Frustration gets the best of us all. there's a reason someone did a private placement here. reread the placement details, the underwriter will get all they want and mess with the share price.
look what is coming down the pike for companies like scon. cell towers will be used for more than just wireless carriers in the coming quarters.
scon now has the cash and the right product to be successful, imo!
You may be right I will maybe buy back in a day or two. I think I will try and get in at .68 or .69 That seems to be the bottom Good luck scon investors> I have bashed SCON some of late only out of frustration at all the crap on the iso board.
I said I dont bash stocks I dont own and then did it a few times here, sorry, I dont like to say something and then not stick to it
They have good news, they just finished a private placement, they will not go to the small cap either. relax, the company is in a good spot, no matter what the bashers say here.
the pipe underwriter will gobble up as many shares as they can on the cheap and then scon moves up again.
The thing is scon needs all the good news it can get or its off to the small cap then out the nasdaq door. So the staying above a dollar for 10 days to start, but above that for good is very importent. Dont you think
But many companies don't release numbers, they put them in their quarterlies! today's news is very good for scon, don't get caught up in something that isn't too important!
If it was for a dollar amount not just a open PO agreement They could put out the contract amounts without saying who the PO was with. So I think It was just a open ended agreement with no dollar amount tied to it. But the commitment to keep buying is a good thing
<<NO COMPANY WILL INCLUDE NUMBERS IS PRs AND LOSE A COMPETITIVE ADVANTAGE>>
I've seen it several times before, case in point, Echelon (elon) announced a large deal with Italian utility Enel back in 2000. They put the size of the contract (300M) right in the PR.
YUp, CharlieBOY, 5.5M shares the "SELECT INVESTORS" dumped on YOU so-called?? "investors"!
Told you it was a PUMP and DUMP this morning.
Went fishin' and when I got back, SCON is back to the bottom again!!!
Nothing in it but an EXTENSION of the OLD GPA!
No more money etc, but if they kept to the original, they would have gotten the remainder,$3M, in Q3/4, now its put off for THREE YEARS!!!
Yup, charlieBOY,5.5M shares dumped on you by the "SELECT INVESTORS"!!!
Spent the day fishin', and when I come back, SCON is back where it was!!
I'm AMAZED that you so-called investors?? fell for that FLUFF PUMP!!!
Nothing in it but an extension of an existing GPA that, if they kept to the original agreement, would have brought in the remainder of $3M in Q3/4!!!
Precisely what I posted this morning, and YOU SMART? investors fell for it and bought the "SELECTS" shares!!!
Notice your "investors" with a small i, The SELECTS are the ones with the CAPITAL!!!!(letter I!!)
This makes YOU the complete IDIOT !!!