FuelCell Energy Inc (FCEL)

[Hoghead7]

This is not a one-and-done. Yes it is sustainable 11.2 megawatt operating asset is not going away for 20 years and we have just added 7.4 more to it. we are also going to be adding more to that once we figure out how we're going to break up 39 megawatts in Long Island. We are expecting at least another 20 megawatt order in the very near future from South Korea. And as chip stated before part of that 39 megawatt deal in Long Island would likely go to straight sales. We cannot have more orders put in the backlog when we already have a sufficient back long to keep operations moving. I'm certain we will see production ramping up before the December annual conference call. If not then I'm certain they will identify the ramping up process during the conference call. If they have one more order solidified before December then I'm certain they're going to ramp up production to more than the required 45 megawatts a year to reach EBITDA, but then we will also have the 18.6 megawatts of operating assets with more being added to backlog for that also. We will have a minimum of 18.6 megawatts operating assets for the bulk of if not all of 2018. That takes care of almost one-third of what we need to be even. So if our run rate is even 35 megawatts for 2018 which is a drop in the bucket then we are at a net-positive year.
Most likely if there is one quarter that we are not in that positive it would probably be the first quarter. Certainly being on this message board you are either reading all of the news and are aware of all of the news or you are uninformed. If you are uninformed then you have no legitimacy and putting a price Target which is 25% below the three most recent analyst targets of $4. If you hang on tight and pay attention you will see at least one analyst come out before the end of the year with a much higher price Target. After all they are 12-month price targets. My price Target is $12 by next December. And that is not banking on people speculating about carbon capture. Carbon capture is still speculation. Unfortunately but it is. The rest of their technology however is not and it is far from a science experiment. Don't get me wrong I believe in carbon capture and that it is working but it's still speculation to buffet and Kramer. Certainly being on this message board you are either reading all of the news and are aware of all of the news or you are uninformed. If you are uninformed then you have no legitimacy and putting a price Target which is 25% below the three most recent analyst targets of $4. If you hang on tight and pay attention you will see at least one analyst come out before the end of the year with a much higher price Target. After all they are 12-month price targets. My price Target is $12 by next December. And that is not banking on people speculating about carbon capture. Carbon capture is still speculation. Unfortunately but it is. The rest of their technology however is not and it is far from a science experiment. I am a chart guy. Charts tell a big story and many people believe the same. This stock was valued at well over $10 a share on almost complete speculation. That was well before chip announced that they have moved from a R&D company to commercialization. We are clearly in commercialization and unfortunately there are a lot of people that don't know that or refuse to accept it. But when people do know it and they do accept it it will be far greater than $10 a share. I'm guessing anywhere between 15 and $20 a share is actually more realistic once we have had a couple of good quarters. We should have a couple of good quarters between now and next summer. Some of the Skeptics are still Skeptics because they don't understand how we are going to build the Business Without cash. Chip has done a fabulous job relatively speaking except for the fact that I think he's a little behind on hiring a PR person and getting news out there more promptly. I did email him the other day and we got to news reports shortly after that.