FCEL had some great bad-news this morning. This has created a huge buying opportunity.
1. nothing has really changed significantly in terms of FCEL's rapid growth rate
2. the 16.2 MW order has increased the backlog by 50%, so - if new orders come in from other sources soon, it will have been as if the Connecticut 16.2MW deal was bigger anyway - after all - it's in backlog behind 25MW's already
3. the 16.2 deal is not finalized until Jan 9th - Connecticut may add more projects by Jan 9th
4. FCEL was just overly crushed and could bounce back to 11.08 from technical market forces dampening
5. if there's a lot of strength right away there could be an easy bounce to 12.10
6. Most Importantly - FCEL should still be able to achieve the "up-to-20% cost reduction in their supply chain via leverage gained from the large scale requirements of the 25+MW backlog - which is not done growing :) - truly these expected cost reductions are a portion of the short term growth which is priced into the stock. "Bear" in mind here, the 9 MW plant will be the largest fuel cell installation in the world...
7. This company keeps good company...ie Board members, DOE, ...x... etc
8. Regardless of how many alternative energy sources are used to power our future, there will always be gases to deal with and special requirements that only fuel cells offer a cost effective avenue for such efforts given current technology streams