Interesting... is it new this evening? 1m $FCEL “The Long Beach Board of Harbor Commissioners approved a proposal by Toyota Logistics Services to redevelop its 130-acre facility at Pier B and build a renewable energy fuel-cell power plant and hydrogen fueling station.”
Yep. Port approved it. Court approved it. SCE already approved biogas as biomat at Tulare in Dec. no more holdup. Next big catalyst to take us over $10. Tic. Tic. Tic.
What do you think here? Does FCEL hold up if the market drops another 5-10%? I waited until the low $2s but threw on some March $2 call writing to cover them and protect $0.40 down. I guess as long as $1.50 holds then it will be manageable as I can double down there and possibly write again if necessary.
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