FuelCell Energy Inc (FCEL) News

LMAO

Sadly, $.41.5 would be a great close.

The main reason any company R/S's is to attract institutional investors to purchase or at least hold their shares. Many prohibit themselves from purchasing penny stocks. Some brokers will not accept orders from their clients to purchare stocks under $5 or $10... not sure which. So the R/S ( which will be approved by the vote mostly due to institutions voting YES ) will go through.
After which the company achieves compliance and is in a position to SELL more of their 500,000,000 shares at a higher price.
Given the lack of fundamentals now or perceived to come, with losses continuing and expenses overriding any sales expectations, the stock should return to its downtrend even after a bounce or two before or after the Split.

"Today's filing, obviously, interpretation is important, And what formulates everyone's opinion. An elephant is an elephant, to 98 or 99% of people. 1% will argue just for the case of arguing and the other one percent really don't understand what an elephant is."

in case you dont understand this ridiculous statement, it was written because hes about to post HIS opinion and he thinks hes the elephant and he wants you to believe that if you dont agree with him then you just want to argue or you are stupid...lmao

"But I'm guessing the company needs to prove they're trying to do everything they can to regain compliance with the minimum bid requirement. Including something that can obviously be monitored like requesting the ability to do a reverse split."

fcel dropped below a buck in April and the pps has steadily declined down to 37 cents...but you think the request to r/s is simply a ploy to buy time....fcel will somehow manage to get it done with more time?...fcel has had a 4 year long downtrend down to where it is now...but somehow a few more months is all they need?...lol

maybe Few should try reversing that downtrend or at least try raising the pps a bit...i think that would go a whole lot further with Nasdaq than trying to fool them...smh

"Since I'm almost certain every retail investor is going to vote and they are going to vote negatively"

you are wrong on both counts...

"Do you think the company can legitimately convince the NASDAQ They did everything possible if they give any indication they don't want people to vote for the reverse split? I believe the vote shoots down the option"

what the Nasdaq is going to see is a company whose pps is diving and they are making a desperation move to r/s so they can regain compliance with Nasdaq...and the company's shareholders are so pissed with the company management and there is so much distrust that they wont even vote to allow the company to remain on the Nasdaq......but your opinion is that Nasdaq will take pity on fcel and grant them more time?...

thats a whole lot of shenanigans for a legit company to get involved with...frankly, its far too much...

Today's filing, obviously, interpretation is important, And what formulates everyone's opinion. An elephant is an elephant, to 98 or 99% of people. 1% will argue just for the case of arguing and the other one percent really don't understand what an elephant is. My interpretation of this filing parallels my previous opinion. I don't believe the board wants to do a reverse split at all. In the good old days, If somebody wanted something outside of the standard or the norm they needed to prove they were actually trying to be in compliance, Like for example if somebody wanted unemployment, They needed to prove they were actually looking for a job and spend time doing such. If you wanted to collect any benefits such as disability or food stamps etc, You needed to wait in lines or see doctors and improve that you should be eligible. I don't know how accurate that is these days, But I'm guessing the company needs to prove they're trying to do everything they can to regain compliance with the minimum bid requirement. Including something that can obviously be monitored like requesting the ability to do a reverse split. Do you think they're actually optimistic about getting the vote? They might get to vote, But I don't see how. Since I'm almost certain every retail investor is going to vote and they are going to vote negatively. I already did. The rumors the individual in this filing are suggesting our opinions, hence rumors. Just like my opinion is Not in line with this one, But I do agree in voting against both options And I've done so myself. Do you think the company can legitimately convince the NASDAQ They did everything possible if they give any indication they don't want people to vote for the reverse split? I believe the vote shoots down the option, And we regain compliance, hopefully in November.

https://d18rn0p25nwr6d.cloudfront.net/CIK-0000886128/e9e2e6fa-941c-4013-a5c6-cc940685b736.pdf

What are Hydrogen Fuel Cell Class 8 Trucks & Nikola's Biggest Challenges

Cars and Culture with Jason Stein
30.7K subscribers
Posted Sep 23, 2024

Steve Girsky, CEO of Nikola Corporation, talks about some of Nikola's biggest challenges and why hydrogen fuel is a viable option for heavier vehicles.

Watch the FULL EPISODE here

" Sales outlook improving"? Expenses far beyond anything the improvement in sales will overcome.
Realize losses will continue through 2029 say the well thought out professionals.
Nothing wrong with hoping it gets to $1. or $1.50 if that's your goal. But for now, its only HOPE and no concrete reason to believe it will.
The R/S is going to kill your share holdings and the dilution from the 500,000,000 share additive will keep a lid on the price.

