Maria, when I deleted a post and reentered, it may have taken out all the posts below it. Sorry if that's what happened - I didn't realize that at the time.
If you decide to trade FCEL, I'd wait until you see what happens tomorrow as it may go down more. Cramer criticized it as too speculative today; once he starts, he sometimes repeats his message for several days. And some traders follow his advice. Also I think it will go back up leading in to the earnings report 1st of Sept. (I answered you about selling DRL on Red’s post).
Also I wouldn't worry about a stock split until after the stress test in Oct.
I know what you mean about strong RS. Do you ever decide on a price for selling or buying and put your order in in advance for stocks that move fast? I sold DRL after hours - had to do it in two sales and pay extra commission. Congrats on your double; I only had 49% profit. Bet you're feeling pretty good now!
Maria, yes I plan to reenter DRL (maybe only a small position) if the PPS go down substantially when everyone finds out there was no new news today. Or I may wait until the case goes to trial as folks will be disappointed there wasn't an out-of-court settlement. And I know what you're probably thinking, give to charity; however this gain only makes up for my losses in EGFEY. lol
”TheStreetSweeper releases its investigative report on FCEL.” It gives a detailed account why they think FCEL is a bad investment. The article is located under the Under Surveillance Archive tab if you care to read it. They also disclosed the owners of TheStreetSweeper hold a short position in FCEL and stand to profit on any future declines in the stock price! Following is a paragraph from the article:
Even if we can get past the risk of losing its biggest account (Posco), the misconceived parallel with PLUG, stock selling, its unjustified market cap and difficulty scaling, those numbers tell the dirty tale behind this clean technology company that’s been dragging along for four decades.
They inferred Cowen raised FCEL rating from Market Perform to Out Perform to benefit with the other bankers of about $1.5 million just for handling the public offering of 25.3 million shares at $1.25 apiece, diluting current shareholders.
Link to article is goo DOT gl SLASH LNQh2i (replace dot and slash with symbols)
Queried the link from ST and also found a link for US DISTRICT COURT DISTRICT OF PR Electronic Court Calendar, and no cases are scheduled for Doral thru Monday. Sounds like positive news so far!
Thx - deciding when to take profits isn't always easy. You know IBD recommends buying stocks when RSI is strong. And of course strong stocks can continue to run even when oversold. So many different methods to investing!! Noticed solars go up when oil prices rise.
BTW, I've noticed today DRL YMB seems to be turning more negative with a lot of thumbs up for bellecloser. Hope most traders don't read YMB and decide the settlement won't mean much! Also I wonder what affect on prospective traders if they read the posts stating s/holders plans to sell when settlement is reached? Do you decide on a sale price and put in an order IN ADVANCE?
Wow! It’s a miracle that the entire population of these countries have not become infected and that more health workers have not fallen ill considering their inability to convey the importance of changing local customs regarding funeral ceremonies and burials.
No not yet - it might be worth looking in to. Ha - I expected a few Polish jokes!. You're good at research - let us know if there's potential here. :)
to tender in three land areas in western Greece, Arta - Preveza, Aetolia and Northwest Peloponnese. Minister Maniatis said "We have come a long way, created the necessary conditions and attractive investment environment necessary for successful, efficient and safe operations for exploration and exploitation of hydrocarbons in Greek Territory for serious companies of the international oil market.”
The notice provides rent for the Greek government that will amount to 4 percent of the produced hydrocarbons in money or in kind. The rate of Greek income tax is set at 20 percent, while the lessee has additional regional tax rate of 5 percent.
GOLD LIANGOU Ekatherimini, 8/4/14
(cont) Indeed, at 50,000 units, the main stock index in Warsaw is still far from its high of 67,000 units achieved in 2007. While it has been lagging behind other emerging markets, it is expected to make a comeback
Most will "bet" on China, or even India, Brazil or Dubai. However, according to Marketwatch, it is a country that few would have expected: Poland. It ihas been 25 years since the fall of communism in Poland on August 19, 1989. The image of the country then needed an economic miracle. Poland was loaded with heavy industries of the Soviet era, a workforce with limited skills and few natural resources.
However, Poland took some right steps, which proved critical for the subsequent course. They privatized industries very quickly, restoring the free and competitive markets. They reduced taxation, reduced debt and reduced wages in the public sector. And so, he managed to improve its position in the ranking of competitiveness. What were the movements- key to Poland?
* Not allowed oligarchs to get their hands on state property, but rather, right up private companies were invited to work with the rules of free and competitive market.
* Taxes are kept under control, with businesses paying 19% rate, which is one of the lowest in Europe. The higher tax rate for individuals is 32%. The government cannot borrow money to spend and cannot raise taxes. The Constitution sets a limit of 60% debt to GDP, but Poland still has room before reaching the limit.
* The Poles themselves are a rather thrifty people, with household debt at 37 pct of GDP. As a result, Poland is now a success story. Since entering the EU in 2004, the economy has an average annual growth of 4 pct, which is among the highest in Europe. The per capita GDP exceeds $ 10,000. From 1989 to 2007, the economy grew by 177 pct, managing to overcome the recent global crisis with just a year of recession. This year is expected to grow by 3 pct.
Warsaw Stock Exchange has made the rise that would justify such a success story, and according to Marketwatch, this will be the trend for several yrs. Goo DOT gl SLASH KFHLPS
First place is USA, having state stock 8133.5 tonnes, much less, however, from 20 663 tonnes held in 1952.
Second is Germany with 3384.2 tonnes, the country's Central Bank to Treasury sells at about 6-7 tonnes per year, while in third place is Italy, with 2451.8 tonnes followed by France with 2435.4 tonnes, Russia, with 1094.7 tonnes, China with 1054.1 tonnes and Switzerland, with 1,040 tonnes.
Closing the top ten are Japan, the Netherlands and India; their reserves do not exceed 1,000 tons, as estimated at 765.2 tonnes, 612, 5 tons and 557.7 tons, respectively. Goo DOT gl SLASH XPfoCz
This company is 79 percent owned by FCEL, Ticker: FEY:GR
Sentiment: Strong Buy
but bet “speculation moment.” Banks have invested on the wrong investors. This explains why the Greek stock market is a rudderless mess. If they are not investing in the Greek stock market success story they should not be allowed to invest! In 2006 and 2007 when the Athens stock market rallied and stood at 5200 units, small shareholders held 43% of National and 38% of Alpha bank; now they hold only 2-3%. In 2007 the smaller foreign investment funds were serious investors. Goo DOT gl SLASH vBpGhB
I believe Prem Watsa and Wilbur Ross care about the success of Eurobank; it’s too bad they don’t hold more shares. Perhaps the hedge fund speculation in Eurobank is about over. I recall reading some Greeks resented mostly foreigners were given the opportunity to recapitalize their banks. Maybe Bankingnews is being a little too critical? This news agency constantly reports the Athens stock market will decline and states it will give the smaller investors a chance to invest. Is the news agency intentionally casting a negative light in order to achieve this?
and then only if it will not adversely affect capital adequacy ratio, according to bankers. In 2016 banks must proceed in divestiture even if the sales adversely affect capital adequacy. However some bankers expressed optimism that by 2016 domestic banks will save most of their subsidiaries as conditions will have improved dramatically, which may allow them to renegotiate the agreement with the EU Commission.
Goo DOT gl SLASH wfCu3J
fp, thx for the info about Greece. I'm back in fcel at 2.62. Their earnings rpt comes out first of Sept. BTW, hope you knew j/k means 'just kidding' - kind of like when I said 'I'm in tears' to Red. ha!