Maybe because it shot up 40% in the last two days. Too much investing in this stock can be risky yet very rewarding on the other hand. If a barrel of oil goes below 50 into the 40's this company can be in huge trouble. However, if we are close to the bottom and it lifts soon and then slowly over the next six months a lot of longs will be happy to get this stock at bargain. Some Im sure are waiting for a pull back in the hopes it will rise again.
Couldn't wait until earnings to have a potential bad surprise! Took a bit of a hit but with oil having its way right now time to look at other options. I will be looking for a new entry point on this. Maybe cheaper maybe not but I dont like surprises. Good luck to all the longs will be joining you again soon. Bashers you will eat it on this company on the long.
I know I agree with you. Thats why Environmental Policy will play an impact as well. The cost will go up because of emission concerns or at the very least remain volatile. Even if the price goes down oil is still too volatile for most businesses to rely on for a long term solution. Conversions for Natural Gas is already being sought after as a solution.
Just an FYI. Im not sure yet to what level this will have an impact in LNG. But you said you were in oil stocks. Was not sure if you are aware. My business is closely tied with the maritime industry and am already seeing prep for for LNG conversions being put on the table. This may have little to do with FCEL but it does bring natural gas into the spotlight as an alternative.
Wow a realistic, intelligent answer to my questions. Thanks for the perspective! and thanks for spending the time to share it with me.
gbpete. I didn't short I have already bought. I work in utilities and see the need for a decentralization to occur. Just was curious on what my initial post already explained.