FuelCell Energy Inc (FCEL)

[hopester]

NO BS IN THE EARNINGS REPORT OR THE CC

The CC sounded like an apology for the terrible results which they cannot hide. The market reaction had no part of that and reacted accordingly.
All comps were down; some down big.
The rest is " the hard work" they are doing, the contracts they (HOPE to complete and get paid for ), the futuristic and optimistic forward looking statementsand no assurances any of it will pay off near term.

I absolutely knew the report would be bad and said so; but didn't think it would be as bad as reported.

Nothing but minor support at $10 ish. Better hope it holds. Now, with this report and nothing to show improvement but "belief" from mgmt that it may, I doubt, the institutions so heavily depended upon will stay put. If individual investors were thinking of adding, the report should give them some pause to do so.
FCEL BOMBED! Indicators weakening. 50day MA now being challenged and could fall below.
INVESTORS SHOULD BRACE FOR A ROCKY RIDE !!!