Jul. 14 at 3:50 PM
$FCEL Not going to retrace downward from here I guess, if the shorts were in control I think they would have already manipulated down. What your seeing now is buyers sitting and waiting for a drop, once the reality that the folks holding shares long aren't going to dump either, that's when the next legg up starts.
If you have done even a little DD you know the last shoe to drop for us bulls is one more deal, that should be 100MW or more given the average stated from Few as 130MW in the CC.
5GW in negotiation, Torrington expansion already in motion=cash raise for that purpose, and hiring to meet that kind of demand.
The recent upgrades are for what is already known, analysts never go too much beyond what is already proven.
So once that deal, or deals with a hyperscaler are known, all of those upgrades become old news and a whole round of upgrades to encompass the new deal/deals are primed and ready for posting.
BTW those companies that do the upgrades are here stealing shares today
