Replies to post #3789 on Beacon Power Corp. (fka BCONQ)

[johngoodboy]

I hear ya G. Maybe after the plant is built it will fly. I really thought it was going to go 1.50 to 2.00 after the doe loan and it didn't. I did sell half at 1.01 and the rest at.85 so I came out pretty good. Watching very closely for rumors or as you say bottom fishing. GL

[read_this_n0w]

IF the bi monthly dilutions indeed stop and are not extended this month, then bcon might be close to a bottom range here .60-.65.
the bi montly dilutions were scheduled to run untill last week, after which the company can extend them untill a total of 15mln in dollar value is diluted, since past months the dilution had been 1.5mln shares per two weeks, they allready have received a substantial part of that total money.

If the dilution program is extended to fully utilize the 15 million, than its another matter and lower lows might be possible.

I think odds are good of bottom forming in current zone.

Starter position