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Fuel cell shares finish spectacular week of gains

  • The growing consensus is that fuel cell companies are transitioning from money losers to money makers, "similar to where solar was in 2011 and 2012, compellingly priced and poised for share-price increase," and are no longer the pawns of short sellers.
  • Cowen analysts, who helped kick off the craze early this week they said Plug Power (PLUG +26.1%) could amass more contracts with current customers and possibly expand overseas, are out today saying FuelCell Energy's (FCEL +14.3%) Q4 earnings, expected Monday, have the potential for upside.
  • Fuel cell companies are capping a spectacular week: FCEL +79%, PLUG +71%, BLDP +42%, ZBB +132%.
Comments (39)
  • GameKing13
    , contributor
    Comments (343) | Send Message
     
    These numbers are overwhelming.
    7 Mar, 03:30 PM Reply Like
  • alan ljl
    , contributor
    Comments (257) | Send Message
     
    Wait till the numbers come out on FCEL after the bell Monday. Overwhelming will be the description of the substantial losses they typically report. Simply review and analyze the last TEN PLUS quarterly earnings reports and see for yourself what I'm talking about.
    7 Mar, 04:15 PM Reply Like
  • sarichter
    , contributor
    Comments (303) | Send Message
     
    Yep... exactly why I sold all of my shares to cash out with a profit. I'm not taking a chance with all of the stock dilution and losses.
    7 Mar, 10:32 PM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    Knowing when you've made it good is difficult when things are going well. If you're holding a 70% gain, often you decide to hold out for 150% and then when things turn, you hold out until it becomes 0% if you're lucky.

     

    Set your target yield and once reached/passed, get out and enjoy your profits.
    8 Mar, 08:39 PM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    If I were a professional shortseller, I'd be licking my chops right now.

     

    Gains seem too high to hold, that's my personal opinion.
    7 Mar, 03:32 PM Reply Like
  • DFW_to_PHX
    , contributor
    Comments (21) | Send Message
     
    They are way to high to hold - I have flipped it 4 times over the past 3 months for an overall gain of 70% .... Holding isnt always the answer!!
    7 Mar, 04:34 PM Reply Like
  • User 509088
    , contributor
    Comments (1077) | Send Message
     
    you can't say these are overnite sensations tho...
    7 Mar, 03:46 PM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    3000% gain in a few months? Unless these forklifts are substantially cheaper than the standard electric forklift, I don't understand what the big deal is.

     

    If anything, I may play a strangle/straddle on PLUG but I wouldn't hold it. It's going to move big either way and you win with options, not so much if it moves the wrong way holding shares.
    7 Mar, 04:04 PM Reply Like
  • Doewap
    , contributor
    Comments (869) | Send Message
     
    You are not getting it.

     

    These forklifts running on H2 are a little cheaper, a little more productive, a little safer and... MASSIVELY more socially responsible.
    7 Mar, 04:09 PM Reply Like
  • Catsrevenge
    , contributor
    Comments (154) | Send Message
     
    PLUG produces Hydrogen fuel cells for forklifts,not forklifts. Electric forklifts take time to charge,Hydrogen cells just plug and go,saving both time and money... I did about 45 round trips this week scalping PLUG all the way up the ladder for about $4500 in day trade gains, not bad for a weeks work.For me, high frequency day trading works very well. I always try to close all positions by 4pm every trading day if possible and not hold overnight. Buy and hold is such a slow process as well as risky.
    7 Mar, 09:03 PM Reply Like
  • RayeBob
    , contributor
    Comments (148) | Send Message
     
    While not as prodigious as your day-trading, I've been having some success overall over the past year in the general market by just playing volumes traded. Did it with PLUG initially, and discovered an interesting company quite by accident. Will never go back to "buy and hope..ie hold" so trading often enough to keep my realized gains much higher than my current unrealized gains, while maintaining a core position in PLUG, BLDP and FCEL along the way. Surely they'll all re-trace, the question is how far. I'll be there waitin'. Good Luck! Wow...45 round trips in a week...your broker loves you!
    8 Mar, 01:03 PM Reply Like
  • berniespear
    , contributor
    Comments (234) | Send Message
     
    amazing run.
    7 Mar, 03:54 PM Reply Like
  • T-time
    , contributor
    Comments (274) | Send Message
     
