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Re: 44centsAKAchoccake post# 13815

Saturday, 07/27/2019 6:56:03 AM

Saturday, July 27, 2019 6:56:03 AM

Post# of 61761
I do believe That understanding is slap backwards. $5 divided by 12 = .416 cents. So $5 dollars today would be like FCEL being worth less than .42 cents last year. which was not the case. Look at the Chart:
Less than a Year ago FCEL was over $15 before shorts raided the stock. The 1 for 12 split was after the short Raid that diminished FCEL's Value and If that R/S which was not necessary when FCEL was at $15 would have happened before that short Raid when FCEL was over $15. FCEL would have been over $180 a share. FCEL Also hit $10 in Feb. Reaching $5 Now should quite easy. It would be like FCEL only being .42 cents last year when it went over $15. Now that FCEL has got it's ducks in a row with nearly a 2 billion dollar Back Log along with $100 to $300 million.
To back it.
I believe FCEL is like Money in the Bank. Along With Jigar Shah Now Putting Money Behind Fuel Cell:
Most recently, the company signed a contract to provide financing for FuelCell Energy. The contract will finance the construction, installation and commissioning of the company’s ongoing and backlog of projects. Under the agreement, Generate Capital will provide between $100 million and $300 million, if certain performance criteria are met, according to a FuelCell press release:
https://microgridknowledge.com/jigar-shah-fuel-cells-financing/
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