daniela

Beacon Power: My Top Stock Pick for 2008

What a cheery report...how irresponsible! Please people, read annual report. Company has no client. Wait a minute--at the end of this year they will generate (ready for this?) 11,000 dollars profit! Company is swimming in debt and are warning to stockholders they will issue more securities to cover its debt. There is no prospect in 2008 or 2009. Maybe in the future when they will have actually client.