    One could also argue that this technology has been undervalued for a long time - and this is a positive correction, with more to come. Wal-mart only opened the start of a potential flood gate by committing orders to Plug Power (but oddly, the whole sector increased!) - and could be these stocks are going to rocket in the next 6 months................... or not! Personally, I am reluctant to sell at the moment - but might regret it short term....
    7 Mar, 04:34 PM Reply Like
  • speculative
    , contributor
    Comments (642) | Send Message
     
    IMO...the technology is receiving acceptance after proving ALL the benefits. It's understandable if companies weren't sold without seeing it work but all that is changing and happening at the blink of an eye.
    7 Mar, 04:49 PM Reply Like
  • jman2014
    , contributor
    Comments (8) | Send Message
     
    PLUG, BLDP, & FCEL are sure to be following the example of solar stocks. I invested in these guys early on (even through a bit of the downfall). Investing early on I could find the great potential for FC's, but was unaware of the cost associated with FC's. Now these companies have figured out how to produce FC's at half the cost they were before. Now your big players (Wal-Mart, Coca Cola, etc.) are seeing the cost savings for themselves.

     

    Another bit of information to consider:
    There has been a sudden boom of companies for developing testers for FC's. These companies have received contracts for producing these testers and are earning millions upfront to get these testers out to companies such as FCEL, BLDP, and PLUG. Think that investors are driving up these prices? I doubt these companies producing high-end equipment for these companies would be committing to such contracts if this turn of events was simply investors driving up the shares.

     

    Just like any technology, investors go nuts as soon as it's released to the public eye, then the issues that already existed come to light. Then it takes some tweaking and further development to refine the technology (just as Apple, Google, Microsoft do year after year). The ONLY issue holding back this technology in the beginning was the cost. Now it's cut in half with risking quality or product performance. Sure, these companies will see resistance to their stocks. I'm willing to bet these stocks show a 50% increase by mid-week in the upcoming week, then a small relapse until this year's 3rd quarter earnings report which will give investors the confidence to realize it's the solar stocks all over again.
    7 Mar, 04:34 PM Reply Like
  • OptionManiac
    , contributor
    Comments (3337) | Send Message
     
    Hope you are right. All new technology is very expensive at first and companies are dissed for not making money immediately (even on this site)
    7 Mar, 05:18 PM Reply Like
  • Paulo Santos
    , contributor
    Comments (19179) | Send Message
     
    No matter what happens to the stocks and their fundamentals, someone expecting a 50% increase by mid-week next week already tells us a lot about the craziness going on ...
    7 Mar, 05:23 PM Reply Like
  • sarichter
    , contributor
    Comments (303) | Send Message
     
    Yep, when others are elated... run scared!
    7 Mar, 10:34 PM Reply Like
  • Sellinpanic
    , contributor
    Comments (644) | Send Message
     
    Though I like PLUG as a company and growth prospects, I just can not anymore understand this meteoric rise as more than a huge bubble going to implode. It's like the companies suddenly changed their business mode in few months and hydrogen will soon be the one and only thing that justifies 15-30% rise per day same time as the companies keep diluting outright their shareholders (PLUG, twice inside 2.5 months)?!?

     

    Even as a TSLA long-term shareholder and witnessing the meteoric rise of TSLA since last May-June, TSLA's rise can be argued on many fronts, starting from the brilliant business plan, disruption of the auto industry, CEO Elon Musk, short squeeze and first profit (even if it's non-gaap as some would remind). On fuel cell stocks none of these facts have been shown, only an expected order from Wal-Mart and speculation of future orders! Please, people, wake up, PLUG is not worth a billion bucks, it needs much more time and things to happen in order to even remotely deserve the promise of it.

