Replies to post #11201 on FuelCell Energy Inc (FCEL)

[XenaLives]

The problem is the question of "survive" may be about the planet and mankind as a whole, not just a company.

"survive" does not matter, not even a little bit.

[OrizG]

There no doubt that a change is in the making set by the hiring of Huron Consulting and the sudden dismissal of Arthur Bottone.

It is clear that there is a strong intention to turn things around and things are in motion already starting with the Exxon deal.

I don't believe there is a conspiracy against the shareholders and there is no plan to get the most out of the company to favor a few people. There may have been intentional dilution in the past aimed to buy time and get some easy money.

But at this point would have been easier to declare bankruptcy, sell whatever was valuable and stop the game. But it hasn't happened.

Going ahead and hire Huron Consulting, fire Bottone and make the Exxon deal is a clear indication that FUELCELL want to stay in business and it is clear that a plan that can guarantee a future has been designed.

In less than 2 weeks FCEL will receive the 10 million from the Exxon deal and by the time we get there other things can happen.

We will be watching closely.

[goodfela58]

I will say this. The price action the last couple of days was very odd. With every bid the ask was right above it and it was stacked by different market makers. It was an obvious coordinated effort to keep the price down. The big question is why?

I guess the most logical choice would be a short attack but whoever was behind it had a lot had a lot of shares and stands to profit nicely from their efforts.

If it wasn’t a short attack then there are a couple of other scenarios. Dilution would be one but if it was dilution you tend to see more and bigger chunks of sales in to the bid. You don’t typically see the asks stacked like they were right above the bid.

Another possibility is that someone wanted to load shares cheap. If this was the case, that might explain the level 2 action but regardless it seemed like manipulation.