FuelCell Energy Inc (FCEL) Quote

"Companies that employ a tactic to avoid delisting by destroying value SHOULD BE a crime (which were my exact words)"

no...those were not your exact words...these were your exact words:

"A company that defrauds investors like that should be sued and delisted."

you accused the company of commiting fraud and then suggested they be sued and delisted...

"In my opinion, if a public company doesn't do well and the PPS goes down the stipulated threshold it must be delisted and operate as a private company."

disagree...currently if a company doesnt do well and the pps goes down, they can r/s to remain on nasdaq or the NYSE...investors can sell, hold or buy more...i see no reason to take those options away from them...if the company is delisted, they drop down to the OTC...investors can sell, hold or buy more...whatever they choose...i see no reason to take that choice away from investors...

many traders, myself included, can profit greatly from short term volatility...and hell, shorters can make a lot of money doing their thing as well...

its a free country and a free market...and it should remain that way...companies should be allowed to flourish or fail...not be euthanized...especially not prematurely...

As I previously said, the SEC ensures that investors can operate in a fair and regulated territory.
We have seen throughout decades of trading tricks played by companies to take advantage of the market at the expenses of retail investors.
The SEC has been somehow active by regulating excesses and putting boundaries rendering these efforts a never-ending task.
FCEL executives' negligence is not a crime, only a reason that get you fired.
Companies that employ a tactic to avoid delisting by destroying value SHOULD BE a crime (which were my exact words)
That's the reason behind the approval of Nasdaq Rule 5810©(3)(A) which is a small step in that direction but still not enough.
We all remember the days when lots of rules didn't exist, and the stock market was literally the Wild Wild West.
Well, I think we're still in some of that environment.
In my opinion, if a public company doesn't do well and the PPS goes down the stipulated threshold it must be delisted and operate as a private company. End of the story. That way a company knows that it must do a better job to stay in the market.

Going back to my original post: Sorry investors, this company will never see those $800 days again.

https://www.google.com/url?rct=j&sa=t&url=https://www.energy.gov/eere/job-creation-and-economic-growth&ct=ga&cd=CAEYCSoTOTE3NDkxMTQ2MDQxMDQwMTEwMDIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw2fC1JCjxW4RSX21b6SqUTz

“ Casinos are zero-sum games and the stock market is not.”

Casinos are zero sum if you approach them as a means of making money…as professional gamblers do…but if you look at them as a fun night out, entertainment, good food, good drinks, shows, etc, and exercise restraint, they can be a reasonably priced good time…

Probably a far cheaper thrill than an amusement park…

“ Lotteries are essentially contracts which you want be aware of because what they say you won it's not really what you're going to get.”

Lotteries are nothing like contracts…they are lotteries and everyone knows what they are…

“ So, those are NOT investments.”

Of course not…but they are examples of how governments don’t really care how much people bet or lose…much like the stock market…

“ According to your logic all those who put money in Madoff funds are not entitled to any restitution because they knew there was a risk involved?”

I’m not sure how you have decided to conjure up such an opinion and attach it to me when I never suggested any such thing…

In fact I specifically stated that the SEC was there to regulate businesses and the stock market to prevent criminal activity…OF COURSE if there is criminal activity such as Madoff was involved in then the SEC should endeavor to resolve it…

This whole thread started because of a comment you made about fcel :

“ A company that defrauds investors like that should be sued and delisted.”

