InvestorsHub Logo
Followers 0
Posts 471
Boards Moderated 0
Alias Born 04/23/2023

Re: None

Tuesday, 05/07/2024 9:27:24 PM

Tuesday, May 07, 2024 9:27:24 PM

Post# of 60433
The DOW the NASDAQ and S&P, etc, the "market", a non human entity, is high on the prospect of easing monetary policy. Being forward looking, the "market" is factoring in easing interest rates that benefit big stocks. Hence bigger stocks benefitting in the past few days.
FCEL at the moment is a market contrarian stock. When the market gets excited, bigger stocks get more attention and small caps are set aside. When the "Market" pulls back, money is re-directed into safer small cap stocks. This drives up the price of the small cap. It is a cycle.

Shorts know this cycle and can capitalize on the swings.

More important. Where is the catastrophic news about FCEL that is driving the stock price down?
THERE IS NONE
Bashers will say the fundamentals have changed.
BULL
If you do the math FCEL would have to lose $67,650,000 in cash or factories ( real value)in 5 days (based on 0.15 cents loss/share since May 1st) Neither of which happened. No Fundamental change, no catastrophic news, no theft of over $67 million dollars of cash or buildings. Manipulation pure and simple.

The date of Blackrock reducing its number of shares is a normal readjustment that benefits companies if performed before the new year. Hence the date of change 12/31/23.

Massive shorting pure and simple.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent FCEL News