FuelCell Energy Inc (FCEL)

[hopester]

Don't underestimate the economic impact this hurricaine will have on the market. It only adds to the pressure on stocks already being felt.
Off-shore rigs, shipment delays, store closures and project completions are just a few.
FCEL is no exception to the down draft in stocks.
It's in anemic support zone now that most likely will not hold.
Where is the Buying interest going to come from when quality names are getting battered? If investors do get long it'll be in the quality not in the speculative stocks.
Redemptions are coming in forcing institutions who hold speculative stocks to sell. FCEL itself is adding to the burden in its inexorable effort to sell shares into a weak market to raise needed cash.
Just based upon fundamental alone, a breakdown ro $3.00 and below is likely IMO. Technicals confirm it.
Bulls with blinders on will probably try to catch a low px thinking its the bottom. How many times has that failed to deliver as low after low followed.
Watch and see.
The BILL gives no clues or $ am't going to Hydrgen. Bulls have said 70% as the implied $ amount is earmarked for hydrogen. But the Bill says nothing of the sort. The fiction is created and an illusion.
FCEL will receive a trickle at some time in the distant future. Why this is even a subject of debate is ridiculous.
Reality check needed!