I have seen ineptness and incompetence and just generally bad management…but those are not crimes or fraud…the pps falling due to bad management is also not a crime…

I’m interested in what you think rises to the level of fraud or criminal activity where fcel is concerned…

Casinos are zero-sum games and the stock market is not. Also, zero-sum games are not scams as long as they provide a percentage of winning within the regulations provided by the territory where they operate.
Lotteries are essentially contracts which you want be aware of because what they say you won it's not really what you're going to get.
So, those are NOT investments.
According to your logic all those who put money in Madoff funds are not entitled to any restitution because they knew there was a risk involved?
And Madoff was not guilty because investments are like casinos where you can lose it all?
And we blame investors for their "poor judgment"? Just like gamblers?
The SEC was not designed to protect you for your personal choices. It's there to guarantee that we can all operate in the fairest environment possible that it's regulated and protected where investors receive the information that they need.
The SEC is not efficient as we expect? No doubt about it. They're always behind and when they act is always too little too late.

there are millions of people that spend good money (and sometimes a lot of money) to buy lottery tickets that give them a one in 300 mil chance of winning....no one is trying to stop that...hell, counties and states BENEFIT from them...

there is an Indian casino within a few miles of just about everyone in this country...and if there isnt one near you, there soon will be...they give out cheap or free drinks encouraging gamblers to make bad decisions...they welcome all the gambling addicts and do their best to take every last penny they have...no one seems to be able to do anything about it...and im not sure anyone even wants too..

so if people want to make bad investment decisions, why would we expect some fed agency to jump in and stop them?...they have a right to do as they please when it comes to their money...no one is forcing them to make investments...there is no agency that is interested in regulating or controlling the investments people choose to make...the sec is there to regulate the businesses and brokerages etc...and no, they dont take action against companies that make stupid decisions....they take action when crimes are committed or rules are broken...not when mistakes are made...even if they are dumb mistakes...

The SEC has fully authority to intervene to address the issue of excessive reverse stock splits.
As matter of fact, on October 7, 2024, the SEC approved a rule change [Nasdaq Rule 5810©(3)(A)] which affects companies utilizing reverse stock splits to regain compliance with Nasdaq’s minimum bid price requirements.

On the other hand, I agree that smart investors should give up on companies like that.
It's totally understandable that such mechanism has been used multiple times to avoid delisting and in some cases save companies.
But in the case of FCEL I see intention of staying afloat, destroy value and never really address the company's weaknesses.

“ A company that defrauds investors like that should be sued and delisted.”

Theres no fraud here…just ineptness and stupidity…those things are not against the law…and the SEC was not made to protect shareholders from themselves…they can make as many mistakes investing as they wish…or until their money runs out..

Agree. That's totally unacceptable. A company that defrauds investors like that should be sued and delisted.
It's nice to see the results of the SEC hard work financed by taxpayers money. They didn't see Madoff coming and they didn't listen to people reporting him. They could care less about FCEL and its investors.
I wonder who still has shares of FCEL after over 20 years. Anybody here?

“After multiple embarrassing splits, a price retracement leads to an all time of $833 per shares in February 2021.”

You didn’t go back far enough…in 2001 the pps was almost $20k per share…

https://fuelcellsworks.com/2025/01/17/energy-development/green-hydrogen-poised-for-unprecedented-growth-in-2025

Notice the Toyota Tri-Gen
https://www.linkedin.com/posts/nedo_nedo-hydrogen-hydrogennow-activity-7285571759695654912-KVBu?utm_source=share&utm_medium=member_android

This company will never see $800+ again

I had some fun reading comments for this "stock" here and there.
Funny how some people talk about this stock like it's NVDA or some AI promising company.
Even a newbie investor/trader would understand that this stock is nothing but trash.

After multiple embarrassing splits, a price retracement leads to an all time of $833 per shares in February 2021.
Since then, the value for shareholder has been totally DESTROYED and the company is currently shorted by 26%.

How can you think this company could go back to even $100? That would be over 10x from today.
Even the bubble growth happened in 2020 was totally unjustified. There were no fundamentals, no strength, no solid research.
Its growth was based on low rates, speculation and market euphoria.
Sorry investors, this company will never see those $800 days again.

Still perplexed!
FCEL down just over 2% when including after hours
On low volume (under 1M shares).
PLUG down 11% on heavy volume, even after getting low interest loan from DOE!
BE up slightly on above average volume
BLDP down 3% then up fractionally after hours on pretty big news about a good deal.
Plug investors must be confused. I am.

