Replies to post #4967 on Beacon Power Corp. (fka BCONQ)

[onesevenus]

lofa, that is another up to 6 mil shares to unload, potentially!

I would expect 2.52 to be resistance, but it may work as support until criminals exchange hands and allow for all common warrants (4 Mil) to be unloaded onto unsuspected and then let the support go away, to find new bottom NT.

It is ridiculous, the game they play.

Unless, they are buying time for some great PRs nearterm, that can pull the whole thing to new levels. Still it will be very bumpy road, once it gets over $3 shorts will jump on, until BCON gets some real revenue.

At the end I believe in technology and company, but it will certainly be a test of patience and stamina to stay with BCON shares.

The best thing, IMO, that could happen to BCON right now, would be one or two turnkey plant sales, hopefully abroad. That would mark the start of the whole new era for BCON.

[RKH]

"Criminals always get there (sic) due."

LOL If only that were true.

The situation with BCON regarding financing has been going on for some time. It's also not unique to BCON, by any means. Nor is it illegal.

The "criminals" first short the hell out of BCON, then provide financing that allows then to cover with the cheap shares BCON issues. Lather, rinse, repeat.

Unfortunately, with no real revenue to report, and a company which is trying to grow, this same scenario may continue for some time.

Until BCON really establishes itself (if that actually happens,that is) they will not be able to get the kind of financing that they need; the kind that doesn't put the share price in peril.

I know you're aware of all of the above. It's just your last sentence that cracked me up.

(By the way; some of those criminals conduct business out of the Caymans. The SEC has always had problems stopping the activities of those guys.)

Have a good weekend!