Yes, it was first announced in January, and I believe referenced in March 24 call and earnings report

Hog, great info, as always. I'm curious about any potential updates on the FuelCell Energy fuel cell part at the Naval Submarine Base in Groton Connecticut. Do you know if it's currently operating at full capacity of 7.4 MW, or still at the the initial reduced capacity of 6 MW? Is the Navy overall happy with its performance so far?

Link to PR when first commercially operational https://portal.ct.gov/oma/in-the-news/2023-news/long-awaited-fuel-cell-park-at-sub-base-becomes-commercially-operational-for-cmeec

"When it's finalized in the next few weeks, fcel will go far over $1- at least to $1.50 where it was before draft rules came out last dec."

i dont think fcel benefits that much from 45v...and any benefit is a long term thing...45v is not like hitting the lottery where you will get hordes of cash....other companies will benefit far more than fcel...they will rise nicely if the regulators make the changes to benefit business...fcel will mostly ride the wave...

"With a sales outlook improving 5x"

5 times "not much" is likely still not much...fcel still loses lots of money...and those losses are projected to continue...

theres a reason that fcel has dropped to 40 cents...theres a reason that Few wants to do a reverse split...clearly Few doesnt see the kind of improvement you are hoping for...maybe its best to see what Few is actually doing and try to figure out why...because he KNOWS what is coming and what he needs to do...and a r/s is a desperation move...

https://www.linkedin.com/posts/fuelcell-energy_it-was-a-privilege-to-speak-at-yesterday-activity-7244430158311342082-Heta?utm_source=share&utm_medium=member_android

HUUUGE from CA, 7 fold increase in investment the past 4 years and 8 fold investment from here needed by 2030
https://www.linkedin.com/posts/california-hydrogen-business-council_hydrogen-hydrogenprojects-decarbonization-activity-7244382582765678592-fWj8?utm_source=share&utm_medium=member_android

https://www.linkedin.com/posts/activity-7237576383961399298-Po8q?utm_source=share&utm_medium=member_android

6 hours ago, Mark Yamauchi from Toyota regarding Long Beach Tri generation.
https://www.linkedin.com/posts/mark-yamauchi-66878912_toyota-toyotaemployee-activity-7244345265648738304-eLgv?utm_source=share&utm_medium=member_android

Googled Fuel cell carbon capture in Canada. AI over view popped up! Copy
AI Overview
+7
FuelCell Energy's carbonate fuel cell technology can capture carbon dioxide while generating power, and is being used in several projects in Canada, including:

Scotford Upgrader
A pilot project is being developed to capture carbon from a process heater at the Scotford Upgrader near Edmonton, Alberta. The project is a joint venture between Athabasca Oil Sands Project, Canadian Natural Resources Limited (CNRL), Chevron Canada Limited, and Shell Canada Limited.

Oil sands extraction
A fuel cell power plant could capture about 28 million pounds of carbon dioxide each year while producing 8 million kilowatt hours of power.

FuelCell Energy's carbonate fuel cell technology works by:
Feeding exhaust flue gases from a coal or gas fired system into the cathode side of the fuel cell
Transferring the CO2 in the exhaust to the anode side, where it's more concentrated and easier to separate
Purifying the CO2 from the anode exhaust stream by chilling it to extract CO2 liquid
Transporting the purified CO2 by pipeline for enhanced oil recovery applications or underground storage

Well written and makes lots of sense. The only thing I would disagree with is on 45v. When it's finalized in the next few weeks, fcel will go far over $1- at least to $1.50 where it was before draft rules came out last dec. With a sales outlook improving 5x and 9 days of si why in the world would it only rally to 0.75, where it was in June?

" I don’t think that they will reverse split right away"

because?...what benefit is there to waiting?...many many investors are on the sideline just waiting...they will not buy until they know a reverse wont happen or, if the vote passes, until it is implemented...they know the pps will drop like a rock when the r/s happens so why would they buy before hand?...

the pps is in the doldrums and fcel, imo, keeps diluting for cash...even if fcel gets back to a buck or more, they will still want to r/s....they announced their desire for a r/s on Aug 20 and the vote will take place Oct 31...thats a long enough wait for something to happen...if nothing happens by halloween, i dont see fcel waiting a whole longer beyond that to what they know they have to do to remain compliant with Nasdaq....

there is a time line involved...they have till the beginning of Dec to get the pps up...theres no guarantee Nasdaq will provide them an extension...i suspect Few wont want to even ask for one...for anyone to think fcel can simply bide their time and be lackadaisical or kick the can down the road, i dont think thats the case...

