Monday, October 08, 2018 5:09:26 PM
I still have the 100 shares I bought at .75/share ($150/share post split) and I was the only buyer at .75
But I bought a lot at .01 in 2012 and cheap ones before and after the Dec 2011, at sub penny (.30 to .80 post split).
I also bought very large volumes at all the new lows this year and last year, as did others to average down. fcel never imho had a chance as its sales were one huge order at a time, took 6-12 months to build/construct, and there was never any chance for a huge revenue surprise or order rally news PR to rally the stock, and the collapse of crude oil prices and coal and Nat Gas in 2014 (and Nat Gas was earlier) that are used to produce power, and the massive drop in solar cell costs from China and super cheap wind power beat the fuel cell stocks up badly. Even GE and Alstom Power were crippled by the massive switch to solar and wind power....GE just sold or announced the sale of their entire Oil field(?) energy business operations from what I read earlier today to try and save the company?
I look at SGSI as a brand new investment. And I really like what I see.
I am green and will buy any more dips, but I think we are hours or days away from never seeing anything under a $1 again here.
All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.
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