PPS for CPST is likely to go up that is likely not the case for FCEL. Capstone Turbine is actually selling (present day) its product worldwide with a break even point near term - AKA PPS going up near term. And, its product have ROI and last many more years the a fuel cell stack of 5 years. FCEL was IMO DOA "old technology."
You know being short of FCEL is a good thing based on what I read here from the faithful.
However, making money shorting in IMO wrong.
Get the concept, not buying FCEL is clear from DD I performed. It uses continued poor and old fuel cell technology that they try to sell as new or the future.
Again sorry for your loss.
Sell on the news like others are likely doing now.
With no "fuel cell park" sales and only 1 1.4MW install for selling power, FCEL is dead money.
Dead fuel cell stacks costs in maybe 5-years is the killer.
Nobody willing to take on the near term dead fuel cell ongoing future costs.
Then recognize that burning NG by power companies is the way they chose to go.
Further, to burn NG they do not need costly fuel cells.
Then too FCEL products on NG produce CO2 and per reports those greenwashing fuel cells fail to report that as fuel cells age they produce more and more CO2s - they age and die too quickly.
PS: Not a short and never will be!
Just really see no value in FCEL or Bloom products.
"Shouldn't be long till they get quiet again"
Really, like FCEL has made even 1 "fuel cell park" sale to deter dead fuel cell stack replacement cost fears.
But they have sold power from a single 1.4 MW install. Now that will do?
Too many letters and numbers in Yahoo name!
Ignore these folk all the time!
Per recent SEC reporting, Ed will be remaining with Capstone for a few more days.
I thought they may have locked the door behind him. However, Ed's departure appears
to be somewhat smoother than I thought. Maybe he just decided he was better off moving on.
While others got some apparent reward shares, for Ed maybe he said no stock will walk and now he's
gone. CFO has most of the pressure to move the company to profit - looks like his time to do that has ended.
What was the tipping point? I'd say maybe pressure from the board and CEO. In any case, he gets a one year severance check. Capstone, IMO got off cheap.
Per this filing, remainder of (some $49M) old shelf, now cited to be brought into this shelf (total $100M).
"Inherent redundancy" makes it impossible to determine how many fuel cells are providing power for any use. They even control the on off switch so it a secret as to just how many dead fuel cells are under the hood to power anything. Bloom Energy and FuelCell Energy just do not share what they... More
This buying was likely just do to some cost cutting in the works and no apparent major issues raised (to date) from the folks leaving. Its a good thing maybe the market sees it that way for now.
As I recall they had a existing shelf that likely closed 03/31/2015 with the close of their fiscal year.
Can not recall the amount.
Wrong grumpee - "Inherent redundancy" makes makes it impossible to determine how many fuel cells are providing power for any use. They even control the on off switch so it a secret as to just how many dead fuel cells are under the hood to power anything.
Another question for the faithful or any live bodies out there:
o How many fuel cells does it take to power up a light bulb?
Another question for the faithful:
o With the loss of small market share like Sierra Nevada and the near term loss of related party markets, how many "fuel cell parks" are in FuelCell's backlog?
Again, sorry for your losses
I'm sure "...the bagholders want to bury this."
And, your point with that comment is what?
I'm also sure you want no new bagholders!
Question for the faithful:
o Does FuelCell Energy use Bloom Energy's "inherent redundancy" ploy of installing 2 times the KWs required in fuel cell stacks.
o Is Fuel Cell Energy's use 'inherent redundancy" why their making the biggest fuel cell stack ever?