Friday, June 15, 2018 9:21:14 PM
The time frame has been longer than what I owe hoped for or expected. But again that wasn't necessarily related to the company. I did question using power purchase agreements as much as they have instead of sales due to the cash needs and the lack of immediate Revenue. However now I clearly grasp the concept and agree with it. We all have a right to an opinion and I believe this was the best approach for them. This way they did not need to sell the fuel cell rather just provide Power and have higher margins for the company as well as building long-term recurring Revenue. If you don't agree with her understand that that is your prerogative. But the result is that once we start earning enough revenue from Power purchase agreements the stock and the revenue are going to go through the roof. And my time frames may be wrong once again. But I am certain about one thing. I have had a $10 price Target for March of next year for about the past year. And at this point I am sticking to it. Only time will tell and the best thing about this stock is we could get a 1/2 200% gain within a couple of days with the right news report. We have five or six potential huge deals coming within the next year or so. We will get the Long Island project signed by the end of the summer. We will get the contract signed for 22.2 megawatts of rfps in Connecticut before the winter. That is 62 megawatts of deals which we have never had before in less than a year let alone a few months apart. We have incentives that really put a damper on the fuel cell industry the end of 2016. One of the main problems with the stock right now is many people like you believe it's the same story when it's not. Once everybody understands that within the next few months the stock is going to take off like a rocket. We only need 25 megawatts of power generation in order to achieve a net break even. We will be close to that by the end of the year. Which means we are going to have a net-positive quarter within the next three quarters for sure. We will get another carbon capture project. We will get another hydrogen project from Toyota or shell or possibly even some other company but it seems to be Toyota right now. Public acceptance will grow in this will all happen before next summer. And if you truly did believe in the company and are not a short then you will invest your money in it and simply say I hope you're right.
I wish all the best. Keep the faith. I have been wrong about time frame but I will venture a very conservative guess that even if I'm wrong about mid-March being the $10 price point, which I'm almost certain I'm not wrong, I would extend it three more months and say bye next June 10th.
Recent FCEL News
- FuelCell Energy to Help Power UConn’s Innovation Drive Towards 2030 Carbon Neutrality with Solid Oxide Fuel Cells on Storrs Campus • GlobeNewswire Inc. • 06/25/2024 12:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/10/2024 11:40:39 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/10/2024 11:35:16 AM
- FuelCell Energy Reports Second Quarter of Fiscal 2024 Results • GlobeNewswire Inc. • 06/10/2024 11:30:00 AM
- US Index Futures Drop Ahead of FOMC Decision, Oil Prices Inch Up • IH Market News • 06/10/2024 11:23:30 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/06/2024 08:05:38 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/30/2024 08:15:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/28/2024 08:15:21 PM
- FuelCell Energy and Gyeonggi Green Energy Announce Agreement for Purchase of Fuel Cell Modules and Service Agreement for World’s Largest Fuel Cell Power Platform • GlobeNewswire Inc. • 05/28/2024 04:46:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:42:32 PM
- FuelCell Energy Announces Second Quarter of Fiscal 2024 Results Conference Call on June 10, 2024 at 10 A.M. Eastern Time • GlobeNewswire Inc. • 05/22/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 09:23:12 PM
- FuelCell Energy and Toyota Motor North America Celebrate Launch of World's First "Tri-gen" Production System at the Port of Long Beach • GlobeNewswire Inc. • 05/02/2024 11:30:00 AM
- FuelCell Energy and Toyota Motor North America Celebrate Launch of World's First 'Tri-gen' Production System at the Port of Long Beach • PR Newswire (US) • 05/02/2024 11:00:00 AM
- Tyrone Michael Jordan Appointed to FuelCell Energy’s Board of Directors • GlobeNewswire Inc. • 04/29/2024 09:01:32 PM
- FuelCell Energy Announces Debt Financing for Derby Power Projects • GlobeNewswire Inc. • 04/29/2024 12:00:00 PM
- FuelCell Energy Technology to be Used in Sacramento Wastewater Biofuel Clean Energy Project • GlobeNewswire Inc. • 04/11/2024 12:00:00 PM
- Recently Updated and Extended Joint Development Agreement between ExxonMobil Technology and Engineering Company and FuelCell Energy Aimed at Accelerating Access to Carbonate Fuel Cell Technology for Carbon Capture • GlobeNewswire Inc. • 04/08/2024 12:00:00 PM
- FuelCell Energy Innovators to Highlight Advanced Clean Technologies at CERAWeek 2024 • GlobeNewswire Inc. • 03/19/2024 12:00:00 PM
- FuelCell Energy Reports First Quarter of Fiscal 2024 Results • GlobeNewswire Inc. • 03/07/2024 12:30:00 PM
- FuelCell Energy Announces First Quarter of Fiscal 2024 Results Conference Call on March 7, 2024 at 10 A.M. Eastern Time • GlobeNewswire Inc. • 03/01/2024 01:46:06 PM
- FuelCell Energy Announces Release of Annual and Sustainability Reports Highlighting Business Performance and Progress Towards Sustainability and ESG Goals • GlobeNewswire Inc. • 02/19/2024 01:30:00 PM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 02/16/2024 10:10:25 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 02/16/2024 10:09:16 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 02/16/2024 10:08:16 PM
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