FuelCell Energy Inc (FCEL)

[krays]

Go back and review this from last year and make your own comparisons to the current share structure.

Last year at this time there was an OS of 84m shares, $14m in outstanding series C, and a boatload if warrants. Hercules was due $26m The series D had not arrived on the scene yet and the stock was trading at around $1.40 ($16.80 split adjusted).
Compare that today with both series of convertible preferred in the rear view and Hercules down to something around $14m.
Huron is doing a great job of cleaning up the share structure and two major pps overhangs were eliminated in the last week (Posco and preferred).
I’ll be taking advantage of what I would anticipate to be a knee jerk reaction of the market tomorrow and or this week.


https://www.sec.gov/Archives/edgar/data/886128/000156459018015202/fcel-10q_20180430.htm