Capstone Green Energy Corp (fka CGRNQ)

[H8ster]

Shorts pinning the bid?

For what its worth.
There has been a pattern over the past few quarters of shorts manipulating the stock as it runs into earnings. See the link below to get an idea of the way shorts will pin the bid and cause the stock to dive

http://bloggingstocker.blogspot.com/2008...

For the run up to 2nd quarter earnings, it retracted from a high of 1.20 to .91 in 6 trading days. Roughly 30 cents.
It then went up to 1.57 after earnings.

Then for the run up to 3rd quarter, it retracted from a high of 1.50 down to 1.15 in about 10-12 trading days. Roughly 35 cents. It then went back up.

Now, running into earnings for the 4th quarter, it went from a high of 1.46 to a low of 1.09 today. 11 days. 37 cents.
Monday was when it really dove as news stories and the upcoming state of the union speech made it easier to spread panic as people are moving into cash.

All you have to do is read the charts over the last 7 months! This stock will go up again after earnings. And shorts will raid it again as the next quarter approaches.