Capstone Taking Out Recent Highs (CPST)

Posted in General 
August 26th, 2009

Capstone Turbine Corporation (NASDAQ: CPST) is surging to recent highs.  At 8:43 AM EST we have shares up 10.2% at $1.41 on over 700,000 shares after it named Industrias Energeticas as its newest distributor in Mexico.  It also received an order for four C30 C1D2 microturbine systems for offshore oil platforms in the Gulf of Mexico.  This one has been all over the place in the last year and traded under $0.50 at the worst time of the March market and has traded as high as $2.79 over the last year.  Average volume is over 5 million shares. -JON OGG

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