Pre R/S FCEL is at $.317/sh. Does that look like a company with anything but promise.
It's near an all time low.

Bloom up. FCEL down. And to think its a group thing says Hogwash. Well explain that!

Fact is Bloom has analysts endorsement and ratings. FCEL has nothing of the sort from trusted professionals.

Perplexed is a good word. Plug down over 7% after receiving a $1.66B low interest loan from the US DOE to build out up to 6 projects. Bloom up 3+% looks like based on analysts upgrade ironically from $11 to $22 even though it's over $22! Gotta love those analysts. Fuelcell and BLDP down fractionally to 1.5%

Lol…it’s Exxon dude…don’t overthink it…

They ay have licensed the CCS technology but have they licensed the core MCFC technology enabling them to build in non existing factories?

Did they buy the manufacturer of the horizontal drill bit?

“Yes they have access or co-own a lot of patents but doesn't mean they can:
a) manufacture a MCFC unit or the CCS equipment they have co-invented
b) Service said units “

I believe Exxon licensed the tech, so yea, they can…

FCE is not moving much after the PLUG news of 1.6b government loan . That says a lot about this sector has died out for now. I see some side ways trading until the ATM starts all over again as this is the way FCE generates income . Wait for $4-6 is coming. IMO

Plug Closes Loan Guarantee from the U.S. Department of Energy
January 16, 2025
https://www.ir.plugpower.com/press-releases/news-details/2025/Plug-Closes-Loan-Guarantee-from-the-U.S.-Department-of-Energy/default.aspx

Loan guarantee supports Plug’s domestic hydrogen production plant buildout

Plug’s Graham, Texas, plant first beneficiary of loan guarantee

SLINGERLANDS, N.Y., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, closed a $1.66 billion loan guarantee from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO).

“Finalizing this loan guarantee with the Department of Energy represents a significant step in the expansion of our domestic manufacturing and hydrogen production capabilities, which create many high-quality jobs throughout the U.S.,” said Plug CEO Andy Marsh. “In addition to reducing carbon emissions and enhancing the resilience of the U.S. energy grid, we believe the hydrogen economy aligns closely with national security interests, ensuring that the U.S. remains at the forefront of energy technology development and deployment on a global scale.”

The loan guarantee will help finance the construction of up to six projects to produce and liquify zero- or low-carbon hydrogen at scale throughout the United States. Plug’s Graham, Texas, green hydrogen plant, the first to benefit from this financing, will create hundreds of high-quality jobs. Powered by an adjacent wind farm, Plug’s green hydrogen production plant will utilize the company’s electrolyzer stacks manufactured at its factory in Rochester, N.Y., and its liquefaction and storage systems built at its facility in Houston.

The hydrogen economy is strengthening America’s energy independence, and securing U.S. leadership in clean energy innovation. Most importantly, the industry is a vital step toward bolstering the resilience of our energy grid and reducing reliance on foreign energy sources. By aligning with national security priorities, this initiative ensures the U.S. remains a global leader in cutting-edge energy technology and economic growth.

Plug’s current hydrogen generation network, with plants in Woodbine, Georgia, Charleston, Tennessee, St. Gabriel, and Louisiana has a liquid hydrogen production capacity of approximately 45 tons per day.

About Plug

Plug is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation, to help its customers meet their business goals and decarbonize the economy. In creating the first commercially viable market for hydrogen fuel cell technology, the company has deployed more than 69,000 fuel cell systems and over 250 fueling stations, more than anyone else in the world, and is the largest buyer of liquid hydrogen.

With plans to operate a green hydrogen highway across North America and Europe, Plug built a state-of-the-art Gigafactory to produce electrolyzers and fuel cells and is developing multiple green hydrogen production plants targeting commercial operation by year-end 2028. Plug delivers its green hydrogen solutions directly to its customers and through joint venture partners into multiple environments, including material handling, e-mobility, power generation, and industrial applications.

