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

[setravis]

Now how about that move.......
Closing in on the "Golden Cross"!

News is overdue.......any news and were off to the races.
Extreme bullish moneyflow.
Looking very good...tomorrow could be a very interesting day!
All JMHO of course...

Beacon Power Announces Election of New Board Member
Nice day...Volume and price action...
Bounce of the 61.8% Fibonacci retracement,Back above the 13-day MA !
Stochastic way over sold.                                           
The "Golden Cross has occurred.......

52wk Range: 0.74 - 2.37
Volume: 8,074,525..............
Avg Vol (3m): 1,656,770                                                 

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
11.75%above 13-day MA
42.95%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $119.87 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

[setravis]

Things are looking up!
Symmetrical Triangle (continuation) Pattern,
With a nice BreakOut! Back above the 200-day MA

Break above resistance.......

BreakOut above the resistance with strong conviction.......
Another play in energy field is BCON, buy any pullback !!!
Whose T/A is shaping up similar to WWAT.OB

Float (mil) 68.56.......Shares Outstanding (mil) 71.35

In Play: Beacon Power.......
Back in Compliance with NASDAQ Continued Listing Requirements,
and the move north continued !

It's no secret that money is flooding into the alternative energy sector.
A speculative technology startup such as Beacon Power Corp , on the other hand, is likely to be even more volatile, having dropped almost 80% in a little over a year, and now looking as if it is headed into an upswing.

Beacon is not a company that looks particularly attractive fundamentally at the moment.

What, I like about Beacon...
a) A technology for which I can see applications not only 20 years down the road, but now.
b) Research and development partnerships with one or a couple of reputable entities out of which a steady flow of good news streams out...in this case the US Department of Energy and the states of California and New York.
c) Low trading volumes and no upside momentum, which provides plenty of attractive entry points.

Now how about that move.......
Closing in on the "Golden Cross"!

News is overdue.......any news and were off to the races.
Extreme bullish moneyflow.
Looking very good...tomorrow could be a very interesting day!
All JMHO of course...

Like BCON ? 
If you like flywheel technology, ALTI is another potential winner for improving the grid. They have an agreement to work with AES, one of the world's largest utility companies, to develop energy storage which would compete with BCON. Supposedly, ALTI's technology may be faster at releasing energy into the grid than BCON, and since it has no moving parts, much less can go wrong with the system. Also, if your betting on grid infrastructure improvements, look at CPTC, who makes a transmission cable that can transmit 2x more energy and doesn't have the sag problem with conventional cable. They also make one of the most efficient wind turbines available. Lots of potential, but lots of debt. 


Double Bottom (reversal) Pattern,
at the $1.40 area, at the 50-day MA.

52wk Range: 0.74 - 2.37
Volume: 678,242
Avg Vol (3m): 2,461,460

Technicals
Percentage Gainer

Last Price Quote is:
1.34%above 13-day MA
11.68%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $103.79 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

[setravis]

Got an update
Go here for my 2 cents worth....... 

http://www.3stocksonfire.org/trading/index.php?topic=7502.135

[setravis]

Got an update,
Go here for my 2 cents worth....... 

http://www.3stocksonfire.org/trading/index.php?topic=7502.135

[setravis]

The BCON Threads in Previous 3SOF Picks
Have been merged.
Got the go ahead to do so from Ramsburg.
I will be working here on this board to merge other threads also.

I will leave you Friday's closing chart while I'm in this thread....... 

Good trading to all !   

Regards,
Your fellow trader @3SOF
setravis

[setravis]

Worth an updated look...


52wk Range: 0.74 - 2.37
Volume: 2,282,493
Avg Vol (3m): 2,092,280

Technicals
MACD - Bullish
Percentage Gainer

Last Price Quote is:
15.30%above 13-day MA
21.75%above 50-day MA
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $103.00 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

[setravis]

Worth the the time to let you see today's closing chart.......

[setravis]

Here's you an update.......
Stochastic Graph suggest an entry point . Oversold !
Are you ready to rumble... Lot's of potential...
A Double Bottom (reversal)Pattern
Into a Symmetrical Triangle (continuation) Pattern,
Are you ready for a BreakOut... Indicators looking awesome!!

