Momentum players are in control here, so sit back and let them decide which way we go going forward. FCEL is my favorite of the sector, or at least over PLUG & BLDP.
That said, both PLUG & BLDP are "GREEN" while FCEL remains "RED" in pre.
So far I don't see much buyer conviction and even though I bought $3.00 per share this morning, I suspect we find lower 2's yet.
Make sure you keep some powder dry to add on further weakness :-)
At least in pre, there's no longs fighting back that's for sure. Perhaps that will change once we bottom out, where ever that might be :-)
ps. IMHO, FCEL is the one to own in the sector, especially over PLUG.
Shorts are my friend :-)
Next leg may be further downside and hoping to get more share cheaper. Perhaps in pre. Shorts can more easily manipulate downside in pre as they did in AH's albeit minimal Looking for some 2's to add to my buy back following some gains I took in pre today.
My price target here is $7-8 range in 2-3 quarters.
GET ER DONE
FCEL back log over $300M and growing. Profitable in just a few more quarters. Of all the stocks in this sector running up recently, I picked FCEL and glad I did. Clearly has plenty of room for stock increase.
Forget about Cramer. He doesn't move stocks and has an accuracy well below 40%, Hell flip a coin over listening to that idiot.
Don't worry, you have lots of company to share losses by chasing this stock again today. Now stop being a bunch of cry babies. That's truly sickening.
No one forced anyone to chase the stock higher after it rallied several hundred percent.
Never hears so many long cry babies lol.
The massive volume was big money manipulators trapping longs starting days ago and in PRE etc., before they dumped the rest of the day.
Those who lost money, are those who got shaken out lower than they bought shares for. Not rocket science.
You "ALL IN" strong buy arrogant longs obviously failed to secure gains and likely watched all gains go bye bye and now your in the "RED".
Suck it up boys and deal with it.
You strong buy "ALL IN" arrogant longs need to suck it up and shut up. SEC won't do a thing and you need to accept the losses you have and move on.
BOTTOM LINE: New 52 week lows are coming here soon.
For those who weren't foolish enough to buy here with "ALL IN" arrogance and stupidity, just average down. Not rocket science. The shorts simply provided smart money longs, cheaper shares.
Stop listening to Cramer's clown show years ago. His calls are well under 50% accuracy. Hell everyone knows his constant flip flopping with whatever direction the wind blows.
BOTTOM LINE: FCEL is going to find new 52 week highs soon.
Clearly the best in it's sector under $5.00 per share.......