FuelCell Energy Inc (FCEL)

[Hoghead7]

Chart and volume suggest support over $.80 being seen as value. Hit $1.80 momentarily, buying ensued, after a spurt up swingers and traders took their 3-5% profits and it touched $.81 briefly with more buying. We'll surpass yesterday's 26M based on that value buying. Cash value of the company without IP is far greater than $500M, so even if they sold 50M shares, it's still undervalued at $1. They still have over $300M cash. Add assets and backlog and tell me what you come up with. $1+B in backlog not counting new backlog added since Q1. Try telling anyone the IP with hundreds of patents isn't worth at least another $500M without sounding illiterate. Now double those numbers to give minimal/trivial future potential. If there's not a $2B Market Cap it's ridiculously under priced. And we haven't seen any $ from the 2020+2022 policies established specifically for our technologies! Anyone in disagreement hasn't done diligence and believes the progress being made with Carbon Capture and with hydrogen production are going to completely reverse this year. No matter who is president, they aren't removing all incentives for our tech, and the world definitely isn't changing course in the next 6 months. I listened to a very interesting audio about PORTHOS this morning.