Traders Rejoice! BSRC Has Left R&D Behind… And Is Now SELLING Its Solar Materials!
Until BioSolar Inc. (OTCBB: BSRC) came along with its certified GREEN backing and substrate materials, the “solar revolution” was anything but a truly renewable business.
That’s because 70% of all solar panels are actually housed in oil-based plastic casings. When the oil runs out, no more panels for anyone but BSRC customers!
And as of yesterday afternoon, BSRC is accepting commercial orders from solar panel makers who want to stay relevant, qualify for higher government subsidies and cut their costs. (Read more)
That little bombshell of news may be just the thing BSRC needed to kick its recently becalmed chart into higher gear:
Traders spent most of the summer accumulating BSRC shares — and this line still shows elevated demand.
Check out all that volume since the October 12 spike…second-biggest volume of the year, by the way…while the BSRC price stayed flat.
Up/down ratio since then shows a full 19 buyers per lonely seller. That’s the best we’ve seen in months!
STO has been rising out of “oversold” for a few weeks now, taking an especially sharp turn to the upside on Monday.
MACD is leading signal again for the first time since late July, when BSRC was starting its run up to a lofty $8 a share.
We’re right on the 10 mda. Longer-term lines are practically out of sight, with even the 50 mda way up at $2.98.
BSRC is making waves in the green industry…and signing distribution deals!
The secret behind BSRC’s technology is that they can process plants to make solar substrates and backing sheets that would otherwise be plastic or expensive stainless steel. (Read more)
Because BSRC’s components are endlessly renewable, they’re the only ones certified as truly “green” under the USDA BioPreferred Program — giving manufacturers that use them a distinct edge in their marketing and government contracting. (Read more)
BSRC is already working with Korean distributor ShinHa, Inc. to get its components in front of China’s massive solar panel makers, who will then sell them back to the U.S. market…which is growing at a rate of about 30% a year. (Read more)
They’ve got their samples. BSRC has told them that these truly green components are cheaper than oil-based plastics and will help their panels run more efficiently than ever. (Read more)
The alternative energy industry press is paying attention, calling BSRC one of the “10 companies to watch” in the green world. (Read more)
And now, BSRC has its last certification and is officially open for business! (Read more)
Bottom Line: BSRC’s technical lines were already pumping plenty of momentum into its chart before this latest bit of NEWS.
But the stock price wasn’t going anywhere. All that energy was doing was building up…maybe this will be the catalyst BSRC needed to pull the trigger!
Get BSRC on your screen today and see where the combination of NEWS and all that pent-up momentum takes it.
See you in the winners’ circle!
Beacon Equity Group
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