I would say that those people who have bought TSLA stock feel threatened, so they 'doth protest too much' about fuel cell tech.
It seems clear that whatever is going to happen with vehicles, more electricity will be needed. And the dependency on the grid will be even more foolish because not only will communications/internet be at risk during a blackout but also transportation. Even with all battery vehicles, there will be a humongous need for distributed, clean electricity (i.e. FCEL technology). I don't think anyone seriously believes that this will meaningfully come from solar.
That's cool that you have done well with FCEL and you seem to ride the ups/downs well. I never have a good sense for short term trades. I am usually surprised at the timing of the market moves. I feel more comfortable with the long term awesome potential of FCEL. I hope we both do great in short term and long term! TGC.
Thanks Donnie for those thoughts. I am not knowledgeable about charts and technical analysis. I am into FCEL for long term. I don't play options either - but I am under the impression that today's option expiration is holding price @ $2.50 for today.
Options expire today. Looks like a lot of Options @ $2.50. I look for upward price action Monday. Cheers.
I hear you foo.
Sounds like this is all about the finances. I can't believe they would be going to this trouble unless finances made sense. They seem to be financing the project and then receiving future revenue stream from UC Irvine. Assuming numbers make sense for long term revenue stream (net profit) then - again - this seems like an awesome situation for implementation everywhere.
How do you know that they 'cannot afford to end jp owning many of these outright'?
On the contrary, why would they have carefully crafted this deal with UC Irvine unless it is exactly what they wanted as a demonstration? It seems to me that it is financially profitable for FCEL to install these systems - and instead of a one-time sale of the fuel cell, they are planning to receive a future revenue stream for the electricity. This seems to have virtually unlimited upside potential. But I do not pretend to know the actual financial details involved, so I am definitely open to learning more about it.
True that any sale is good. However, this sale is at UC Irvine. That is very significant because this is where Obama just spoke (that is not a political statement) and where so much innovation is taking place. In other words, the eyes of all government and industry are on UC Irvine. So, this is more about the sale of one system. IMO, this is a demonstration of what can/will potentially be done everywhere. TGC.
What does the board think?
Seems like FCEL is not really selling the fuel cell on this deal. They are instead selling the electricity and heat. Sounds like an awesome situation to me! They are now becoming a private utility provider. What are the implications here? I see a lot about 'cap and trade' stuff coming from UC Irvine. Irvine seems to be the center of 'green'.
Is this just good news, or is this fantastic news ???
No prob Al. I don't understand how methanol fits into the mix - but I guess it must be important to get a $3.5 million grant.
"Among the three winners for liquid-fuel producing fuel cells, FuelCell Energy received $3.5 million to convert methane to methanol. FuelCell, which had its IPO in 1992, focuses on megawatt-sized fuel cells."
Toyota will have a news conference on June 25th in Japan. They are going to discuss the superiority of fuel cells versus batteries.
Although currently FCEL is not primarily concerned with FCEVs, the hydrogen for fueling stations is potentially a humongous revenue source.
Shorts are done covering, so no more buyers.
I will consider buying shares at 5 cents.
Public is starting to learn. Entire sector may be up every day for next five years!!!