This useless stock...
$FuelCell Energy(FCEL.US$ how weak it has been... staying between 3.5 and 3.0 for a while, and it is going down again...
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CMLIN : What …. Deep again !!!!
70628772OP CMLIN: it is around 3.17 - 3.19. I guess tomorrow it will drop again, back to 3.00 or lower. As long as no good news from Russian and OPEC, Fcel will keep dropping. This stock is worse than traditional petroleum stocks like Oxy, Chevron, ...etc. At least their SP stay in certain decent range. But Fcel SP's range is ugly, like 2.5 - 3.0.
CMLIN : So is dealing with Russia and OPEC ?
70628772OP CMLIN: Fcel is a part of energy industry that also includes petroleum industry. Therefore, Fcel sp is affected by OPEC and Russia, and any decisions about crude like stupid G7 cap, 60/barrel.