"Has anyone here thought what would happen if the reverse split is not approved ?"

yea..i already posted on that...i said shareholders will lose money if Few r/s...and shareholders will lose money if they dont...

if the r/s happens, and there is no fundamental change in anything, shorts will jump all over it and short the crap out of fcel immediately after the r/s...and when i say immediately after, i mean within minutes.......if the r/s doesnt happen, fcel will drop down to the OTC and many investors will throw in the towel and take their losses...they have been waiting since $1.50 for the 45v to happen so they can sell a bit higher...now if the 45v happens, they will be lucky to get 75 cents...

as ive said a hundred times, if a stock is not doing what you thought it would and just continues to drop almost daily, that is NOT the time for patience...no matter what hedgehog says...that is the time to be VERY impatient...the time for patience is BEFORE you buy...i am one of those on the sidelines who have been waiting for the right time to buy...but if fcel r/s and gives me the perfect opportunity to short it instead, then i have no problem saying i will short the living snot out of it....

I voted NO on both . $FCEL

Well if the reverse is approved on October 31st then I will have to wait and see how the stocks behaves in 2024. I don’t think that they will reverse split right away so that is why I was saying sometime early in 2025 it most likely to R/S then ….unless there is a big catalyst that could move the PPS above $1.00 in the next 3 months.

Has anyone here thought what would happen if the reverse split is not approved ?

All in my opinion

For those who support FEW as a great CEO, now's the time to support him and vote "YES"
After all wasn't it Hogwash who kept posting how great he was.
Now his vote is NO. That's odd for such a supporter.

https://www.defenseworld.net/2024/09/21/bank-of-new-york-mellon-corp-acquires-114267-shares-of-fuelcell-energy-inc-nasdaqfcel.html

https://www.hydrogenfuelnews.com/investors-exxonmobil-hydrogen-hub/8567015/

https://www.linkedin.com/posts/fuelcell-energy_whw-activity-7242955698962149377-z9bZ?utm_source=share&utm_medium=member_android

https://www.linkedin.com/posts/activity-7237021342749929472-BS6_?utm_source=share&utm_medium=member_android

I voted no on both

But in the meanwhile, consider where the sh/px goes before it does its R/S.
Too late to worry. $.43 should tell you something.

What's wrong with them is they are politicians. Only do what they think serves themselves.

Congress finally agreed and approved 45V law two years ago and Biden signed it.

Since then Biden- Harris illegally introduced new restrictions and has held tax credits hostage.

On the other side, Trump never said 'hydrogen' in 8 years. Now he finally talks about hydrogen cars, only to insanely say they are no good because they blow up.

WTF is wrong with these people?

I’m not worried now about a reverse split happening in the next 2-3 months. FCE has until end of May and most likely be sometime in February or March to do a r/s if it is approved on October 31st. By then I expect 2 things to happen that is very important one being the 45v credits and another rate cut. A possible new contract out of Europe and some ongoing business expansion in Korea and Toyota or even Exxon is very possible by EOY.

All in my opinion!

I guess you followed the Hogwash pump to have added and remained in this stock for so long.
There was sufficient indications that this stock would drop and drop big. Trusted Analysts who do the kind for research that's complete and objective never gave a Buy signal. Zacks waffled back back and forth almost evey month. There were technical signals to Sell, There were continuous losses .
Shorts read them right. There's good reason why they shorted this stock . Buyers dried up. Institutions were dead wrong.
There's more pain coming with the ongoing dilution as they obviously need the cash. Losses will continue. R/S's don't work unless there's profits or the perception they're coming. Both do not exist.
I say stay clear of the Hogwash spin. He misguided the whole board except for the few who knew better.

Agreed. The shorting machine which brought it to present levels, isn't going away after the reverse. I was left with 24 shares after the last one, which eventually ended up under a dollar just before the Biden bump 4 years ago.

almost a year ago, shareholders voted to increase a/s by 500 mil shares...hedgehog and others stated this was necessary for fcel to grow, build, persevere and raise the pps...

well here we are a year later...43 cents and dilution has not helped one bit...

now facing a delisting from nasdaq, a r/s is being requested to avoid dropping down to the OTC...and quite possibly, oblivion....

without a r/s, shareholders will likely lose money...with a r/s, shareholders will likely lose money...

nice choice...

"Ever consider they're pushing for people to vote so they can get the votes in and prove to the SEC They requested a reverse split it was shot down and now they need to request an extension to which they expect to get the share price over $1 and back in compliance without doing the reverse split if given the extension? Or did you not consider that"

more reading comprehension issues?...

its not the SEC thats involved in the r/s...its NASDAQ...and no, i doubt anyone has ever considered your ridiculous suggestion...begging the nasdaq for an extension because your shareholders refused to allow a reverse split?...the stock has dropped to 43 cents....maybe a better way would be to fire your ceo for the utter incompetence that he has displayed and then hire a competent one....THEN ask for an extension...

did you ever consider THAT one?...

