Steady advance and gaining coverage. Added two more analysts, joined the Russell, and landed front and center on the LA Business Journal. 5 on the horizon.

All of those 'after hours' deals might be putting a big dent in MM inventory. If so, that ought to give us a good run over the next week or two. That along with new MF holdings, we could be seeing 5 bucks very quickly. As of right now we only need a run of about 20% to make it there. Very doable.

With Capstone's ever increasing market share I don't think a market cap of 2Bill would be unreasonable by sometime next year.

It was most likely buying on the part of Mutual Funds tied to the Russell Index. Probably computer generated. It happened with CPST, BCON, PLUG, QTWW, JRCC, just to name a few. All of these stocks are joining the Russell 3000 index at the market close on June 27.

Just a bunch of chuckleheads jumping the gun. I bet next time they'll wait and read the article, not just the headline. Glad to hear you kept your shares though.

Nice rebound off the lower trendline today. 9% on heavy volume. Fundamentals just gave the TA a nice shot in the arm. Big revenue jump and positive cash flow around the corner. The pps is nowhere near topping out.

Also, Ardour Capital reiterated it's "accumulate" rating, btw.

"Orders really showed explosive growth this quarter." ~ Abhi Kanitkar – RHO Venture Capital

PPS is spiking this morning. No surprise, huh? I bet we see more analyst coverage soon. The number of analysts asking questions yesterday was pretty amazing. 7 of em. High interest here. PPS at 3.71. Maybe we'll finally bounce off that trendline and spark a new run. GL

Woo hoo! Just heard it. Cash flow break even still projected by end of 08

lol, yeah, I'm looking at this and wondering what I missed, why they're selling? So the quarter was less than expected, but they're expanding so rapidly. Awesome growth potential. Profit is just around the corner.

I think this initial drop will prove to be an overreaction. quarterly earnings missed the mark but long term growth is obviously way up. I'm holding. GL

Man, this is really coming down to the wire. It all seems to be hinging on Thurday's news to see whether this runup was justified. Shorts are up 36% for the month of May. Probably quite a bit higher for June, which means a big gap up for friday if we beat expectations. GLTA

Looks like you might be getting in just before the run...

Price and SMA's are converging.
Volume drying up at the base.
Price is nearing a significant support line.
Earnings on Thurs.
Mutual Fund and Institutional Ownership are up.
New product.
Second shift in gear.
Profit margin and earnings headed north.
What else did I forget?

Looks like a perfect setup for a run to 5 bucks by July. Then maybe a pullback to support at 4.50, then take off again. Who knows? But this chart's a beauty. Volume dries on every pullback, soars on every run. Definitely wouldn't wanna short this.

It's forming a nice base near $4.00. Wouldn't be surprised if it breaks out above 4.10 any day now.

Moores, thanks for the good read. Here's some other info...

IBD's list of "Top-Ranked Low-Priced Stocks"
Capstone Turbine
Smart Select Composite Rating: 85
EPS rating: 40
Relative Strength Rating: 99
Accumulation/Distribution: A

The RS and ACC/DIST show strong interest. And the Composite and EPS show a perfect setup as long as the EPS is on an upward path, which Capstone's is. By the time the composite and EPS are above 95 the stock has usually topped. At least that's been my experience.

MUTUAL FUND STATS:
Number of funds buying shares: 42
Number of funds selling shares: 24

INSTITUIONAL STATS (# of shares):
Total Shares Held (50,384,449)
New Positions (10,449,608)
Increased Positions (12,445,049)
Decreased Positions (4,539,564)
Holders With Activity (16,984,613)
Sold Out Positions (702,808)

Hopefully we'll see a base form this week and a breakout the week after.

Looks like today's selling was in conjunction with the Fed announcement. But we still had a nice rally at the end of the day, as opposed to the broader market.
Even without po's we ought to have a nice run-up to the quarterly on Jun 9.

4.04 off to the races!!

Premarket @ 4.01. Ask 4.05

I don't understand why people sell at 3.92 when you know it's going to test 4.00

Sounds good to me. Yahoo average pps estimate raised to 4.50 from 3.92. lol. They have to keep adjusting it cuz Capstone keeps plowing through them.

Market Cap approaching 600 Mil.

Bowl formation almost complete. TA calls for a 4.48 buying point and a strong surge thereafter. Hopefully we get the fundamentals soon.

After hours quote from Cramer, "This one is an interesting speculation. It's gone up a lot, but I like it."

I agree, this is speculation without positive earnings. If we get positive earnings this is going to the moon.

Maybe news on monday

Bid still sitting at 3.64

Hey!!! are you guys seeing this? yahoo says the latest price is 3.68??? Sweetness

Capstone's long term (5yr) growth ranks #1 in the industry. It's quarterly revenue growth ranks #6. Estimated 2008 eps growth: 25%. I think some more solid purchase orders are gonna make this a long term play.

What do you guys think about this 2.5 year bowl formation? Seems like there might be a lot of upward pressure when it breaks 4.50. I think the chart along with strong po's (especially positive earnings) could pretty easily send it to 10 bucks within a year. OBV, MACD, and ACC/DIST are looking really good too.

Good job hanging tough through the pullbacks. I've been in since 1.74. sold once and regretted it. My portfolio is 100% pure Capstone now. Long and strong!!! I almost feel like bying a turbine as a way of saying thanks.

Market Cap: 503 Million

hopefully a strong close or after-hours will put us at 3.26

We hit 3.25!! Woot Woot!! Market cap is zooming up to 500 Mil too. This has good signs of large institutional buying and greater coverage. btw, that gap is probably too small and volume too strong for it to mean anything. We're going to 5 bucks soon!

It's gapping up in pre-market. 3.18 right now!!!

I agree. I don't think $10-12 is out of range. The recent pullback looked more like a shakeout anyway. No news, yet enough shares were dumped to break the steeper trend. The weak sold and two hours later smart-money picked up millions of shares at about a 30 cent discount. Nothing abnormal.

Also, CPST is coming up on 500 Mil market cap. That's going to attract a lot of investors who ordinarily stay away from stocks that fall below that threshold.

I think today was a good sign. After a few days of consolidation it's still holding strong at the trend line. If the pattern holds then this is another good buying point and we should be around 3.25 in a week or two.

Looking for a few pointers...

I bought in at 1.74. I'm with the crowd that thinks this is headed past 5 bucks soon. The problem is I sold at 2.58 a few days ago. The price peaked on a distribution day with about 3 times normal volume. I thought for sure it would pull back to 2.20 or so. Apparently I sold too soon. I got back in at 2.86. Did I misread the chart or is this thing so strong that it blew past all that selling without even looking back?

Btw, thanks for posting all the charts.