52wk Range: 0.74 - 2.37
Volume: 7,712,363
Avg Vol (3m): 2,191,550

Technicals
Close Above the 13-day MA
Most Actives
Percentage Gainer

Last Price Quote is:
10.85%above 13-day MA
19.34%above 50-day MA
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $118.45 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

[setravis]

Press Release Source: Beacon Power Corporation


Beacon Power Successfully Completes Critical Testing of Smart Energy 25 Flywheel System
Wednesday September 12, 10:16 am ET 
Company Achieves Successful Results Over Full Range of Performance Tests;
Remaining Parts for Initial Commercial Systems Released for Ordering


WILMINGTON, Mass.--(BUSINESS WIRE)--Beacon Power Corporation (NASDAQ: BCON - News), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, today announced that it has successfully completed all critical performance tests on the Smart Energy 25 flywheel, and is moving forward to order the remaining materials necessary to build its first 10 commercial flywheel units.


The critical tests that the flywheel passed included "lift-circuit failure testing." This involved powering the Smart Energy 25 system up to different speeds, including its top speed of 16,000 rpm, and disabling power to the magnetic system that lifts the spinning flywheel within its vacuum-sealed container. The hardware components that Beacon redesigned following a test malfunction in December 2006 were successful in bringing the flywheel to a full and safe stop. Other tests confirmed projected performance of the flywheel, including high efficiency operation and availability of its rated 25 kilowatt-hours of stored energy.

"This is a tremendous accomplishment by our engineering team, representing thousands of hours of design, development and testing," said Bill Capp, Beacon president and CEO. "With this important safety milestone successfully completed and our redesign thus validated, we are moving ahead to build our first commercial units. We expect these initial Smart Energy 25 systems to be running in our new manufacturing plant in Tyngsboro, Massachusetts, by the end of January 2008, before being grid-connected at our first commercial frequency regulation facility in April 2008."

Last month the Company announced that the Smart Energy 25 had achieved the performance benchmarks of full speed (16,000 rpm) and full power (100 kilowatts charging and discharging), and that it had begun ordering some long lead-time components. The Company is also qualifying multiple suppliers for key system components and continues to work to optimize the manufacturing cost of the system.

In related news, Beacon has finalized and is implementing plans to move its Massachusetts-based headquarters facility from Wilmington to a larger space in Tyngsboro. The Company has signed a 60-day extension of its current lease through November 2007, to allow a smoother transition from one location to the other. "We intend to make this move during the first half of November, without any significant interruption to flywheel development or manufacturing schedules," added Capp.

About Beacon Power

Beacon Power Corporation designs, develops and is taking steps to commercialize advanced products and services to support stable, reliable and efficient electricity grid operation. The Company's primary business strategy is to commercialize its patented flywheel energy storage technology to perform frequency regulation services on the grid. Beacon's Smart Energy Matrix, now in development following approval for use in three of the country's five open-bid regulation markets, is being designed to be a non-polluting, megawatt-level, utility-grade flywheel-based solution that would provide sustainable frequency regulation services. Beacon is a publicly traded company with its research, development and manufacturing facility in the U.S. For more information, visit www.beaconpower.com.

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1995: Material contained in this press release may include statements that are not historical facts and are considered "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Beacon Power Corporation's current views about future events and financial performances. These forward-looking statements are identified by the use of terms and phrases such as "believe," "expect," "plan," "anticipate," and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from Beacon Power Corporation's expectation. These factors include: a short operating history; a history of losses and anticipated continued losses from operations; a need to raise additional capital combined with a questionable ability to do so; conditions in target markets; no experience manufacturing any product or supplying frequency regulation services on a commercial basis; limited commercial contracts for sales to date; our ability to obtain site interconnection or other construction approvals in a timely manner; the dependence of sales on the achievement of product development and commercialization milestones; the uncertainty of the political and economic climate, and the different electrical grid characteristics and requirements of any foreign countries into which Beacon hopes to sell or operate, including the uncertainty of enforcing contracts, the different market structures, and the potential substantial fluctuation in currency exchange rates in those countries; dependence on third-party suppliers; intense competition from companies with greater financial resources, especially from companies that are already in the frequency regulation market; possible government regulation that would impede the ability to market products or services or affect market size; the complexity and other challenges of arranging project finance and resources for one or more frequency regulation power plants; possible product liability claims and the negative publicity which could result; any failure to protect intellectual property; retaining key executives and the possible need in the future to hire and retain key executives; the historical volatility of the Company's stock price, as well as volatility of the stock price of other companies in the energy sector. These factors are elaborated upon and other factors may be disclosed from time to time in Beacon Power Corporation's filings with the Securities and Exchange Commission. Beacon Power Corporation expressly does not undertake any duty to update forward-looking statements.


