InvestorsHub Logo

AgeOfReason

10/14/20 6:45 PM

#27924 RE: krays #27923

Since the stock is more suitable for swing trading than long-term investing, the stock responds more favorably to favorable technicals than to fundamentals - the fundamentals have been keeping the stock trapped in the $1.50 to $3.50 price range. The only thing (or nearly the only thing) good about the fundamentals is that revenues have been rising. Gross margins over the past 4 quarters have not shown improvement, nor income (loss) from operations, nor net income (losses), nor EBITDA, nor Adjusted EBITDA. Share dilution events continue to happen frequently. There are no orders from new customers (and even in the past many years the company still managed to get orders from old customers and to complete projects, thus the new orders the company are getting is not an improvement over past years, at least as far as I can tell), in past 12 months no orders have been received from Europe or Asia (despite the company engaging in marketing to those areas, whether the marketing is done directly or with a business partner), etc.

The fundamentals are largely bad, at least as far as I am concerned. We've been told that once the Generation portfolio reaches the 50 MW installed capacity level (or maybe if the quarterly revenues reaches $50 million) that then the company will be profitable by some measure (such as by EBITDA or Adjusted EBITDA), but I am not very confident such profitability will occur at that level.

AgeOfReason

10/14/20 10:03 PM

#27933 RE: krays #27923

If regarding FCEL both "good things are in the works" and "a reverse split in 2021", then it is much better to do swing trades on FCEL than to buy and hold continuously for several months.

lightrock

10/14/20 10:53 PM

#27936 RE: krays #27923

In my defense, after more than a decade, I get bored waiting for the "fundamentals"

Might as well see if charting works

:)