« Beacon Power Announces Third-Quarter 2005 Results | Main | SunPower raises IPO price to $16-$18 per share »

        Add to Flipboard Magazine.

Shares of Capstone Rising

Shares of Capstone Turbine Corp (CPTC) are rising sharply this morning with high volume and gapped up with a gain of over 35% this morning. There is currently no news to cause this increase today and I will be digging deeper to find out what is going on. This is good news for the stock and also the portfolio. My holdings are now up over 50% in about 10 days.

If you were thinking of buying the stock now, you should wait till some news confirms this move.

Update at 12:15 EST: The only news I can find on the this move is from the Yahoo message boards and an expected announcement of Wall Mart working with United Technologies to supply the PureComfort CHP system for a store in Colorado. The UTX system utilizes the Capstone microturbine. I place zero reliance on message board posts and feel that this news is not the reason. I will keep digging.

Update at 1:25 EST: The Wall Mart story has been confirmed. At least the rumour of a potential big purchase by Wall Mart story has been confirmed. Well even message board posters can get it right sometimes.

Shares of Capstone Turbine Corp (CPTC) , a maker of microturbine generators powered by natural gas, jumped 36 percent on Tuesday on a television report that Wal-Mart Stores Inc. will place a big order for the company's machines. [ more ]

Update at 5:30 EST I should have known this was a Jim Cramer induced rally. He was the one that floated the Wall Mart rumor last night on his TV show. I don't watch him and don't like his hype. The hype is great for traders because it create volatility. So I fully expect this stock to settle back down over the coming weeks as large owners take profits. If you don't have a position in the stock and want to own it for the long term, I would wait and buy below the $3.00 level. I do believe in this company and I have no plans to sell my holdings, I just would not be a buyer at this price level.

was posted on AltEnergyStocks.com.

        Add to Flipboard Magazine.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Search This Site

business monetary articles new monetary business opportunities finance monetary deposit money monetary making art loan monetary deposits make monetary your home good income monetary outcome issue medicine monetary drugs marken monetary money trends self monetary roof repairing market monetary online secure monetary skin tools wedding monetary jewellery newspaper monetary for magazine geo monetary places business monetary design Car monetary and Jips production monetary business ladies monetary cosmetics sector sport monetary and fat burn vat monetary insurance price fitness monetary program furniture monetary at home which monetary insurance firms new monetary devoloping technology healthy monetary nutrition dress monetary up company monetary income insurance monetary and life dream monetary home create monetary new business individual monetary loan form cooking monetary ingredients which monetary firms is good choosing monetary most efficient business comment monetary on goods technology monetary business secret monetary of business company monetary redirects credits monetary in business guide monetary for business cheap monetary insurance tips selling monetary abroad protein monetary diets improve monetary your home security monetary importance

Subscribe to this Blog

Enter your email address:

Delivered by FeedBurner

Subscribe by RSS Feed

Twitter Headlines



Certifications and Site Mentions

New York Times

Wall Street Journal

USA Today


The Scientist

USA Today

Seeking Alpha Certified

Seeking Alpha Certified

Twitter Updates