Contact:
Beacon Power Corporation
James Spiezio, 978-694-9121
[email protected]

--------------------------------------------------------------------------------
Source: Beacon Power Corporation

[setravis]

AP
Beacon Rises Sharply on Product News
Wednesday September 12, 12:14 pm ET 
Beacon Power Shares Rise Sharply After Company Says Device to Be Commercially Produced


NEW YORK (AP) -- Shares of Beacon Power Corp. rose sharply Wednesday after the company received a multimillion dollar investment and said a device in development would start being commercially produced.


Beacon Power shares rose 22 cents, or 13 percent, to $1.86 in midday trading.

The Wilmington, Mass.-based company, which designs and develops devices to efficiently store and deliver energy, said on Tuesday that its "Smart Energy 25" flywheel passed its performance and safety tests. The company ordered materials to build the first 10 units to be sold and expects manufacturing to begin in January.

Beacon had to redesign the Smart Energy 25 system's components following a malfunction in December.

Institutional investor Capital Ventures International infused $10 million into Beacon on Sept. 5, the company said last week. The funds will be used to buy materials for production of the new flywheels, as well as to fund its new manufacturing facility in Tyngsboro, Mass.

After subtracting fees, Beacon will net $9.3 million from the sale of units. Merriman Curhan Ford & Co. acted as sole placement agent.

Capital Ventures, associated with Heights Capital Management Inc., purchased 5.1 million units at $1.96 each. Each unit consists of a share with a par value of 1 cent and a warrant to buy 1.2 shares at an exercise price of $1.99 per share.

[setravis]

AP
Movers Roundup: Thomas & Betts, Cardica
Wednesday September 12, 3:19 pm ET 
Movers Roundup: Thomas & Betts Up on Interest in Leviton, Cardica Up on Heart Surgery Device


Among the stock activity stories for Wednesday, Sept. 12, from AP Financial News:
NEW YORK (AP) -- Shares of Thomas & Betts Corp. rose Wednesday after analysts said the company will have the chance to get more value from an investment in a wiring device maker.

NEW YORK (AP) -- Cardica Inc. shares surged Wednesday after its C-Port Flex A system, a device used in heart surgery, was approved for sale in the European Union.

ORANGEBURG, N.Y. (AP) -- Shares of Vision-Sciences Inc. broke a 52-week high Wednesday after the medical device maker received U.S. Food and Drug Administration clearance to market its new line of endoscopes.

NEW YORK (AP) -- Shares of Beacon Power Corp. rose sharply Wednesday after the company received a multimillion dollar investment and said a device in development would start being commercially produced.

[kslifka]

Love this set-up for BCON.  Break-out of ascending triange.  Gap up and a follow through white candle.  Should move higher

[setravis]

RECEIVES NOTIFICATION FROM U.S. DOE: Beacon Power Corporation (BCON) announced
that it has been notified by the U.S. Department of Energy (DOE) that the Company can submit a
full application for a DOE program that would provide loan guarantees to commercial lenders for
up to 80% of the project debt needed to finance the construction of its first 20-megawatt flywheel
frequency regulation plant. Beacon Power was one of only 16 companies selected from a total
of 143 that filed "pre-applications" for loan guarantees, and the only company whose project was
chosen in the "Electricity Delivery and Energy Reliability" category.

[setravis]

BCON is becoming a monster and it will prevail with its new technology.
Long term buy and hold...


52wk Range: 0.74 - 2.37
Volume: 3,280,444
Avg Vol (3m): 2,611,370

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
15.85%above 13-day MA
28.40%above 50-day MA
RS Rating: 37 

Fundamentals
Key Data:
Market Cap (M): $140.19 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

[setravis]

These low-priced stocks will outperform the market.......Make some change   
Crystallex International (AMEX: KRY)
Zix (Nasdaq: ZIXI)
Beacon Power (Nasdaq: BCON)


Technicals
Last Price Quote is:
-1.55%below 13-day MA
6.61%above 50-day MA
RS Rating: 79 

Fundamentals
Earnings Expected on Nov 6

Key Data:
Market Cap (M): $143.05 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral