Another bubble is about to burst in next week!
FCEL is about to experience a huge down gap after its earnings next week. Almost no fundamental analysis supports a 5.6 Billion market cap for a company with a 17 million revenue/quarter. Forecast to become profitable in the next 3 years!
1- Almost 22000% gain in 20 months for a company without any significant change in revenue and EPS.
2-Similar price correlation with SFIX. SFIX experience a 28% down gap after earning calls. correlation study between these two shows a bigger bubble in FCEL.
I believe FCEL makes a perfect case for a huge down gap after earning cal. it is better to insure your stocks with put options
please read my analysis on November 19, 2020, for FCEL with the title of do you believe in HYPE? I put its target at 29.88 when it was just 5.36..! FCEL touched 29.44 on 10 Feb 2021, then experienced a drop to 11.07.
please be mindful of the risk involved in options trading if you want to buy puts!
Moshkelgosha
1- Almost 22000% gain in 20 months for a company without any significant change in revenue and EPS.
2-Similar price correlation with SFIX. SFIX experience a 28% down gap after earning calls. correlation study between these two shows a bigger bubble in FCEL.
I believe FCEL makes a perfect case for a huge down gap after earning cal. it is better to insure your stocks with put options
please read my analysis on November 19, 2020, for FCEL with the title of do you believe in HYPE? I put its target at 29.88 when it was just 5.36..! FCEL touched 29.44 on 10 Feb 2021, then experienced a drop to 11.07.
please be mindful of the risk involved in options trading if you want to buy puts!
Moshkelgosha
