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Satcon Technology Corporation Message Board

  • marie93108 marie93108 Sep 6, 2011 9:09 PM Flag

    A GOOD SIGN

    The last five days, I've bid for 50,000 shares at $1.10 and got nothing. Any of the three weeks before that, I would have been filled. As someone has suggested, maybe there's finally a floor for these shares.

    Lots new around here. My daughter broke up with her Massachusetts boyfriend, has forgone her senior year of high school, moved out here to live with us, and is taking courses at UC-Santa Barbara. Me, too. I'm going for my Ph.D in economics at UCSB, expect to complete in three years.

    I only recognize 4-5 people on this board. Did everyone just go? Or did everyone just go broke?

    LOL

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    • donc i think now its just a matter of uncertainty in this sector and may be more so with satcon in part to its past earnings, but also with all the impending class action crap.. i had trimmed down to a couple thousand shares and then doubleddown plus from lo 2's so i'm underwater now as well.. i still believe in the progress they have made and that solar will still be big in the near future.. jmho
      fwiw.. this current volume we're experiencing use to be pretty typical a couple years back..and it could quickly change on some good news.. gl 2 us

    • At this level many are holding so they don't realize the losses.

      Anyone who bought low is waiting for more upside.

      SATC has periods like this (early 2010 for example) and then periods of very high volume.

      Patience in the name of the game with SATC.

    • I understand that it could be 'lackluster'. But 170K by 1:30?
      I am one of those who is holding on to my last shares. While I have grown accustomed to losses of late, I can't let my last 1,500 shares go at this price. I had to draw a line somewhere, if only to take a symbolic though possibly futile stand.

    • At this level many are holding so they don't realize the losses.

      Anyone who bought low is waiting for more upside.

      SATC has periods like this (early 2010 for example) and then periods of very high volume.

      Patience in the name of the game with SATC.

    • SATC had much worse volume against average than any of the other same/similar sector stocks I follow.
      If not the lawsuit, does anyone believe tonight's debate or the President's speech tomorrow night are holding us back?

    • Volume is universal across the market today, which I would say means it is a short lived recovery without higher volume over the next couple days.

    • Good to see you're back. We've been caught up in responding to political views... leading up to and following the debt limit mess in the congress.

      I think we lost Horst, who just couldn't hold on. He was pretty emotional.

      Should be a firm floor now. 2nd half should be more positive, and shorts should continue to cover. Waiting on some announcements.

      A Ph.D. in Econ sounds perfect for you.

      GL

    • SATC has a natural range of $1.50 to $2.00, which is why it's always a strong buy at $1.00, and if the action is good it's a buy up to $1.75.

      If I had more $$ I would have bought more, though $40K in this stock borders on gambling already

      I have owned it on and off for 6 years. I'm still not sure if it ever ends up a success, but that's not going to stop me making money.

      Two things are always trouble for SATC

      1. Earnings
      2. Dilution.

    • Broke! haha! It does look to me like some small confidence is building slowly but surely. I hope that we can see $3.00 again before the end of December, but I think that is a bit too lofty of a hope.

      However, I was pleased to see that over the past 2 days, the market as a whole did terrible but that SATC averaged about $1.20 per share, which relfected a better stability and confidence than the past month where we dipped below $1.00.

 
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