Good advice about patience. And waiting for the bottom. I am not always very patient and I am not good looking at charts. I understand what you are saying.
To me, without some formula to predict a bottom, unless the bottom is in sight, ie, zero, I think that the odds of the bottom being near (or bankruptcy) have to be pretty high as the price nears zero. In the case of FCEL, I don't see any signs of bankruptcy so being near the bottom makes more sense. Therefore I buy. I admit there is no sophistication here.
With regard to doubling, I am doing the easy math by accepting $1.57 as "analysts" predict as a near future price and seeing 0.74 doubled meets that prediction more or less.
I appreciate the advice.
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