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BCON - Sector: Utilities --- Industry: Electric Utilities

Started by jeff46902, June 05, 2005, 10:23:15 PM

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shawFund

Will be a buyer whenever the price dropped to $1.80. Three months low is $1.70 (only one day), next low is $1.75.

Trading strategy:

"In around $1.80, out around $2.10."


Melf Elf

#331
Quote from: shawFund on February 08, 2006, 03:15:30 PM
Will be a buyer whenever the price dropped to $1.80.

shawFund,

I'm on my third re-entry into BCON since December 5.  My goal at this point is to hang on to some of the 14½% gain that I banked on the initial trade, and the last two re-entries, so I'll exit at 1.85, a break of the Ascending Triangle.

Quote
Three months low is $1.70 (only one day), next low is $1.75.

I hadn't realized until this afternoon that this could be a Bullish Wolfe Wave.  If it is, we could rally from today's fourth tag of the trendline at 1.85, or rally  off a Wave 5 "fakeout" to the downside, at your numbers, or below.  I prefer the former (hold at today's 1.85 low), since I'll be stopped out on the fakeout. 

I always can enter for a fifth time later on.  ;D

Off today's 1.85 trendline bounce, BCON currently is BID 1.92...ASK 1.93

RALLY, YOU DEVIL  >:D
Quote
Quote

Lucas Scott

Hammer-time! Strong rally into the close on a nice volume pop in the last 15 minutes of trading. It's good to see buyers showing RESPEK for BCON's trendline.
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

Melf Elf

Quote from: Lucas Scott on February 08, 2006, 04:32:19 PM
Hammer-time! Strong rally into the close on a nice volume pop in the last 15 minutes of trading. It's good to see buyers showing RESPEK for BCON's trendline.

Luke,

I'll say!  Where have those guys been?   ??? 

That's a nice Bullish Doji-Star Hammer, now we need some upside follow-thru.  Flirting with that trendline has gotten real tiresome.

Quote from: Melf Elf on February 08, 2006, 03:55:14 PM
I hadn't realized until this afternoon that this could be a Bullish Wolfe Wave.

Sorry, that's wrong.  This pattern can't be a Bullish Wolfe Wave because it has an upward slope, against the direction of the Lead-in, which was down.  Scrap that idea...we're back to the Ascending Triangle.

If 1.85 breaks, that's a violation of a re-validated trendline, and I definitely will sell that. 

NO MORE TORMENT, YOU DEVIL  >:D

Lucas Scott

Melf - I can't take the torment any longer. I'm out @ 1.87. It has stayed above that $1.85 must-hold support line, but the thing is if that line doesn't hold BCON could crater in the blink of an eye. I also don't like the quiet slippage we've seen the past week below the 200dma. If it runs tomorrow though, you know I'll chasing it like a wild dog ::)
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

Melf Elf

Quote from: Lucas Scott on February 13, 2006, 03:42:47 PM
Melf - I can't take the torment any longer. I'm out @ 1.87.

Luke,

I can't blame you at all, and I agree that it could crater if support breaks.  If I didn't have the gain on my last three trades for some protection, I think I'd join you.   What a pain, watching this thing!

STOP THE TORMENT  >:D

usedcasting

Hmmm!,their's that news!

Beacon Power Announces Successful Completion of Flywheel System Acceptance Testing by NYSERDA
Wednesday March 1, 1:53 pm ET
New York State Energy Research and Development Authority (NYSERDA) and U.S. Department of Energy Approve Demonstration System Shipment

WILMINGTON, Mass.--(BUSINESS WIRE)--March 1, 2006--Beacon Power Corporation (NASDAQ: BCON - News), a company that designs and develops advanced products and services to support more stable and reliable electricity grid operation, announced that it has successfully completed the pre-shipment acceptance testing for a scale-power Smart Energy Matrix demonstration unit, built under contract to the New York State Energy Research and Development Authority (NYSERDA) and the U.S. Department of Energy. The acceptance tests were conducted at Beacon Power's facility in Wilmington, Massachusetts. The system is expected to be installed and connected to the grid at the demonstration host site in Amsterdam, New York, during March 2006.

