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Technology Stocks : FuelCell Energy - going green -- Ignore unavailable to you. Want to Upgrade?


To: Dwayne Hines who wrote (92)6/4/2014 9:54:24 PM
From: The Ox  Read Replies (1) | Respond to of 211
 
For you sake, Dwayne, I hope you are right.

My concerns with FCEL is that they dilute their stock every year and they still haven't achieved profitability. Maybe profitability will come next year but it's questionable how soon that will happen.

Weighted average shares outstanding increased by 30% since last year. Their up to 256 million shares issued in the most recent report, up from somewhere around 75 million in 2009. They've diluted their stock (on average) about 30% every year, for the past 5 years. I understand why and what they are trying to achieve but they've been going to the well year after year.

Keep in mind that sales in the "range of 50 to 60 million dollars" is basically what they did last year during the July and Oct. quarters ($53m and $55m respectively).

It will be interesting to see if all these companies ramp in anticipation of the Bloom IPO. As you can see by the charts in the link you replied to, almost all the companies are trading in lock step. That is NOT encouraging to me. That tells me that it's simply traders playing the trends and that these companies' underlying fundamentals are nearly being ignored.