I voted against it as well. Historically, it seems that when a company executed a reverse split, it goes down another 25-50% in the couple weeks after, further killing shareholder value. Time for this “Powerhouse Plan” they have been pumping for a few years to actually show some power.

Read post 61301. You'll find the spin as it begins coupled with a bit of imaginary reasons for the request to Vote.
It's a HOGWASH special not to be missed.
They'll be more even more creative than that. It's only just begun.

Hog, I voted against the RS. Is it also your recommendation to vote against it?

Talk about reading comprehension…

When plug announced they were selling equipment to raise cash and you thought that was just wonderful?…

It wasn’t…and investors with good reading comprehension knew that…

Ever consider they're pushing for people to vote so they can get the votes in and prove to the SEC They requested a reverse split it was shot down and now they need to request an extension to which they expect to get the share price over $1 and back in compliance without doing the reverse split if given the extension? Or did you not consider that

Why is Plug down almost 6%?

Why does them asking for a reverse split mean game over? If you've read my post I'm not worried about the reverse split more than I am politics and time. There's no stopping this company They will prosper in a big way patient long-term investors will also. It's imminent. I certainly don't want the Republicans to end up interfering with the IRA. However as stated numerous times FCE is well established worldwide. The globe is committed to our technologies and so Are California and Connecticut. Anyone not seeing that is not doing their diligence or lacks sufficient breeding comprehension skills.

How many times are they going to announce the opening of this single hydrogen truck stop?…

They already announced it was open and operating on Aug 12…

No Surprise here. I kept saying by my posts a 1/25 or 1/50 was likely. It hasn't been finalized but its between 1/10 to1/30

BTW- It only works when there's profits shown or perceived to be coming. According to analysts, losses will continue at least through 2029.
So after a possible initial pop, it returns to its massive downtrend..
GL
PS- Watch for layoffs next and the inevitable spin HOGWSH will put on it.

Hydrogen News: LA Welcomes New Refueling Station!

Hydrogen News
22.4K subscribers
Posted Sep 16, 2024

Tom’s Truck Center has made a groundbreaking move by opening the first hydrogen refueling station onsite at a commercial truck dealership. This significant event took place at their Santa Fe Springs location in Los Angeles County, marking an important milestone in California’s push towards a hydrogen-powered future. Strategically situated along Highway 5, one of the nation’s busiest corridors, this new station is part of the Nikola HYLA network and aims to support the transition to cleaner, zero-emission heavy goods transportation.

Look in your email box. Gulp. Company is pushing for a reverse split 1:30. Game over yet again.

So now they're liquidating equipment to raise cash. Hogwash boasted that they have $300mil in cash. What he didn't mention is much of is " restricted"; that is it can only be used for specific purposes. Thus the need for cash! Thus the liquidation of equpment that sits there doing nothing.
Seems to me LAYOFFS could follow.

Dow , Nasaq, S&P up to records. FCEL down. What's with that. Shouldn't there have been a follow thru ........... if there were buyers there ?

I see we didn't get an invite to the market party.

"That's very good news"

oh yea!...when a company starts selling off its equipment for cash to keep its head above water, its always "very good news"...

SMGDH

That's very good news I imagine a fuel cell got $40 plus million That might help the share price. Is it plug burning over $100 million a quarter?

Posted 3 hrs ago.

big financing news, an immediate $40M+ cash from sale/leasing deal on their hydrogen liquefaction/storage equipment.

Plug just ended up with 523,000 shares traded at 7.55am, it was under 100,000 15-20 minutes ago?

well there was the long anticipated big cut to the interest rate...the one that was supposed to be so good for fcel...down 4%....smh

Key slides from the Mission Hydrogen webinar "Hydrogen Liquefaction", earlier today.
The speaker was the “technological great-great-grandson” of Carl von Linde, Lutz Decker. He is the Chief Technology Officer of Linde Kryotechnik, the cryo division of Linde.

Two words for this company is all you need to know

Reverse split

It’s coming for you

2 reasons contributing to the difference today vs yesterday when FCEL was the biggest gainer by far.

Motley Fool posting INACCURATE info, $120M cash and burning $250M per year. BOTH numbers are wrong! This is posted in at least 3 different articles by MF
https://www.fool.com/investing/2024/09/17/why-fuelcell-energy-stock-jumped-9-today/

Plug on the other hand resolved SEC settlement requirements and avoided $5M in potential additional fees/fines as result.
https://www.google.com/url?rct=j&sa=t&url=https://www.timesunion.com/business/article/plug-power-completes-accounting-fixes-sec-19770680.php&ct=ga&cd=CAEYBSoTNjg5OTc3MDA2NjY1MDk2ODI2MTIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw0Y1wMiG7DrdYDWsHzwLV6o