BCON and ACPW - Old technology, new promise
December 10, 2010
– Comments (5) |
RELATED TICKERS: BCON
, ACPW
I am thinking about buying both of these stocks. While BCON has more risk (it just got an extension to March before being delisted), it also has tremendous promise..This is a very cool green alternative to battery power storage. BCON is due to establish a plant early next year. If they can pull it off, I believe the stock will soar. Given its current valuation of .235/share, the downside risk is relatively low. To save thier listing, they must get the share price up to $1 by March. That would be a 300% gain. The generator can be built in 6 months time or less and is already in process.
ACPW is a direct competitor of BCON. Better positioned with a good upward trend in '09 and '10, but still 1/2 of its historical 5 year level. There is a significant need for backup power supplies that are clean, efficient and small. The flywheel technology accomplishes all of this. ACPW also has a product for use with solar power generation and residential use. It is well positioned for the healthcare industry and today inked a contract with a law enforcement agency. Given what Toshiba just went through, and projected oil prices again well over $100/barrell by 1Q 2011, there is a need for the products.
Could this technology take pressure off a deteriorating power grid and make it more difficult for terrorists to target/disrupt communications by sabotaging power plants? Might also this technology be used in automobiles...significantly reducing weight and the amount of space needed to store batteries?