I suppose this does set up a good buying opportunity in the next few weeks/months. No rush to jump in but I suspect they will be around a long time and eventually benefit from an upturn in shipping rates.
When they dropped the div on PRGN it killed the stock for years. i suspect this 6 cent div will cost shareholders ten times that. Hopefully I'm wrong since you could see it coming.
I was buying at less than $1 to $1.3. Sold everything at small profit. Should have held. But in past couple years an earnings report like this would have knocked it from 1.40 to 1.25 because another loss. Just sayin. I guess times have changed. Glad to see the stock up actually. Wish I stuck it out longer.
They're buying at close for very astute reason. Because tomorrow is Tuesday and if the 2013 party continues, well, Tuesdays are up days. Right. Why know anything more.
I think it will move up tomorrow because they must be announcing something more than normal with the pre-recorded conference. They wouldn't prerecord the standard "we are very disappointed and know we need to do more bla bla" And it must be complicated enough to need a presentation. And a few smart buyers have been stepping up buys lately. That said, I'm probably wrong. And long too BTW. Also, I don't really care what happens tomorrow but I do care about the value over the next few months.
Everyone complains about back order and new orders. They can't even keep up with what they have. I think it makes sense to spend money making good on existing stuff rather than pay people to drum up more work they can't finish. Ok, now you bashes can call me names.
For years FCEL knew how to rain on every earnings parade. A bummer report, you could bank on it. But then in 2013 they had 2 great q's in a row (in my opinion) and things were looking up yet the stock still got little to no boost. Well, not until PLUG, etc., lit a fire on all these Fuel-cell stocks for a couple weeks. This last report was not that bad but they were able to disappoint like the old days; delaying profitability yet again. I'm looking forward to a new chapter, this old one is a bit of a drag. Come-on FCEL, get with it!
I haven't looked hard but have checked in on FREE occasionally and I never understand any of the financial stats. Maybe the various web sites have bad info. First something as simple as market cap is different in many sources; yahoo finance, etrade, google finance, etc. From less than 1M to over 24M; I mean, really, how hard can it be to get the actual number of shares and multiply by price. Short interest currently ~5M on ~10M shares??? Really? Can I trust FREE's website for financial stats?
7 million of ESL's holdings back in play and largely dumped seems like double treat for shorts. I've always thought there'd be a short squeeze one day but now not so sure. Too bad. I thought it would be interesting to see.
I was wondering same. They said they hit that100MW number that used to be the key number where they became profitable. Not sure if the way they got there matters. Actually I liked the sound of all the info today. Leap in technology it sounded like.
Unwise plan IMO. Too much competition, product is an expensive car. Sure they're inventing other good things regarding infrastructure and some cool technology but so are other names. Too much hype. Enjoy the ride up but I don't think this is the next MSFT or WMT kind of stock. Just an exciting trade.
Maybe it is just my software but between 11:30 and 11:45 it looks like the daily chart is flipping the bird. Don't know if this is intended for the longs or shorts but it made me laugh. Yes, I know, another brilliant post. Sorry.