Volume Spike Investor

A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) is getting hit hard this morning in early pre-market trading.  We have only seen 7,199 shares trade as of 8:50 AM EST, but the prints are down 12% at $4.61 after closing at $5.25 Friday.

A-Power designs, constructs, and tests distributed power generation and micro power grids to factories and users in the Peoples Republic of China.  We have not seen any direct news as of yet, but based upon its description you can imagine why it is being hit.  We pulled the trade quote recaps from NASDAQ as well, and it was not just one print:

TIME     PRICE     Volume
08:37      $4.61     1,000
08:37      $4.60     660
08:37      $4.57     859
08:37      $4.61     1,000
08:36      $5.02     130
08:36      $5.00     1,301
08:00      $5.02     100
08:00      $5.00     1,450
08:00      $5.00     699

JON C. OGG
NOV. 17, 2008