Jan. 21 at 6:46 PM
$FCEL is only as valuable as the market lets it be.
It has a tiny float, so it can run—if it’s allowed to. The pain point is this: short hedge funds’ job is to keep it from doing a
$BE style escape to
$100+, because if FCEL raises cash up there, dilution stays small and natural gas fuel cells for data centers demand allows profitability to come fast.
If they keep FCEL trapped around
$8, the same cash raise takes way more shares. That’s how stocks get stuck in pennyland purgatory.
Look at
$PLUG: almost half a billion shares diluted down around a buck and about to add 1.5 billion more after a reverse split and add 1.2 billion more at way more cash per share.