On almost every mb there's at least one guy who's been long for 2+ years and knows everything about the stock. Can the FCEL guru give me a quick rundown of where the stock has been, near-term catalysts, roadblocks, is the stock right-sized/taken a beating/resting, etc etc.
I have been in the stock since probably 2001 or so. I remember buying when it was in double-digits. I have yet to sell one share... I am a small investor (invest whatever I can afford to)... have accumulated more than 5,000 shares now over the years, and finally have my cost average below $2.50/share. Profitability will probably come in Q3 or Q4 of 2014, and I think sustained profitably (profitable every quarter) will be by Q3 2015. There will be some bumps in the road... every time a big contract is announced, shares go up quite a bit and then drift back down until the next order is announced. Been stuck in that cycle for seemingly 3 years or so. But there is a clear path to profitability. Once we get there, shares will move up to $3-$5 in my opinion. I see this as at least a $10-$15/share stock in about 2020. Those with patience, not looking to make the quick buck, will be rewarded in the long run.
Summary huh?, well if you undo the splits from 1999/2000 we still would be below 2001 PPS. That tells you where we are and where we've been. Catalysts? Roadblocks? We need to be profitable. This qrter maybe, doubtfull. EOY most likely. Delisting from Russell is still on table. If you can hold for a couple of years you may have a real good one. JMO GL