posco is going to include money down in order to build the fuel cells. There are reorganizing the contract no and I'm certain they will make it so they get cash up front from posco to make it happen. No problem funding 40 megawatts they just need to finalize funding of the 63 megawatt Beacon Falls deal which will happen this year also. By this time next year anybody who cashed out or has been making fun of fuel cells or Fuel Cell Energy will be crying that they missed the boat. My 12-month Target price is $15 and that is easily attainable since prior to the 12 to 1 split the price would have been almost 11. And that was only with hope of a 63 megawatt deal. If this kind of deal came to fruition for Plug Power it would have doubled in one day and tripled in less than a week