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BCON-fident

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BCON is an example of the kind of contrarian view with great tech. data I look at. BCON is a cheap stock that most mutual funds or pretty much no one will notice. I would have liked to have found a better stock for this example but it will do.

BCON lost about $ 12 millionn last reporting which was a small improvement over last reporting. They really don't have anything new to report But the stock is still climbing. BCON has developed a flywheel which is used in power grid management and thats about all I know.

BCON is moving up on the tech. data I use. But why I dont know. When using funamentals such as earnings,PE,etc. you would not buy this stock. BUT,this stock is moving up for a reason we may never know. And on the other side it may drop like a rock in the future. But,at least for today I,m buying in and in a day or 2 or in a few days we'll know if I made the right call or not!

Tuesday April 08, 2008 : 08:55 AM

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