Energy needed at FuelCell
FCEL has had a promising push mid summer getting to near $3. 50 a share but sadly that momentum was shortlived and rightly so. Without serious change in how the business operates and a push in sales, FuelCell's $8 million contract from the DOE will be nothing more than the proverbial dutchboy fingerhold holding back a dam of issues that will not see the company become profitable next quarter.
FuelCell has hope and its not out for the count. As renewable energy outlook is now looking as the cheapest form of energy currently available, more and more utility and manufacturing will look to transition. This gives FCEL abundant opportunity over the next 10 years to be an industry leader to revitalize and reenergize its own sales.
Outlook in the immediate future is uncertain and would recommend to hold. But if you have an eye for the future and FCEL not only outlasts the storm but rides the waves of invigoration, you will not find a better chance to get in at the bottom and make some money in the long run.
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Master's in Econ and Finance and am well versed in trade
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FiveHundredCents : Institutions know better..it will be a hottest stock soon .every 401k will be asking for clean energy portfolio soon..They have to gather at cheap now ..with the help of shorties of course.. Twenty........... $20.20 soon..they will let go soon.............
Musk Fan : Thanks for the insight, I haven't look into FCEL and will do.
Methods : You were saying?