     

    And I'm saying this as an investor who will buy PLUG even at a higher price as long as some of these things get proved instead of promises and hype.
    8 Mar, 05:56 PM Reply Like
  • jman2014
    , contributor
    Comments (8) | Send Message
     
    I personally think it should grow around 10-20%, but based on hype and the shorts out there, I expect it to grow in the range of 50% and possibly drop again, but still remaining 10-20% higher than Friday's closing price. I have faith in the fuel cell industry, but there are those who are going to hike it up too fast and take their profits immediately. I'm in these stocks for the long haul. I'm no hot shot investor, but I can clearly see the faith these larger companies have in fuel cells and I see Plug's change of target application simply brilliant.
    9 Mar, 09:19 PM Reply Like
  • jman2014
    , contributor
    Comments (8) | Send Message
     
    Were my predictions right on target or what? I don't think I could have called it any better.
    13 Mar, 01:38 PM Reply Like
  • speculative
    , contributor
    Comments (642) | Send Message
     
    ;-)
    13 Mar, 03:43 PM Reply Like
  • Fotonomad2
    , contributor
    Comments (28) | Send Message
     
    ZBB: Take a look at the REAL FUNDAMENTALS of this company, and realize how insanely overvalued it is. Just 4 months ago, the New York Stock Exchange (NYSE) forced them to execute a 5-1 reverse split because ZBB's stock price was lower than the minimum dollar amount to remain listed for trading. If you don't know what a reverse stock split is, do a bit of reading - it is the act of desperate last resort to keep a company from being de-listed for trading through a major index, such as the NYSE or Nasdaq. Next, go to ZBB's public website, ZBB energy, click in to the section about company news and reports, and take a look at their
    last quarterly report. The performance of this company is an ongoing disaster by any possible measure. Are the shares worth more than double today then they were last week? Of course not - they are just riding the wave of amateur momentum buyers who are driving PLUG and BLDP and FCEL in to the stratosphere. ZBB traded 50 times (50X) and went up over 45% in price in a single trading day this week - with NO NEWS of any special activity within the company. This price and volume action was so stunning and out of character that the New York
    7 Mar, 05:23 PM Reply Like
  • bd4uandu
    , contributor
    Comments (1840) | Send Message
     
    Shhhh Let the people buy it if they want to. It's probably the pot people looking to diversify. Although a profitable quarter could really change things. I am not sure they have it in them.
    7 Mar, 07:32 PM Reply Like
  • LYogi
    , contributor
    Comments (2196) | Send Message
     
    BLDP just announced a profitable quarter....
    7 Mar, 07:44 PM Reply Like
  • bd4uandu
    , contributor
    Comments (1840) | Send Message
     
    I was talking ZBB
    7 Mar, 07:50 PM Reply Like
  • FCHopeful
    , contributor
    Comments (12) | Send Message
     
    When $PLUG hit $4.00, a saw numerous posts asking..."How could these shares possibly go any higher? $PLUG is way overbought!" And most of these posts from folks boasting their keen stock analysis. Be skeptical of anyone who says, they "know for sure" what a stock is going to do or where the high is.
    7 Mar, 05:23 PM Reply Like
  • Fotonomad2
    , contributor
    Comments (28) | Send Message
     
    ZBB: Take a look at the REAL FUNDAMENTALS of this company, and realize how insanely overvalued it is. Just 4 months ago, the New York Stock Exchange (NYSE) forced them to execute a 5-1 reverse split because ZBB's stock price was lower than the minimum dollar amount to remain listed for trading. If you don't know what a reverse stock split is, do a bit of reading - it is the act of desperate last resort to keep a company from being de-listed for trading through a major index, such as the NYSE or Nasdaq. Next, go to ZBB's public website, ZBB energy, click in to the section about company news and reports, and take a look at their
    last quarterly report. The performance of this company is an ongoing disaster by any possible measure. Are the shares worth more than double today then they were last week? Of course not - they are just riding the wave of amateur momentum buyers who are driving PLUG and BLDP and FCEL in to the stratosphere. ZBB traded 50 times (50X) norrmal volume and went up over 45% in price in a single trading day this week - with NO NEWS of any special activity within the company. This price and volume action was so stunning and out of character that the New York Stock Exchange (NYSE) contacted ZBB for comment. ZBB refused to reply. I am short on this stock. In all of my years of trading, I have not found another Short opportunity as compelling as this one. If you doubt the accuracy of any of the claims I make in this post, you can easily verify them all in less than 15 mimutes by going to Marketwatch.com and typing in the ZBB symbol.
    7 Mar, 05:23 PM Reply Like
  • Paulo Santos
    , contributor
    Comments (19179) | Send Message
     
