Wednesday, December 13, 2023 1:01:34 PM
February: I can only begin to imagine the amount of comments from the Bears suggesting this is overbought, it's a bear market bounce, more share dilution incoming, no new contracts, still not profitable and never will be, and some of my favorites, going back to $2, reverse splits coming, and bankruptcy eminent. As stated repeatedly, stable market, stock will rise. As stated earlier, if we are over $3.70 at 2.30 we should close over $4 this week. When you give very specific predictions it's easy to be wrong, but I consistently express my honest opinion. In a "stable market" (no significant sell off of let's say over 1% in a day or 2% in a week) FCEL SP continue higher! I see no resistance to $5 after closing over $4. Stable market through February, we could test 52 week high, if any good company specific news.
As I believe the consensus mainly was, .25%. market seems to be perfectly comfortable with that, and language seems to indicate intent to pause through the next meeting. Some sense of ah from investors. Thinking unless something changes or there's bad news we should run to $2.50 If not this week next week. Again with momentum or any good news we should hit $3 by next week.
July: Chart looks very interesting, and my most recent prediction was not accurate based on time frame because if it was we only popped to $2.50 instead of $2.80. But that was a pop from $2.03. so we had support at a $1.84, Then jumped to $2.45. Then we had supported $2 and jumped to $2.80. Then the support level was $2.04 and jumped back to $2.51. That range doesn't hold much longer, so we go below $2 or over $2.80 very soon. So put your money where your mouth is I have. I'm expecting at least 5 developments by year end starting this month. Toyota COD starts the ball rolling. PORTHOS official announcement or new or extended JDA with Exxon should follow within weeks, Early September at the latest. Derby 14.8MW COD, Groton increase to full 7.4MW & at least one new sale or contract all by December. 1 +development per month would be very good. Anything beyond th
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