FuelCell Energy Inc (FCEL)

[JohnnyHydrogen]

I believe that nothing will be truly known until October or November.

No matter what is done this week, it will not necessarily become law. The reason is that whatever the Senate does, it then will need to go to Congress. I am not any expert on the process but I believe that Congress then can make changes, sometimes significantly to the bill. In this case it is even more of an issue because Nancy says that she will not even allow a vote (and maybe changes?) to the bill until the larger ($3.5 trillion or whatever) is passed by the senate, which is presumably around October I guess.

It is even possible that the larger bill expands to larger than $3.5 trillion and then the Dems put everything they want into that, so that passes -- but then this current bill does not necessarily pass for whatever reason, for example AOC says that CCS is evil and only Chinese solar panels are acceptable. That is not such a far-fetched notion as it may sound. It is quite possible.

But I think that because of Manchin and other middle-of-the-roaders, it's likely that there will be agreements all around. I expect the $3.5T to balloon over $5T (hey, why not?) and that Manchin will get everything he wants. A lot of Dems want to cash in on Hydrogen/CCS but they are afraid to say it, as it is being demonized by the 'environmentalists'.

Well, those are my thoughts. Ordinarily I try not to pay too much attention to the Swamp - but this bill(s) is going to be totally critical for FCEL, imho. It will be all about Hydrogen/CCS, 45Q tax breaks and also legislation involving permitting and pipelines (btw Keystone may eventually be a Hydrogen pipeline ...). Also, I believe that whatever way the wind is blowing in Washington will be representative of the direction it will be blowing in Glasgow, and therefore around the world. All just IMHO - and I would be curious to know where my thinking may be wrong. Either way, I am a long term holder. I'm glad I'm not smart enough to know how the options markets work because I would have lost my a$$ on any bullish bets. But for long term... I think it's all good. But these bills, or bill, is going to be huge. I think that until October or maybe November, it's all just talk, and they have been known to lie before ..... Peace.