Why would Blackrock, Morgan Stanley, State Street, and Vanguard all own FCEL if it was a total loser? This may take some time but new contracts or even a merger would also right this ship. FCEL has been around for some time now and they're still open for business.
It's never been a buy and hold stock. Daytraders like it because it's cheap and they can bail out fast with a nice profit and all they need to do is buy a couple thousand shares. Stocks that are higher per share do not move like Ford so better to stick with the ones over $40.00 with a very low PE to be safe.
I remember when CNBC kept saying Safeway was 6 billion in debt and to stay away. I sold my position and the stock came back to hit a 52 week high. I made a small profit but could have made a killing. RAD will come back and I am not making another mistake when it does.
Target was lowered to $6.50 so this thing looks safe at these levels. They just remodeled the Rite Aid in my area and it looks great, new products and shelving with spacious aisles. They have good sales and advertise weekly so they are not in a bad way. I think it's a buy at these levels but was hyped up beyond a healthy EPS a few months ago. RAD had been around for years.
I have owned this stock for YEARS and it's way down from where I purchased. Look at the long term chart. I only hold for the dividend in my IRA but I can tell you right now that even with those payouts I will never be in the black unless someone buys this thing out or ?
Just the opposite. I read that they are NOT buying because the precious metals are declining. The first time ever that they are putting the money in the banks.
but you did see the 32 million dollars of a one time dump by the insiders didn't you? That might give you a clue that this trumped up BS was nothing but BS. PLUG's out and out lies caught many off guard with a buying frenzy while the 1% cashed out and left nothing but bag holders.
There is no way of knowing who is buying right now so stop the bull. Where are you noticing hedge funds buying? How is that info available to YOU?