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bagwa-john

05/17/24 12:53 PM

#59855 RE: King James 1 #59854

I loosened my grip on 500 shares of Ballard last week, but couldn't start buying until this week, but collected over 1700 new shares here, to add to my total. Crazy rule that the money from the sale has to clear first. Always handy to already have some ready cash in the account waiting, which I didn't have.
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igotthemojo

05/17/24 1:31 PM

#59856 RE: King James 1 #59854

"And judging by the 21% short value it seems many are not appreciating that share price in the secondary market is not always an indicator of the underlying performance of the company."

been hearing that since 20 bucks a share...after so many years and a pps now of 82 cents, maybe its time to realize that the underlying performance of the stock sucks...THATS why the pps is 82 cents!...

maybe things could get better...maybe Few will suddenly become competent...but until there is evidence suggesting that there is a reversal occurring, there is no reason to go long on this company....it is to be traded only...

"Work in progress, cash on hand, patent value, plant, equipment etc do not change value with the stock price."

if you dont make enough money to cover your expenses, that means you are losing money...fcel has been losing money for a very long time...if you have had enough time and cant get your company to profitability, thats a huge red flag...

"Work in progress"

apparently there isnt enough work in progress...

"cash on hand"

borrowed money or money created from dilution is not impressive...cash on hand from profits is what investors want to see...money as a result of beg, borrowing or stealing from investors is not....

"patent value"

fcel shares all patents with Exxon...thus, they are not worth as much as you think...

"plant, equipment"

plant, equipment, coffee pots and the ceo's shoes are good when liquidating...otherwise, they are just what you need to stay in business...

"I am not saying stock price is something you don't have to reckon with but with regard to FCEL it is presently out of perspective."

the stock price is what it is...82 cents for a share of fcel is what the price is...saying it isnt fair or it should be higher is meaningless...

"A scare tactic."

admitting you are frightened at the sight of the pps is healthy...because you should be...

" look at the progress made in the last 3-4 yrs."

that "progress" has taken the pps from the $20's to 82 cents...is that supposed to impress?...

"One domino is all it takes!"

and when you make a house of cards, all it takes is one card to bring it all down...
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hopester

05/17/24 2:23 PM

#59859 RE: King James 1 #59854

You call it a "recent attack on shares". Now King Shames have you not been paying attention. This selling has been going on for 3 years; nothing new.
And there's been no "attack".Its all been an adjustment towhat the market sees the value of the companY is.
Besides right now the value is below zero; thus its currently OVERVALUED.
C'mon; Open your eyes.