FuelCell Energy Inc (FCEL)

[hopester]

Intraday the stock appears to looking to break support and fall lower. Monday has come and gone and Tuesday is about be history. Remember September! It too has not fulfilled exaggerated claims as it follows the path of May-June--July and August. I'm expecting Bulls will now claim Oct-Nov and by Year end they'll see sensational game changing news.
All of that is at odds with even what FEW said at the CC. What Few He spoke about the progress the company is making. He emphasized the development of their fcel products their undertaking. He mentioned all the new hiresneeded to continue the progress and development.
BUT HE NEVER MENTIONED ANY NEAR TERM EXPECTAIONS FROM So. Korea, Groton, Exxon.
Given the history of failed assertions from outside sources, I'd put my trust in what the company says and doesn't say , what the analysts have said and what investors have recognized of what is accurate.
Witness the huge increase in sales reported for the quarter. Then put that up against losses which doubled for the same quarter the previous year and nearly doubled from the prior quarter, Once again, Sales is not the sole metric to gauge expectations of near term profit .In the final analysis, the results and the record reflects the research that determined them.
Its good investment policy to use history as a guide. The chart I posted is telling.