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Monday, September 19, 2022 4:25:51 PM
there is no one thats wants to buy...and those who wanted to sell, have already sold...thats why the pps is so low...pretty much just shareholders who are far away from breakeven still holding on...they dont want to sell for huge losses...
thus the pps languishes and the volume is low...
it will take new investors to drive the pps higher...and that will take news...big news...not some beat up groton facility that is years late limping into service all duct taped up...
a big Exxon contract would do it...but why would Exxon pay fcel any more money?...why buy the cow when you already get the milk for free?...
large new contracts would do it...but fcel doesnt have any...and i dont see any on the horizon...
they might get some mom and pop stuff...nothing wrong with that...business is business...but it aint gonna take the pps anywhere it hasnt already been...and without any follow up...it will go right back to here...
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