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Enter Symbol:
Satcon Technology Corporation (SATCQ) [hlAlert]

down 66.48 %

Satcon Technology Corporation (SATC) downgraded to Hold with price target $1.50 by Ardour Capital

Posted on: Wednesday,  Aug 10, 2011  9:25 AM ET by Ardour Capital

Ardour Capital rated Hold Satcon Technology Corporation (OTCBB: SATCQ) on 08/10/2011. Previously Ardour Capital rated Buy Satcon Technology Corporation (OTCBB: SATCQ) on
12/02/2010., when the stock price was $29.84. Since then, Satcon Technology Corporation has lost 66.49% as of 08/10/2011's recent price of $10.00.
If you would have followed the previous Ardour Capital's recommendation on SATCQ, you would have lost 66.48% of your investment in 251 days.

SatCon Technology Corporation (SatCon) is a clean energy technology provider of utility grade power solutions for the renewable and distributed energy markets. The Company delivers power conversion solutions and system design services for large-scale renewable energy plants. The Company's products are utilized by businesses and utility companies to convert renewable energy sources into electrical power. The Company also develops, designs and builds power conversion electronics, power management and distribution systems for a variety of defense and commercial applications through its Applied Technology division. The Company offers system design services and solutions for management, monitoring, and performance measurement. The Company operates through its two business segments: Renewable Energy Solutions and Satcon Applied Technology. On September 26, 2008, the Company completed the sale of its Electronics and Power Systems divisions.

# A leading institution in Energy Technology/Alternative Energy & Power/Clean & Renewable Technologies. # Publish in-depth company research and extensive technology-focused reports. # Provides a wide range of financial services for both public and private companies. # Ardour Global Indexes ( a family of pure-play alternative energy indexes. # Sponsors annual invitation-only Energy Technology Conference. # Member of FINRA/SIPC.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2011 9:25 AM Hold
10.00 12.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/2/2010 9:25 AM Buy
29.84 36.00
3/5/2010 10:25 AM Hold
19.04 20.80
9/30/2008 9:25 AM Buy
16.00 20.00
6/23/2008 11:25 AM Buy
26.24 32.00

(*) Stock Price at the time of the recommendation.
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