Sunday, November 11, 2007


are the business of Capstone MicroTurbine (CPST) and it is not just and alternative energy concept, the company is showing some impressive growth. Second Quarter Revenue of $7.2 Million Increased 145% from Same Period Last Year and 28% from Prior Quarter You can see the full earnings report from November 8 HERE

The monthly chart shows a longer term consolidation and big moves often come from such periods of low volatility.

The shorts have been steadily covering since but maybe they will panic with the remaining 10 million shares?

The stock needs a catalyst here, especially with such a weak market. On Monday evenings show, Cramer is supposed to reveal some of his "green plays". In November 05, he mentioned the stock and it ran from 2.50 to 4.50 in just a couple OF DAYS Now the stock is $1.25. Will he mention it again and motivate buyers to pushi it past short term resistance at 1.30 which would pressure the shorts?

I own a little bit (bought some on Friday) but will wait for a push past resistance at 1.30 before I establish a real position. Once it clears 1.30 I dont see any reason to risk more than a dime.

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