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Technology Stocks : SatCon Technology (SATC) -- Ignore unavailable to you. Want to Upgrade?


To: dvdw© who wrote (417)6/22/2004 8:24:50 PM
From: dvdw©  Respond to of 440
 
Between May 18th PR and today 6-22, SATC has had two Sales oriented Press Releases and one PR stating they were preparing a shelf registration for Private Placement.

Between that time SATC hit a high of 3.09 and a low as of today at 2.11. Give or take a few pennies I see SATC lost near 30% of its value while publicly producing 5.5 million in New Sales Backlog and placing themselves in a position to raise 15 to 30 million dollars on the Shelf as needed.

You do the math; and once done take a look at the trading volume over the period under scrutiny. AMAZING.

finance.yahoo.com

Watch out for the HAND of Man folks...it's as slippery as the best pick pocket, despite the 1000 dollar suit.