Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of fuel cell developer FuelCell Energy
So what: FuelCell announced today that POSCO
Now what: This is the largest order that FuelCell has ever received and dwarfs the $83 million in total revenue that the company reported over the 12 months ending in January. The company is neither profitable nor cash-flow positive, but management hopes that the higher production levels demanded by orders like this will help drive efficiencies and reduce costs.
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