The answer
Verdict. AVOID as core; rent the catalysts. P(beats QQQ)=0.22 (historical rolling-year win rate vs QQQ: 9.9%); 2x-to-$42 0.40 vs halve 0.75, the most negative skew in coverage. The one new fact: 2026's rally was bought intraday (+287%) against a lifetime overnight-only pattern.
- Revision
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FuelCell Energy (FCEL) — Axion Equity Dossier (the fourth rediscovery)
Verdict. AVOID as core; rent the catalysts. P(beats QQQ)=0.22 (historical rolling-year win rate vs QQQ: 9.9%); 2x-to-$42 0.40 vs halve 0.75, the most negative skew in coverage. The one new fact: 2026's rally was bought intraday (+287%) against a lifetime overnight-only pattern.
Full published report: https://fcel-dossier.us-east-1.gists.org
Read the full report on fcel-dossier.us-east-1.gists.org ↗
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- Revision 1 · Jul 8, 2026
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