FuelCell +5.6% on $2.8M continuation award from Department of Energy


FuelCell Energy (FCEL +5.6%) says it received a $2.8M continuation award from the U.S. Department of Energy to showcase the capabilities of its Direct FuelCell power plant for industrial applications; the plant is expected to be operational by the end of this year.

Shares already have jumped more than 60% this week on the back of Plug Power's (PLUG +6.1%) substantial new order for fuel cell-powered forklifts at six of Walmart’s U.S. distribution centers.

Also: BLDP +1.3%, ZBB +2.4%.

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Comments (8)
  • alan ljl
    , contributor
    Comments (271) | Send Message
     
    Marketing-More Marketing.
    How about some substantial News?? ie. EPS, Margins, Losses, Revenues etc, suppose we'll see all the REAL NEWS and DATA Monday after the Bell.
    7 Mar 2014, 11:03 AM Reply Like
  • InItToWinIt
    , contributor
    Comments (23) | Send Message
     
    Marketing? Maybe so.
    But why would FCEL want to release this "marketing" info today - one business day before announcing earnings - if they weren't expecting to release good news on Monday? It wouldn't make sense to pump their shares before announcing bad news...
    7 Mar 2014, 12:59 PM Reply Like
  • speculative
    , contributor
    Comments (1634) | Send Message
     
    I agree. It would have served them better to release after bad news to cushion a drop.
    7 Mar 2014, 01:16 PM Reply Like
  • ruckusnow
    , contributor
    Comments (2) | Send Message
     
    Conclusion, unless management is looking for trouble the news will be good
    7 Mar 2014, 04:33 PM Reply Like
  • rnn
    , contributor
    Comments (575) | Send Message
     
    Up on the news of the new plant that is going to be in operation soon.
    10 Mar 2014, 12:28 PM Reply Like
  • Iahonsen
    , contributor
    Comments (108) | Send Message
     
    It is down for 9% after gaining 17% today, this is a idiotic game with the stock that has no real value.
    11 Mar 2014, 02:32 PM Reply Like
  • Iahonsen
    , contributor
    Comments (108) | Send Message
     
    Sell it before it is not late, or may be it is late already...
    11 Mar 2014, 03:05 PM Reply Like
  • Iahonsen
    , contributor
    Comments (108) | Send Message
     
    Sell it before it is not late, although may it is late already
    11 Mar 2014, 03:08 PM Reply Like
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