FuelCell Energy Inc (FCEL)

[Hoghead7]

Bloom disclosed an accumulated deficit of $2.3 billion as of March 31, 2018, and shrinking cash reserves of $88 million at the end of March, with a burn rate of $37 million over the first quarter of 2018. FCEL had well over a hundred thousand in cash and cash equivalents at the end of the second quarter and only has about $12 million cash burn per quarter. And they are trying to get 13 to $15 a share. Hm!!