Fuel Tech, Inc. (FTEK)
The Company has two technology segments which provide advanced engineering solutions to meet the pollution control, efficiency improvement, and operational optimization needs of energy-related facilities worldwide.
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Very volatile but we have to clean up, and they just picked up another good contract.
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A play on clean coal technology and China.
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I agree that coal will have to be part of our energy mix, especially as we become more self-sufficient, so if we can clean it up, more to the good. Can this co. really have NO long term debt (Yahoo Finance)?
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Liked it in the past as it was a winner for me twice in the short term and now seems like a good entry - albeit this is on the highly speculative/risky end of the call spectrum for me (just check p/e for starters) - and it is betting somewhat on favorable political influences for FTEK and the industry sector to beat S&P
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I can't figure out what to make of this stock, which probably means I should keep my mouth stuff. Still, when I see a supposed 5-star stock with fundamentals as bad as this, I have to say something.
While the lack of debt is certainly a good thing, I simply can't figure out why you'd pay more than 3 times book value for a company with earnings this inconsistent. They're all over the place, and have been losing money for about a year now. Investment returns are also unreliable.
A lot of people like the clean coal business, but that looks too much to me like betting on politics, which is not something I'd want to screw around with. The free-market guys (like me) are leery of the incentives and regulations that make clean coal tech a rational investment for energy producers, and greenies don't like coal at all.
Bottom line: At this price, Fuel Tech is just too speculative for this market.
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Good growth and earnings ahead.
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The U.S. Congress may pass a Clean Energy Plan and Act in the next year or two, but it will take another 4 to 5 years thereafter to implement it. In the mean time, consumer demand for energy will continue to grow and will begin to exceed the ability of our servicing utilities to supply it. Only pieces of the wind and gas resource supply options have been developed and are currently connected to the current patchwork grid. And to date, few politiians have been willing to actively promote further expanding the nuclear energy option. We are left with having to make improvements in the energy distribution system now in place. This means cleaning up our coal burning electrical production facilities. While there are a number of industrial engineering firms that specialize in fuel fired boiler efficiency while reducing harmful effulent emissions, FTEK has demonstrated it is the industry leader in this technical field. Currently no other firm has the total package of boiler preformance assessment, boiler design modification, boiler installation and boiler system management.
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We have a lot of coal to use and this company has the right stuff to insure the companys don't foul the air. With FTEK's equipment we can use more of the less clean coal but scrub the exaust before it is discharged. I am buying in small amounts all the way to $12, then I will research it further.
Ev
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Very good for long.
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One of the largest air pollution clean up company. And their are some 218 cities in the U.S. where air quality is poor to hazardous.
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great long term opportunities here. clean coal....
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A long-term play based on the emergence of more affordable solar power.
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I like their clean air initiative in China. Goodness knows China needs to clear their air.
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Bought at 9.78
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Short ratio of 23, and yet its way off it's lows but way off the highs instead. G keeps increasing and these companies should benefit. Z-Score is 16.5 so I doubt they'll be going bankrupt any time time soon. And at the same time I could see idiots pricing this one with a P/E of over 120 in a bull market. I just think their is a ton of potential upside, with downside, being very limited, and only short-term
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POLLUTION TX
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With production off in most coal related industries, it will be a good time for partial shutdown and instalation of Fuel Tech products. Green will still be in vogue even in a down economy.
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A Tiny Gem
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Expensive even at $9, but tremendous growth potential.
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If coal has the future I think it does, even though very speculative, it is hard to see how FTEK will not share in it.

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