Beacon Power Corp. (fka BCONQ)

[RoboTrader]

Holy smokes! (ha) That's why they say never go all in on a stock. ;)

A few court dockets were released yesterday relating to some financial incentives to employees for staying on until the sale of some of the assets or possibly all of the assets. I think that's what's causing traders to exit from here.

This is a situation (like that gold mining company) where you don't want to be averaging down until you know how things are going to turn out. I'd rather chase a stock up knowing I'll be making money rather than sink cash into a stock not knowing where it will end up.

For me the key is whether or not they get capital from those strategic investors. I'm not putting any more into this until I hear about that, I can afford to lose what I have into it.

\\//_