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Re: Hoghead7 post# 59852

Friday, 05/17/2024 12:34:00 PM

Friday, May 17, 2024 12:34:00 PM

Post# of 60361
I look at the recent attack on share price as part of a strategy to suppress the stock generally. Maybe it allows time for more institutional buyers or more longs to jump in.

And judging by the 21% short value it seems many are not appreciating that share price in the secondary market is not always an indicator of the underlying performance of the company. In other words generation revenue doesn't rise or fall with the daily or monthly stock price. Work in progress, cash on hand, patent value, plant, equipment etc do not change value with the stock price. I am not saying stock price is something you don't have to reckon with but with regard to FCEL it is presently out of perspective. A scare tactic.
I may be wrong but this "dead horse" has been beat up by critics so many times there is a certain amount of complacency with regard to changing the narrative. Like you said, look at the progress made in the last 3-4 yrs. Your summaries are a testimony to that. One domino is all it takes!
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