FuelCell Energy Inc (FCEL)

[Hoghead7]

Accurate financial update:
Net loss Q3 was $15.3 mil which included a 1 time $2.8 mil expense & under absorption due to low run rate. That will change.
Unrestricted cash! $66.3 Mil including 16.2 from Orion $80 million. Deduct that we are at $50.1 Mil. However, we picked up $8.9 Mil selling more ATM shares in August. Total shares currently about 247 Mil for Market cap of about $647 Mil.
These writers do no diligence. Lol. Let's assume we average bet loss of $13 million Q4 (I'm 100% confident we do better). That leaves us with $62.2 Million unrestricted cash as of 10/31, 2020. SB + Groton will be producing Gen before end of Q4, and SB by EOY, adding about $2.4 million rev per Q. Derby will be COD before end of Q3 21. That adds over $3.5 million per Q. BEST of all SP took a hit after ER/CC largely related to Q3 comp from 2019. Q4 19 was horrible. We crush Q4, however, that's not until January.