Bashers have to hope Beacon Falls never happens. Its not a done deal yet , but it does have momentum. From the May 5th Fuel Cell Energy Press Release: "Under a letter of intent, FuelCell Energy has been identified as the fuel cell supplier (for Beacon Falls) and IF the park becomes operational, is expected to be retained to operate and maintain the plants under a long term service agreement. O&G Industries owns the property. CT Energy & Technology is developing and will own the project. The electric grid interconnection study is in process with ISO New England and site engineering is in advanced stages. Next steps are to finalize the off-taker of the power and prepare contracts."
..... Bashers want you to sell and take your loss, and give up all hope Ye Who Entered Here. Projections for the world's largest fuel cell power plant in Beacon Falls supports the view that Fuel Cell Energy's time is almost here! Watch this one.
To bashers in the throes of cognitive dissonance, anything that could be regarded as evidence that they might be wrong becomes proof that they must be right. For instance, initiatives towards building the world's biggest fuel cell power plant in Beacon Falls, doesn't mean that it WILL happen. It means its more likely than ever that it WON'T happen. Any advantage of fuel cells - continuous versus intermittent power and small land footprints are conveniently relegated to their memory dustbins lest it upsets their convictions.
garp. You are wrong again. The engineers recently came up with fuel cells as a pollutant remover for coal and natural gas fired power plants, and Tri-generation of Hydrogen, Electricity, and Heat. Also improvements in Solid Oxide Fuel Cells (SOFC).
Fuel Cell Energy Inc. had no other choice but to issue more shares to continue as a going concern because they got into fuel cells way too early. I'm keeping an eye on them to see if their time has finally arrived.
Jonas. I see that you are crouched over your computer waiting for my reply. I wasted more of your time which I view as good.
... as if it had a real effect on the stock price. If they want to move the price, they should write for Barron's or the Wall Street Journal not the Yahoo message board. LOL. I post here to crystallize some of my thoughts and to occasionally pick up some insight with no delusions that it matters very much at all. But it does keeps the bashers crouched over their computers and away from society where perhaps they could do even more damage.
garp. you just called me an idiot so u can go Fuv oor Mm !!
By the way, revenues will be up in the 2nd half. LISTEN TO THE CONF CALL !
Fuel Cell Energy crashed from $4.74 to 90¢ in a span of 18 months after an inexplicable rally based on optimism about fuel cells that also affected Ballard and Plug Power. Apparently, the stock is forming a base at 90¢ but there could be one more flush, it all depends on current holders and new entrants. Those who believe in.....
1. Distributed power for the grid.
2. On site, clean quiet power generation
3. Fuel cells as an auxiliary to intermittent solar/wind
4. Need to increase electricity output to charge electric cars
5. Making use of extremely cheap and abundant natural gas
6. CO2 sequestration using fuel cells
7. Tri-generation of Electricity, Hydrogen, and Heat
8. Economy of scale bringing costs down.
9. The company's transition into an Engineering, Construction, and Maintenance firm.
.....should keep an eye on Fuel Cell Energy. What a great technology. The bashers are saying what everyone already knows, namely that share price can decline for companies not yet profitable. Good luck to the bashers looking for Fuel Cell Energy to go bankrupt. They have been around since 1992 and have always been able to raise cash. They are trading at about 1.66 times sales, not outrageous. Beacon Falls will greatly raise the company's profile. There's a lot of shorts piled in. They'll eventually have to buy.
Fuel Cell Energy is a solution to the problem of providing distributed power to the grid. After a long wait, the stars are lining up for Fuel Cell Energy.
Giddy up, Let's go!
Tesla Model S Deliveries Surge 52% says the headline in the Wall Street Journal today July 2nd
Go to the Wall Street Journal and do a search on Tesla to find June 30 article on Tesla. They are adding 1 public electric charging station each day and will have to accelerate installations as more cars hit the road. These stations let you charge your car much faster than at home and are provided for free by Tesla.
I must have an excellent message if it gets a rise out of this board's curmudgeon (Jonas grumby)
Go to the CNBC website and enter the ticker for Southern Co (SO) scroll down to the video where you can watch CEO Thomas Fanning talk about distributed energy as the future of electric utilities.
My own thinking is that as more electric cars hit the streets the current electric grid will become overwhelmed and will have to add distributed power sources in the cities.