On October 2 in an article titled "Bloody Q3 creates a great buying opportunity" Petersen said "Depending on your risk appetite, more speculative companies like Axion Power (AXPW.OB), and Beacon Power (BCON) also merit serious consideration." Guess where Beacon Power is now, after a mere month from his forecast? ZERO. Yes, ZERO. This guy is a genius.
He is this Swiss residing know-all Texan who boasts his uncanny stock-picking power to recommend soon-to-be-doomed POS like BCON and AXPW while blasting soon-to-be-flying companies like Tesla. He prides in having gazillion followers in Seeking Alpha. Just read Yahoo News.