For more information, visit www.plugpower.com.

I don't think you understand corporate partnerships.

Yes they have access or co-own a lot of patents but doesn't mean they can:
a) manufacture a MCFC unit or the CCS equipment they have co-invented
b) Service said units

They still have to pay for the units and service (may be a special price)

IF FCEL sell to others they will get a royalty from the patents they own/co-own

Exxon has been doing r/d with fcel for probably close to 10 years...whatever they have developed in that time frame, they co-own with fcel...including the patents...

quite awhile ago, Exxon paid fcel $10 mil (when they were desperate for cash) and in return, got access to all their prior tech and patents...

from what i can see, Exxon needs fcel for nothing...but they keep the collaboration going...maybe exxon wants to focus on drill baby drill while using fcel as their surrogate in the hydrogen/cc business...

hogwash for years kept saying that exxon was going to sign fcel to a $500 mil contract because of how fabulous fcel was...but all exxon has done is the extend the existing contract several times now...

i have no idea what exxon is going to do...but imo, they really dont need fcel...but apparently arent quite ready to cast them aside just yet...and maybe they never will...who knows...

https://www.linkedin.com/in/betsy-bingham?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

And apparently we are working on further developing the Asian market with Exxonmobil!
https://www.linkedin.com/in/sushil-g-070613a1?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

https://www.linkedin.com/posts/mathieulauga_greenhydrogen-greenhydrogensummit-energytransition-ugcPost-7285543815375900673-JfYi?utm_source=share&utm_medium=member_android

Betsy Bingham bought 1,273 shares at $9.79 a share.
https://d18rn0p25nwr6d.cloudfront.net/CIK-0000886128/9ab2ae4d-45b9-4b3a-b1fb-bcdb696987e0.pdf

The px/sh continues to slip downward signifying alack of buying support. Without buyers coming in on light downside volum the stock continues to slide.
No need to short the stock or manipulate when there's an absence of Buyers. It drops on its own.
The news announcements continue to suggest coming improvement with one announcement after the other signaling prosperous times ahead. Yet the market yawns and the analyst say " so me" and thus no change in their conclusions. ask yourself why!

Down on 655K shares traded at 3.43pm is far from a show of strength from the bears or shorts. And clearly they are not selling ATM averaging under 1M shares a day on down days. Yes, the average listed is over 1M but that's simply because on up days it's traded well over 1M. Company should still be at about 20.5M outstanding, and have a current market cap of under $200M but have $300M in cash with $1.2B backlog. There are over $1T of $ incentives for our tech already established with more to come. 45Q is HUGE for FCEL and Exxon. Look at news related to Exxon Email today 1.5GW total supply with Carbon Capture for Data Centers is moving forward. 1st 2 modules for PORTHOS will be shipped this fiscal year (by 10/31) and fully operational by summer 2026! 1st 2 (implies there are or could be more). By end of 2026 we will have surpassed our market cap peak in February 2021 (about $10B). You do the math. That's 50X!

So you mean to tell me that FCE will not get a percentage from Exxon and if Exxon has multiple CC locations generating income ?

Exxon has already bought the tech and patents...im not sure they need anything else from fcel...

Exxon Mobil has been nothing but a carrot to hold in front of the donkey and in this case the shareholders are the donkey following the carrot for years . This brings up a good question. Why has not Exxon bought Fuel Cell Energy if they thought they could make money ? Think about this when Exxon has billions of dollars could easy merge of buy out FCE but there must be a reason for it .

