InvestorsHub Logo
Followers 29
Posts 1229
Boards Moderated 1
Alias Born 07/16/2020

Re: hopester post# 30207

Saturday, 12/05/2020 5:33:24 PM

Saturday, December 05, 2020 5:33:24 PM

Post# of 60370
The correction happened in a perverted way.

Perverted yes but ultimately beneficial way. JPM set the price and FuelCell agreed. FuelCell's business plan is not interested in the short term. Every athlete knows the cliché "no pain no gain."

The trade off for FuelCell was to eliminate its DEBT. JMP agreed to do it for a price and that price was $6.50.

Many longs will agree. Buying at $10 and getting fleeced back to 6.50 is a blow to some peoples confidence, especially short term day traders who went long. Couple that with 10% dilution and its looks, on the surface, to be bad.

Again that is for short term day traders who went long. That is not the case for investors who accept daily price fluctuations as an average pps in a yearly or decade long position.

Buy and hold investors are not so keen to jump in and out of positions based upon short term hype or gloom.

From what I have been reading, most longs have been holding since $2.00 or cheaper. They have not incurred a singe penny loss on their position. The smart ones have been buying dips and profiting here and there.

Traders, however, are all about short term. They have a constant need to try to create what if scenarios and cannot or do not want to accept the BIG picture.

The big picture is that most nations seek a carbon neutral economy. An economy that is sustainable and made sustainable by healthy people who enjoy fresh clean air and water.

Welcome back to the Paris Agreement. https://unfccc.int/process-and-meetings/the-paris-agreement/the-paris-agreement
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent FCEL News