time to pick up some SCON @0.33 Superconductor Technologies, Inc. (NASDAQ: SCON) has made an announcement regarding the price factor of a registered direct offering. The offering is of 6,250,000 common stocks at an offering price of $0.32 for each stock. There are prospects of about $2.0 million, as gross earnings from the offering, after subtracting the expected offering expenses.
SCON engages in the development and production of high temperature superconducting materials along with associated technologies.
maybe SCTY, it filled the gap, but still may drop to the 10.5 level. its not a long term stock, no one has a handle on its future value and the market depends on government grants and loans. FSLR may be what is driving that sector, but they have doubled in just 4 months.
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