PLUG was up on the pending $1.6 Bn DOE guaranteed Loan being finalized and cash coming there way (initial $200m possibly). It was expected to be on the energy.gov website at 9:00 am and isn't hence falling back now.

the mega deal which you correctly point out is like an MOU was yesterdays news, literally, and market saw through the words that finance is far from assured.

given this statement from that article:
That’s good for the U.S. economy and jobs: Texas, Louisiana and Mississippi – the three states where we’ve announced CCS customers – account for 10 percent of America’s 13 million manufacturing jobs. They’re also essential to U.S. exports of manufactured goods (which hit a record $1.6 trillion in 2023).

are you convinced their datacenter solution will use FCEL CCS which is yet to be proven (Porthos etc)

They may do but they have alternatives

Exxonmobil investors update states they are moving forward with Nat gas power plant designated for Data Centers! The plans will "produce 1.5GW of power", and will use carbon capture capturing over 90% of carbon! Translation, total power produced, they did not specify it will be a 1.5GW Nat gas plant!!! FCE released business update less than a week ago, displaying a rendition of a 550MW coal plant with a 300+MW Carbonate Fuel Cell. My guess is we are getting at least 600MW Carbon capture units installed on this project, and it is portable and scalable.
https://click.info.energyfactor.com/?qs=70fde8cde9a99126fbd9b735cbe9cb1e70a0046336a63f1ba59afc5f2288d7642cd56fcd458117b7be4bab29d91ecf9a86241bd79eed5aec

There's so e good news for the market. Hindenburg Research shut the door.

Plug traded 13M shares in 9 minutes and is up 6% based likely on huge potential deal. Which basically similar to an MOU in layman's terms. I'll take it, because we will go up if Plug makes a big move. But we've had plenty of big potential MOUs in the past 3 years which didn't impact the share price in any meaningful way that stuck. We still have them hanging and at least a couple will result in something. But no signed contract leaves investors uncertain and give bears authority to continue shorting and manipulation.

While the facts about no news worldwide you can see this will continue to tank .it’s becoming apparent as time goes by that the current management does not know what to do because of their incompetence.
The CEO is a basket case with no knowledge how to propel the company forward. I wonder how long it will be before they get rid of Jason Few. It maybe too late by then and have to file bankruptcy after 10 reverse splits in the last 20 years . IMO

Hey most of it comes from the company presentation hoghead7 posted the other day so hard to refute.

Thank you. That puts promotional implications in the proper perspective.
And your post does drill down to the real facts.

Here are some facts related to those article headlines
a) FCEL is a natural gas energy company, with over 90% of its revenues coming from that sector
b) its only hydrogen production is at Port of Los Angeles which will get the $3 a kg PTC I believe.
c) Its hydrogen generating Solid oxide electrolyser is at least 12 months late to commercialization with no mention from the company when the issues will be fixed and first commercial (not pilot ) orders expected.
d) The Tri-generation solution still has only one customer
e) They don't supply fuel cells for transportation
f) They do have a carbon capture solution which agin isn't available commercially even though the Exxon deal was opened up to allow selling to others.
g) they only have 3 stacks (4.2MW) in the USA up for replacement/renewal in 2025 compared to 30MW done in last 3 years

They do have some great business in Korea which is keeping the factory busy and cash flows moving
They haven't announced any new natural gas customers in the North American market for some time, or partnership unlike their main competitor Bloom.

So no reason to be buying here, despite market cap being below their cash levels - that cash is going to be spent well before they can make money, or until the Exxon deal turns into a major supply contract.

What is the "chance of a reversal now or in the foreseeable future "?

Answer- While Hydrogen may have a better future, nothing in the many articles demonstrating it may, none directly point to FCEL corp as participating sufficient enough to convince the market or the trusted professional analysts who do thorough research to change their minds. The avg price does not suggest a reversal is at hand or in the foreseeable future.
They are the ultimate arbiters of price direction..... not promoters.