    Fotonomad, you might be right on everything you say, but with ZBB having less than $40 million in market capitalization in the midst of all this craziness, it's incredibly risky to be short that stock.
    7 Mar, 05:27 PM Reply Like
  • ted lujan
    , contributor
    Comments (703) | Send Message
     
    Logic says this stocks are good shorts. However logic also says the risk for this stocks can also rise to infinity. It is always risky to be tail end Charlie.
    Good luck all, whatever you do.
    7 Mar, 05:26 PM Reply Like
  • marpy
    , contributor
    Comments (748) | Send Message
     
    you can call it the Putin bounce! ;-)
    7 Mar, 05:39 PM Reply Like
  • manfredthree
    , contributor
    Comments (1825) | Send Message
     
    Huh ? Of course the stock needs to be shorted, otherwise how are all those shorts from 3 and 4 weeks ago going to cover their shorts ? We think so..

     

    There was a time when market caps of $1 billion were big. They are not today.
    It is extremely risky to short small cap stocks. What is even more irrational is shorts who believe negative analysis will convince investors. Generally, they are simply not digging deep enough as we saw with TSLA and GMCR. Better be sure of your knowledge if your going to be short. PLUG is not your safe short candidate.
    7 Mar, 10:24 PM Reply Like
  • Mortonk
    , contributor
    Comments (171) | Send Message
     
    Everyone seems to be shorting this stock and Tesla because of the sharp rise in share price, one could also say as a contrarian......that it my continue to rise.....when the CEO admits they've been losing millions but they will make a profit this year on the back of Wall Mart working with them and buying into them, this is an inflection point.....! If indeed it does drop for whatever reason analysts give next week, buy on the dip.......!
    8 Mar, 03:14 AM Reply Like
  • wwsaj23
    , contributor
    Comments (2) | Send Message
     
    Smart moves
    8 Mar, 10:28 AM Reply Like
  • GainMoneyMoneyGain
    , contributor
    Comments (11) | Send Message
     
    IMO I feel it's too risky to hold through the earnings call... Given the track record of poor earnings I feel like it would be less like investing and more like a craps shoot.
    8 Mar, 02:07 PM Reply Like
  • Hendershott
    , contributor
    Comments (1558) | Send Message
     
    Buy the anticipated dip?
    8 Mar, 05:49 PM Reply Like
  • High Tec
    , contributor
    Comment (1) | Send Message
     
    I saw fuel cells performing at UC Irving. I was amazed! Fuel cells will be in our homes, cars, and power plants in the future.
    9 Mar, 02:53 PM Reply Like
  • chasing money
    , contributor
    Comments (4) | Send Message
     
    I will buy and hold plug, because businesses today are looking to save money anywhere possible; and from how it sounds, fuel cells will cut costs, and time. This equates to more profits and productivity. Now tell me, what company with the means to do so, isn't going to capitalize on fuel cells.
    9 Mar, 02:54 PM Reply Like
  • RayeBob
    , contributor
    Comments (148) | Send Message
     
    Just try to take some profit along the way. It's simply amazing how much misinformation, bias, purchased celebrity opinions and hidden agendas exist in any media you choose. No matter what sort of investor/trader you are, seeing through the bs is a challenge. Some posters on SA occasionally get a little snippy when they temporarily forget that we are all trying to make some money, in our own way.
    13 Mar, 04:30 PM Reply Like
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