cabel- That's a great article hitting the nail right on the head.
3 things to take away from it as respects FCEL:
1) Plug, Bloom. and BLDP are mentioned as long term investments. FCEL isn't even mentioned.
2)And I quote " but on thursday these stocks took a beating precisely at the time of the Texas deep freeze when investors should have seen the potential "reality creep through their crazy valuations"
3) " The deep freeze should have been a wake up call... but withOVERVALUED STOCKS SUCH AS THE HYDROGEN CREWwhen share prices soar too high too fast investors balk at the upside potential and start to pull back".
As the writer says, it does not mean investors should change their outlook on the potential for these stock. I agree.But not near term!!
So as I've been saying all along, the hydrogen group is a good Long term investment but, the px of these stocks and FCEL in particular, is overpriced near term , is coming down and will drop further to a realistic level.
It's folly to think otherwise now given the markets reaction
to FCEL and the others.