Capstone Green Energy Corp (fka CGRNQ)

[hopester]

hillzman- Must disagree that "it's going nowhere". 10 (TEN) firms taking this on tells me they smell something and will find it. And remember, CPST will have to defend at a cost.
The effect of it all puts an indirect "slam shut lid " over future or a noticeable slowdown in sales as I see it too.NO SMALL EFFECT!. Distributors won't be pushing the product to their customers until they have a final understanding of where the company stands..... no matter what BS DJ is telling them now.Remember these Distributors must retain their reputation in order to retain customer loyalty & avoid lawsuits of their own.... lest they go the way of CPST too.

Capstone is a dead company, and is soon to be financially ruined even if nothing comes of these suits.
But if as I suspect they're culpable,it's bankruptcy court sooner rather than later.

BTW- While tax loss selling is playing a part in the never ending every day drop in sh px my guess is it's being supported by these lawsuits and what they ultimately will mean.

I've never seen anything like it in my time with the exception of ENRON.