Facts and consideration
Consider these facts and tell me what the chances are of a reversal, now or any time in the foreseeable future.
https://www.google.com/url?rct=j&sa=t&url=https://fuelcellsworks.com/2025/01/15/clean-hydrogen/u-s-doe-progress-and-accomplishments-in-clean-hydrogen-and-a-look-back-at-major-milestones-in-2024&ct=ga&cd=CAEYASoUMTYzODgyMDkxOTQ1NDc3ODQ0ODUyGjNmNmMxMjhmMjMzNGE4Mjg6Y29tOmVuOlVT&usg=AOvVaw10cs8q6OR_auZcHnieFAcI

Another growth story
https://www.google.com/url?rct=j&sa=t&url=https://fuelcellsworks.com/2025/01/15/clean-energy/powering-the-future-184-5m-clean-hydrogen-partnership-call-to-boost-hydrogen-value-chain-across-europe&ct=ga&cd=CAEYBCoUMTYzODgyMDkxOTQ1NDc3ODQ0ODUyGjNmNmMxMjhmMjMzNGE4Mjg6Y29tOmVuOlVT&usg=AOvVaw2NDcnCNFQSMMbSLywbGM-c

Heading says "Monumental Deal"
https://fuelcellsworks.com/2025/01/15/electrolyzer/plug-seals-monumental-deal-with-allied-green-ammonia-for-a-mega-3-gw-electrolyzer-system

US $635M C'mon fuel cell companies so vastly undervalued!
https://www.energy.gov/eere/fuelcells/articles/us-department-transportation-invests-635-million-expand-zero-emissions-ev

$100M for pilot scale Carbon Conversion https://links-2.govdelivery.com/CL0/https:%2F%2Fcontent.govdelivery.com%2Faccounts%2FUSDOEOFE%2Fbulletins%2F3cc716c/1/010101946ac042a1-cfc97c37-56fb-4153-931f-e5b55e1eea25-000000/rKSJzKaOGFpNtuwm5-hqbkYJbRk1YE5e0gMBuQqiHi4=388

The problem with thinking that the stock has " immeasurable" upside possibilities , is that its created resistance levels all along its downward path from the high 4 years ago. It would be one tall order to surmount so much resistance and expect huge increases in price.
As there are negative fundamentals ( view the quarterly reports for over many years, and no trusted professional research that claims that will change for at least 4 years, how could one logically expect " immeasurable" upside in price ?
However one extreme fabricator does ! ( read his post)
Moreover, the stock hasn't been above 200 day moving average for all of 4 years. Why mis-inform when its so obvious on a chart ?

uksausage has caught him several times. The rest probably are catching on but would rather not challenge him.
All one has to do is look over his record to decide whether he's friend or fraud.

Yup…hogwash is being sloppy and stupid…or is a liar…and none of his buddies are willing to correct him…thus he keeps repeating the stupidity or the lie…

What kind of friends are they really?…

volume, volume, volume! tightly retrained today. As mentioned earlier, high volume when closing over 200 day MA 10 days ago, trickling lower daily since. Today likely just over 1/2 the daily average of 1.4M with well under 700k traded at 3.25pm. I get a distinct impression buyers are waiting to pounce. Down side is very very limited. I'm thinking and hoping $8.77 is safe support. upside potential is immeasurable. with confirmation of 45V & 45Q staying out, we will run and run big. $50 minimum price target in 2025, with possibility of well over $100. Currently $300M cash and $1.2B backlog. so with no multiple or future projections, $300M market cap would be almost $15 and $1.2B would be over $50 with no ATM.

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?

Does this look like the stock got close to the 200 day MA ? Hogwash wrote it broke through it. One more deception or a lack of knowing how to read a chart???

Volunt trended down everyday Since the recent high closing over the $200 day MA. Looking for the volume to reverse with the stock going up. Hopefully both happen today.

They are advertising
https://www.linkedin.com/posts/activity-7284926891868704769-mZ7-?utm_source=share&utm_medium=member_android

They have mostly been CLEARLY and ABSOLUTELY dead wrong…for YEARS…

But if you ask them, they will swear they have been correct…they just can’t explain how…

If you ask them to explain how that is possible, they will put you on ignore…lol

Or they will swear they can no longer post on doctors orders…smh

Plug is $2.66 per share…Bldp is $1.56…Be
is $22.30….

Pre r/s, fcel is 32 Pennies per share…

But it’s not fcel???