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Technology Stocks : FuelCell Energy - going green
FCEL 8.685+8.1%3:49 PM EST

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To: Art Bechhoefer who wrote (95)6/7/2014 11:41:34 AM
From: Dwayne Hines  Read Replies (2) of 211
 
Art,
Have you heard the adage that "you don't have to have a great company to have a great stock?"
If Bloom files an IPO, then the whole sector will have a great story and make huge gains.
That's true already. FCEL went from the $1 range up to $4.75 on Plug's back. I think that FCEL goes to $10 range on Bloom's back.
Sure, you can sit on the sidelines and watch, but that 4x gain, that 400 percent plus, was real for anyone in the stock. And in my opinion, will happen again with Bloom. And more.
This is an exciting sector to be in and investors are starting to buy into the story. The Obama EPA rules and the crisis in Europe and globally for clean energy really gives the fuel cell energy a huge boost.
The clean energy push is not going away, it is only getting stronger.
So yes, it may take a little while for FCEL to get up to full speed, but sometimes investors get out in front of the trend, and it is my opinion that this will happen when Bloom files the IPO. They have absolutely huge backing and will pump the IPO powerfully. I would rather be sitting on the wave than on the sidelines.
Dwayne
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