shares will be down tomorrow as the rally will reverse during the conference call but until then I wouldn't short the shares
nobody cares about the results - quarter was abysmal from a backlog standpoint but the stock doesn't trade on fundamentals anyway - shorts will be squeezed one more time here
so where is the good news ? generating revenues out of two-years-old backlog ? Diluting shareholders at fire sale prices ? failure to take in new orders ? failure to deliver profitability regardless of the revenue level ?
"The size of our pipeline in both North America and Europe continues to increase, but more importantly we have made significant progress towards closure on a number of multi-megawatt projects in the pipeline," said Chip Bottone, President and Chief Executive Officer, FuelCell Energy, Inc"
obviously they are still progressing - lol
and an abysmal quarter for the recently acquired and much bigger former Conduit business. Company provided disappointing full year 2014 guidance and admitted to the business model not being sustainable going forward. The stock has given back the entire gains since then and is heading lower - imho much lower as the guidance does not look credible given that the company is searching for a new business model.
moreover the sales upside was due to increased feature phone shipments which clearly won't repeat very often going forward given that this product category is disappearing pretty fast.
orders were down significantly, there's no other way to look at this - shorted the stock in after hours. Should be under heavy pressure today.
while this statement is of course utter nonsense clearly the company will have to overcome some issues - closing stores while still being in expansion mode certainly does not speak for great management.
on the other hand SSS and guidance came in better than probably feared causing the stock to pop initially
stock is coming in nicely - would advice to stay short going forward as today's earnings were nothing to get excited about. Rather the opposite as gross margins have suffered further due to a very unfavorable product mix. It will take much better numbers for the shares to regain some of its recent momentum. Stock should be under considerable pressure tomorrow as trapped traders will be heading for the exits.
actually it is more about the future and margins - everybody knows that the feature phones will be gone almost entirely within a pretty short time frame. Therefore the reported revenue increase doesn't look sustainable going forward. Gross margins decreased even further in Q4 which is very disappointing. Don't think the stock should be up at all here.
you guys must be joking
with reports out about Macao casino revenues up 40% yoy you didn't need "leaked numbers" to buy some shares in anticipation of today's release. Sold out the shares from last week and shorted big time. Stock up 25% from last week with RCT number still below market growth. Should end solidly in the red
stop pushing this #$%$ - the company has never lived up to its promises and shouldn't be considered as an investment in any way.
there have been so many executional missteps over the last few years it would take days to explain this to new investors
and even the much improved RCT number for February is BELOW the average 40% number indicated for Macao for the month
The $4.50 insider buy actually was a debt-for-equity-swap with insiders pulling a zero interest credit line to get new shares. In fact they sold most of the shares in this ill-fated offering for $3 to their pitiable shareholders.
And with regards to the HK listing: I guess there is nobody except for you who still believes this will ever take place.
To new investors: Buyers beware.