Volume is starting to build in CPST and a move above 1.40 is where the byers may get aggressive in this heavily shorted stock.
Capstone Turbine Corporation (Capstone) develop, manufacture, market and service microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power (CHP) and combined cooling, heat and power (CCHP), resource recovery and secure power. Its microturbines can be used as generators for hybrid electric vehicle applications and allow customers to produce power onsite. Capstone's 30 kilowatt (Model C30) and 60 and 65-kilowatt (C60 Series) products are designed to produce electricity for commercial and small industrial users. The Model C30 product can be fueled by various sources, including natural gas, propane, sour gas, renewable fuels, such as landfill or digester gas, kerosene and diesel. The C60 Series can be fueled by natural gas or renewable fuels, such as landfill or digester gas.