$FCEL following almost the same playbook as a previous position of mine, $GMTX. There will be more pain than a buyout IMO. The initial pop actually surprised me, this is more what i was expecting to have to endure.
$FCEL lower price is the solution for THE event. not sure what, but its coming, only a matter of time. no reason at all for these significant downturns. See my comparison to $gmtx who eventually got bought out.
On days like this with $fcel I run comparisons to similar companies like $GMTX and get back to the roots of why I got in. Interestingly, the AI thinks my investing style is similar to Howard Marks of Oaktree Capital. @FCEL_Corporate is a "fat pitch" set up as Mr. Marks would say according to Chat GPT! lol $CHK $TRMD $GTX
@StockBraker Thanks. I still maintain the reason I was ”lucky” with $gmtx is because of a very calculated move I made having to do with the BALANCE SHEET, the same move ive made now with $fcel. I would have never bought it if it wasnt at the right price relative to assets/shares outstanding.
those similarities exist whether you choose to acknowledge them or not. we will see if my luck continues.
In the meantime, lets remember the wise words of Earl Wilson who said ,
”Success is just a matter of luck, ask any failure”.
GLTYT!
@StockBraker also, youre talking about 30% downward moves etc. this thing resulted in about 5x for me at one point. so it didnt matter if $gmtx went down 30% before $iron quadrupled or 5xed etc.
it mustve been the timing as you say, however, as i said, i picked a certain level and time for a reason because of current assets vs total liabilities.
same reasoning im using now
@StockBraker By the same standard, its misleading for you to make a blanket statement saying it was a bad deal. it wasnt a bad deal for everyone.
I CAN make a statement like that because the means in which I found $GMTX are the SAME as the way I found $FCEL. The assets became unreasonably cheap eg. less than 33% less than NET current assets/share. Thats when i started buying and it resulted in a significant gain. Same strategy being employed here.
@StockBraker sir, you are mistaken. $GMTX holders got shares in $IRON at a premium. i still hold them in one of my accounts. Ill attach the screenshot. they were received at a premium and $IRON went up significantly afterward also. they still show up over 40% even after falling and all this market turmoil.
$GMTX was a de-spac, I remember that. However, I did not know Disc Medicine used their merger to go public. Thats interesting but I wouldnt say that makes the comparison apples to oranges. $XOM was just an example company.
Im glad you brought that to my attention. This broadens the horizons for FuelCell as other avenues for M&A. The main points in comparing the two was the low market price of the assets on the balance sheets.
$FCEL VERY interesting discussion I had with A.I. Comparing previously mentioned buyout of $GMTX by $IRON. I made it into a document which can be downloaded. Check it out: https://spaces.hightail.com/receive/7AZOWCLiqa/cHJlbWllcmVudGVycHJpc2VzZXJ2aWNlc2xsY0BnbWFpbC5jb20= $XOM $PLUG
$FCEL regarding earlier messages I had comparing this stock to that of $GMTX. Another similarity is you have a company which appears to be in a weak yet FUNCTIONING state which is trading as if its totally dead.
Sometimes public listing does nothing for investors but cause pain, and when this happens, eventually, somethings gotta give. This further supports my idea that we will get a merger or buyout of some kind.
ps. No Im not a bear using reverse psychology to discourage investors. Im talking facts which anyone could see from the price action of this thing basically since its went public. Theyd be better off selling their assets and letting another company take the ball. I believe this is what will happen eventually, and I believe we will be paid well for it!
@choyler97 @lookingaroundhere One other company i remember had a balance sheet like this, with price per share this much disconnected with net current assets Per share. A company called Gemini therapeutics, $GMTX. Long story short, They were bought out by a company called DiscMedicine, $IRON. holders of GMTX from the time I began looking at it, were given shares of iron and basically 5X‘d their money at a minimum.
