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RoboTrader

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RoboTrader

Re: Ecomike post# 5709

Monday, 11/21/2011 2:41:53 PM

Monday, November 21, 2011 2:41:53 PM

Post# of 5964
What event do you think will bring around a second bottom?

I suspect the bottom has already hit. If Beacon announces they have financing, the current price per share is going to get left way behind. If they announce a buyer for the NY plant, the current price is going to get left behind. DOE has already approved Beacon's use of the collateral cash, this means they don't need to go to a creditor for a DIP fund, and DOE has given Beacon $24M for the Hazel plant.

Not sure what event would cause it to drop anymore with such a small O/S float?

\\//_

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