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TheStreet.com Issues Negative Article On Alt-Energy Stocks (BCON, VLNC, VSE, PEIX, AVR, CPST)
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TheStreet.com issued a negative article that is getting some buzz today, entitled. "Six Alt-Energy Stocks That Could Go to Zero."
On the list:
1. Beacon Power (Nasdaq: BCON), citing deteriorating financials
2. Valence Technology (Nasdaq: VLNC) citing financials and CFO leaving after just five months
3, 4, 5. VeraSun Energy (NYSE: VSE), citing problems with ethanol, including a push to lift tariffs on Brazil ethanol and fears that the ethanol mandate in the U.S. could be completely scrapped. Also, mentions other ethanol companies Pacific Ethanol (Nasdaq: PEIX) and Aventine Renew Energy (NYSE: AVR).
6. Capstone Turbine (Nasdaq: CPST), citing overly bullish analyst, CEO credibility and hype.
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