Been around the block and seen this before. Made a small fortune on FuelCell energy during the bubble of 2000, so I think I have credibility. If you cant see this as degenerate day traders and speculators chasing price and volume in a feeding frenzy, your not paying attention. The dumbest of the dumb have arrived, hoe can you not see that? Heck just read the posts.There counting there money at table. Living from one minute to the next.This happens after an extended bull run...always has. As a short seller, its my job to profit from the madness.
Who in there right mind is chasing at these levels? Not a lick of sense.You never seem to learn a damn thing as history repeats itself again again and again. Wall street pros will short the dumb money pouring into the riskiest stocks in the riskiest market, again and again and again. And then you fools blame the rich when it all blow up.. Why? Because there smart and your stupid? Go home already.
you obviously did not do a lot of due d on FCEL, or you would know that's how fcel survives, by selling stock and bonds. They have done it without fail for over a decade. They have never made a dime, so how else can they survive. Every chance they get, as in a rise in share price, they move. I owned this co back in the day when it was called energy research, they had about 2 million shares outstanding. Look at the share count now. Dilution is the worst enemy you can have as an investor. Your next surprise..or not, will be a reverse stock split to bring the company out of the penny stock world! There it is..now you know so don't cry when it happens.
don't scream to loud. 50/sh hit to book with the stroke of a pen! These insurance stocks are truly black boxes. Even management doesn't understand the accounting...obviously. Wonder who leaked the news early this week...as in 5 point drop on big volume on Monday?