No, I believe that the development is the $2.8m new award. Yes there was an earlier award wrt the CA plant but this is new money for a new phase of the research / project. As I read it.
I just jumped in further in premarket after reading the PR at the FCEL website. The tri-gen is now guaranteed to be the hot topic of conversation during the conference call. Today's PR specifically states the automotive fueling potential and quotes a 1.5B market for industrial sites as at their Torrington. This PR is exactly what has been missing from the buzz around FCEL. THIS is not coattails.
At times I've been down to a token position but yes, probably have always had a few. Cheapest I own now were at 91¢. At some point my older shares were sold - normally I sell per last in first out but somewhere along the line I goofed and sold the most ancient.
Capesize-ratene doblet på en drøy uke
Capesize-ratene stiger videre. På en drøy uke har de steget over 100 prosent.
Baltic Dry-indeksen stiger 4,3 prosent til 1.543 poeng fredag.
Capesize 24.243 dollar (+ 8,7 prosent)
Panamax 8.651 dollar (+ 1,8 prosent)
Handysize 9.654 dollar (+ 0,1 prosent)
Supramax 11.831 dollar (+ 0,9 prosent)
Wall Street Titan is MrFuelCell. Long history there. The recent posts have been well written, absent vitriol, and informative. I'm long but appreciate seeing the other side of the argument show up once in a while.
Baltic Dry-indeksen stiger 6,4 prosent til 1.480 poeng torsdag.
Capesize 22.295 dollar (+ 15,7 prosent)
Panamax 8.502 dollar (+ 0,3 prosent)
Handysize 9.641 dollar (+ 0,3 prosent)
Supramax 11.727 dollar (+ 0,5 prosent)
The NM Q4 presentations says Antares had been at 12,350/day till 2/28/2014 - so unless AF just chartered it to someone else who just rechartered to Cargill - then it could be a direct charter. Wrt Etoile - THAT one is listed as chartered through December 2020 at 29,356 + P/S already. The NM Q4 lists 6 capes with charters expiring in 2014.
Per TW - though they have been known to jump the gun:
On Wednesday the Baltic Exchange noted there are rumours that a cape controlled by Navios Maritime Holdings (Navios) of Greece was fixed for $30,000 a day.
In a daily market note the organisation said the 179,200-dwt Navios Etoile (built 2010) was taken for a year but admitted the identity of the charterer isn’t clear.
Brokers claim Cargill paid $29,000 per day for the 169,053-dwt Navios Antares (built 2010) in a fixture with the same duration but noted the cape was relet to the charterer, which means it’s unlikely that Navios is poised to profit from this transaction.
It is also widely believed that the same commodities trader picked up the 203,100-dwt Newmax (built 2012) from Athens-based bulker operator Transmed Shipping for 24 months at a rate of $31,000 daily, the Baltic Exchange told members today.
subj. outrageous volume. fun day to watch - sorry for stating the obvious.
long yes, but sold all my traders and even damaged my core. sold a few more premarket at 3.45. Also FWIW follow NM still, and managed to turn a long into a short partway up the Q4 runup - looked like a mistake but eventually panned out. biggest position now is in NNA. GL.
bump & repeat: Term blowoff top is easy to find - wikipedia, investopedia, plenty of places. Defn I found had 3 components - the volume spike, price spike, and not able to hold near the high. Yesterday wasn't it. Of course, easy to see in hindsight. To recognize one in action they say keep a close eye on level 2 and the bid/ask spread + the prints: with no sellers left in volume and waning cash flow coming in - the spreads begin to widen, volume shrinks, and then begins the rush to the exits as longs want to take the top - can happen in minutes... but the buyers are worn out & whoosh - so much for holding the high of the day. We may get one of these, and it could be today.
bump. in 1990 MSFT was 60¢ (adjusted) and by 1995 at 3.80 and then by 2000 up to near $60. 100:1. Not sure how many days they had up 20% though!
Term blowoff top is easy to find - wikipedia, investopedia, plenty of places. Defn I found had 3 components - the volume spike, price spike, and not able to hold near the high. Yesterday wasn't it. Of course, easy to see in hindsight. To recognize one in action they say keep a close eye on level 2 and the bid/ask spread + the prints: with no sellers left in volume and waning cash flow coming in - the spreads begin to widen, volume shrinks, and then begins the rush to the exits as longs want to take the top - can happen in minutes... but the buyers are worn out & whoosh - so much for holding the high of the day. We may get one of these, and it could be today. GL ALL.
bump. I think you're right, there are some margin calls hitting, and just as we're incredulous about the pop - in a good way - they're beside themselves in disbelief - in a really bad way. when you get the call because of a short position you can either 1) deposit more cash, 2) sell something else in your portfolio to provide cash, or 3) buy in what you're short. If you're not paying attention or have no cash to add - then the broker will do it for you.
I sold some traders 'down' at 1.80 myself - wasn't bad after reloading at 1.40. Now, a tidbit: over the last 5 years, FCEL up 0% while NasdaQ up 200%. So just to pace the Nas we need to get from 2.8 to 8.4. Doable? Heck, why not? My traders are all gone now, cash in the accounts. Even damaged my core, shame on me, but mostly intact.