Another research house Canccord Geuity, following FCEL lowered its px/tgt from $3.00 to $2.00 .That's a 33 1/3 % cut based on the weak report , the lack of positive fundamentals, and the 500 mil dilution that may come.
That 3 reductions in 2 days.
You bet you should have sold it all. You're buying as it continued to drop was an even bigger mistake.
An admitted lighweight asked why you sold some at $25. Such a question tells me the depth of understanding some of these Longs have.
You appear to base your optomism on what you believe is the future. Was that the same optomism you had when you bought it continuous ly as it dropped ? No professional shares that optomism as all of them see losses through 2029. Optomism is a good thing but it has to be supported with clear visibility of facts. Your's is not..
You apparently haven't read the report fully including the financials. Moreover, if you understood Techncal Analysis and charting you wouldn't have to since the technicals tell the story..
So step up; keep buying. FCEL has to find Buyers for their 500,000,000. Don't count on the institutions to cover it. They're choking on it now.
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