Tag Archives: bcon

Beacon Power (BCON) Latest DOE Fueled Green Energy Failure; Ener1 (HEV) Next?

Several weeks ago, Solyndra became the biggest blight of Obama’s green energy initiative not long after questions were raised about the cash dumped into Evergreen Solar which too ultimately failed, but it doesn’t and won’t end at solar.  On Sunday night, Beacon Power (BCON), which makes flywheel technology to recycle unused power, filed for bankruptcy protection. 

Granted Beacon’s loan guarantee was less than a 1/10th of Solyndra’s at $43 million of which $39 million … Read the rest

TheStreet.com: 6 Green Stocks That Could Go to Zero

James Altucher of TheStreet.com posted an article this morning highlighting 6 alternative energy stocks that could go to zero.  He likens the green stock mania to the dot com bubble and to some degree he’s right.  There is one important lesson in all of this: stick to companies growing rapidly and decreasing debt with strong technical indicators and you won’t get burned.  Simple as that. 

The six he highlighted are :

Verasun (VSE), Capstone … Read the rest