Key time frames: Q3 ends 7/31, Q3 earnings & Call Week of September 9, Select day, November 5. 45V rules will certainly be finalized before the election. Even the previously defined rules were beneficial, but obviously we want a better outcome. But, finalizing rules, gives companies the ability to make decisions based on finality based on their own needs and budget. Biden admin want to get as much $ flowing as possible before the election, so what they can do will be done, not just 45V. Good news, we don't rely on 1 product, 1 company or 1 region. We are global with a diverse advanced technology portfolio working with the likes of Toyota, Drax & TERC, E-on, Exxonmobil, MHB, IBM, Chart Ind, TuNur, KEPCO, CRIN, Navajo Nation and Big Navajo Energy, US DOE, US DOD, California, and several municipalities, Connecticut and several municipalities, colleges institutions hospitals, wastewater treatment plants food and beverage companies, and the list goes on. This is a completely different company than it was just for short years ago when COVID kicked in. While some companies lost business slowed down lost money and even went under, FCE almost flourished. With $300M in cash, We can easily get into fiscal year 25 without having the least worry regarding cash. As those who have been paying close attention have seen, there are managing their CAPEX their cash and their budget on a regular basis to stay ahead of the game. The only thing that could cause a problem is the share price staying below $1 beyond the election, or losing business we've already secured. Either way, bankruptcy is a word thrown around by bears and shorts freely trying to create concern and fear, Just like reverse splits. Although I thought for sure share price would be above $1 after the June conference call (which it rationally should be) No need to worry until after the September call. Buy the fear is a very common intellectual thought process. I bought it 26 cents when there was actually a realistic possibility there could be a bankruptcy. They had minimal cash obviously selling shares wasn't going to help at 26 cents, They had a leader that was doing nothing to be proactive or save money or build the business. Few took over and addressed all of that and then some. Only 1 reason for the SP to decline after earnings! Only one reason for the share price to decline given all of the positive developments since December. Short commitment to destroy the Share price. They need a good old Kitty attack. I am not the type to wish ill on anyone, But I would roll around laughing out loud if the shorts got completely devastated and wiped out by a run like we had from December 2020 to February 2021. As fun as it was for us, I'm sure it was more painful for them. As Kramer said last night, shorting some companies make sense but shorting other companies that are actually doing well or have good fundamentals is nonsense. But if they are committed to it they can make it happen anyway and that's exactly what's happening. Any number of events can change that. Obviously good earnings didn't do it. Anyone have Warren Buffett's phone #. After an 8-hour conference with him I'm certain he would put $1B in!!!!
Bullish
AI