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"We are pleased that Beacon Power's Smart Energy Matrix demonstration system has completed factory acceptance testing, which is the last milestone prior to shipment," said Peter Smith, president of NYSERDA. "This project is part of NYSERDA's continuing commitment to identify and deploy advanced technologies that have the potential to improve the reliability and performance of our electrical grid infrastructure, for the benefit of consumers in New York State."

"Successfully testing and gaining approval to ship our second Smart Energy Matrix demonstration system is another step toward proving that our flywheel technology is viable for wider commercial deployment," said Bill Capp, Beacon Power president and CEO. "With one demonstration system already in California and this one soon to be installed in New York, we can show how Beacon's high-energy flywheels provide a cleaner and better-performing alternative to conventional fossil fuel-based frequency regulation services - and do so cost-effectively. The NYSERDA system was enhanced to enable it to also provide uninterruptible power to the site, as well as volt-amperes reactive power, or VARs, which help stabilize power to electrical equipment. Having these additional capabilities allows us to demonstrate that the Smart Energy Matrix can also meet the technical requirements for several other commercially viable applications," Capp added.

During the acceptance testing, the ability of Beacon's Smart Energy Matrix to follow signals required for frequency regulation and to provide VAR support was confirmed. Testing for these functionalities involved verification of key performance parameters including: system communications (with a new graphical user interface that further simplifies monitoring and operation); compliance with a range of application-specific charging and discharging profiles; and demonstration of normal system operation and shutdown modes.

In addition to supporting the system demonstrations in New York and California, Beacon continues its progress to develop its next-generation 25-kWh flywheel, which will be the core component of the full-power Smart Energy Matrix. That project remains on schedule, with a prototype expected to be ready for testing in late 2006.


uc.
Know when to hold'em, know when to fold'em

ScottishTrader

Who's gonna win the big gainer contest today???

GatewayStocks

this board should be moved/copied to the regular section and JMHO and no need to reply.....wtf

Buy any dips

setravis

Somebody help me out here !  ;D
Is today's move going to get me out of the "Red"  ???
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

GatewayStocks

Hurricane season is only 98 days away... that should be good for BCON

Holygrale

Buy Coverage initiated today on BCON..................Im in at $1.70.............

Chart looks good too, trending up............


AP
Beacon Power Shares Up in Positive Report
Monday March 20, 9:16 am ET 
Beacon Power Shares Climb After Analyst Starts Coverage at 'Buy'


NEW YORK (AP) -- Shares of Beacon Power Corp. climbed in premarket electronic trading Monday, after an analyst initiated coverage on the sustainable energy storage company with a "Buy" rating.
Wilmington, Mass.-based Beacon's flywheel technology "should enable significant cost savings to utility providers by providing a clean and efficient alternative to the incumbent technologies," wrote Merriman Curhan Ford analyst Brion D. Tanous in a client note.

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"Nearing the completion of final validation testing, the company is positioned for significant penetration of the $500 million annual U.S. market," the analyst wrote.

The company's environmentally friendly flywheel technology provides uninterruptible electric power for communications networks, computers as well as industrial manufacturers.

Shares jumped 9 cents, or 5.7 percent, to $1.68 in premarket trading on the INET electronic exchange. Shares closed at $1.59 on the Nasdaq Friday.





Holygrale

This showing signs of life...........

Holygrale

The charge to $2.00 continues, nice action today so far...........

setravis

Appears to be rebounding.
I'm still somewhat in the red, but I'm not giving up the ship..... ;D
Looks good at this price,Other Utilities Co's considering BCON's tech.

Volume: 7,286,095
Avg Vol (3m): 2,213,410

Technicals
Most Actives

Last Price Quote is:
9.77%above 13-day EMA
5.98%above 50-day EMA
RS Rating: 49 

Fundamentals
Earnings Expected on Apr 6

Key Data:
Market Cap (M): $109.14 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Buy
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis