Hoghead7
3 days ago
Obviously not very happy we were down 13% yesterday, but surprised we are down over 7% this morning. However, the NASDAQ is down 2.3% which is a massive decline, even more significant than FCEL decline. This 20+% drop in 2 days has very little, if anything to do with FCEL. We are trading average volume on no bad news or concerns about the company. And even if they announced a new project today, unless it was very high profile or $100+M, it would make very little difference. The company still has $300+M cash with $1.2B backlog and revenue for next 5 quarters to minimize losses. Interpretation, little to no ATM needed unless there is a growth opportunity they choose to capitalize on.
hopester
3 days ago
As you now see, HOGWASH blocks anyone who has a different view. By doing so he sees only what supports his one sided views. That has led him to be so wrong for so long. Further, he then must block trusted research done by professions as well.
If one is to truly see the full picture, any astute investor takes all opinions, Analysts research, Technical Analysis, and other views into consideration.
One sidedness only leads to errors in judgment and poor choices.
I'm neither a BEAR nor a Bull/ I let the facts, the research and the market be my guide. I'll listen to all views . And then let the market decide.
My presence here is to level the playing field and expose the false opinions while offering the other. In doing so I'll dismantle the blowhards who mislead others by their promotional non-sense.
OPKOHEALTH2022
3 days ago
https://www.cleanepic.io/blog/45v-blueh2
“45Q – the carbon capture credit that has been in place since 2008 and updated with IRA – allows for $85/ton CO2 capture, would be worth $600M, and is far easier to get”
What’s the big picture?
Allowing reformation to get $3/kg H2 will be egregiously expensive. It’s probably not going to happen. Getting $1/kg will require upstream emissions to be abated while being regularly observed and validated by third parties and that all the auxiliary power requirements of production are met with three-pillars compliant power – this won’t be easy and anyone that thinks it will be is going to be in for a world of shock when they realize what upstream verification and validation entails. Getting $0.60/kg is within reach, but will require all that upstream verification still.
45Q is very easy to get, comparatively. The smart move is for large-scale reformation to go that way.
On a funny note, this makes Exxon’s threatening to scrap Baytown Blue over not getting a $2.5B government-sponsored profit really special. Note that this would be profit before charging anyone for their H2. I’m only picking on Exxon here because they were public about this, and threatened to throw their toys out of the toybox in a tantrum if they didn’t get it, but everyone pushing for $3/kg for reformation H2 is in the same boat – they are trying to get an immense profit at taxpayer expense that is well beyond the intended coverage of the costs of carbon capture.
hopester
4 days ago
Don't believe this energy Czar Bergman will have an impact. Trump is still "Drill Baby Drill" and while Bergman will talk the talk, he's gotta walk the walk. Carbon neutral is a fine idea but 1930 is 5 years away and we depend on oil. Without it, we're sunk.
As respects 45V and how it will turn FCEL around, its a wishful dream , yet to show any evidence that it will. Bloom, and even Plug is way ahead of FCEL in their marketing and their global reach. If 45V is to spur demand, it'll most likely be toward those two.
igotthemojo
5 days ago
" the expected pullback can only be viewed as a time to accumulate shares."
i expected a pull back at $15 not $13...im going by closing prices...this stock ran from $9 to $13...its nice, but its really not that big of a deal....especially considering that the long awaited 45v that was supposed to catapult the pps came out and......thats all we got?...
there was still plenty of room for the pps to run...but it fizzled...i do not see this as a time to accumulate....its still a trading stock and too risky to hold....the rise has not been a steady confident rise with investors piling in on inceasing volume...the volume is just ok but theres a whole lot of selling going on daily in between some buying...the action is very choppy...big up and downs throughout the day....its been great for trading but it doesnt shout accumulate to me...its yelling buy then sell...
"but this pullback should be considered normal after the good run."
disagree...the run was ok but if there was any real strength, the run should have continued on a little longer...it didnt need a breather....it just petered out...
the only thing left for hydrogen stocks to bank on is Trump and what he will do...if he gives the thumbs up, hydrogen stocks will rock...if he gives the thumbs down, they will drop like a rock...and since its Trump, theres no way of knowing which way he'll go until he says what hes going to do...but the indications i see is that he wont do hydrogen any favors....thus i trade and hold zero shares...
Hoghead7
5 days ago
Common practices of locking in profit, up from $8.77 in 1 week lots of traders and some investors likely just locking in profit after 10, 20, 30% profits over the past week. After all, 30% in 1 week is typically very significant. However, a stock like this can easily do better in any given week as proven by the recent gain of over 30% and the 1,400% run from $2-$29 in 3 months from Nov 20 into February 21. Just closed over 200 day MA yesterday and still well above the 100. Market Cap even at $12 is just over $240M with $300+M cash and $1.2B backlog. Beat 7/8 quarters on top of bottom line or both, and Q1+Q2 (March & June) will come close to EBIDTA break even. This is knee jerk reaction and great but opportunity "IN MY OPINION"! Do your own diligence, Don't I vest based on someone you don't knows opinion!