FLNC fundamentals are weak due to lowered guidance and expected EBITDA decline; slow growth makes it unattractive to own.
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Fluence down 20. I don't know why it has to be an equity raise. Fluence, no, they cut their outlook from 3 billion to 2.4. And now they're expecting a 200 million adjusted EBIDA decline versus a 10 million decline year-over-year.
When the fundamentals are this [ __ ] that's when you get scared of owning onto a stock. When growth goes down in a market where if you're a growth stock, you cannot have growth, especially with higher interest rates, you can't have growth slow down.
Is this one of those names uh a subscriber seller on X was uh pumping not that long ago or there's a few people shilling this name on it? Chris unfortunately has it in his draft.
He never like was convicted on it but he thought like it was an AI energy play.
So curious, I don't follow that name um too much, but what what is it try? Is it fuel energy like behind the meter style things? If anybody knows, I'm not sure.
When I see those types of tickers go viral, I've just gotten to the point of staying away. I mean, they people started pumping this thing. It's a one. It's now it's a $800 million market cap.
Yeah. I mean, this thing was 29 in February. So, people were basically pumping it at four billion with barely any revenue. Chris has this at an average cost base in the draft. He doesn't own it in his like it's just a game. $24.80. It's seven.
I'm sure there's people that actually bought it in their portfolios way higher unfortunately, you know.
Look, it's a popular ticker. It went viral. It happens. But if there's no real growth and you can't trust management like like EOS and on T1 energy, all this [ __ ] Bloom's the only real energy name that's made sense all year outside of like oil and gas company.
What this channel has said about $FLNC
Jose Najarro Stocks has only this one call on this stock.