That SEEKING ALPHA is like a religion, a holly shrine. Any time anybody criticized the writer's logic or factual findings or some suspicion about the company's future, longs would clobber him. People congratulate each other for holding the POS without knowing the boat is sinking. They always win with argument and lose with money.
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.