InvestorsHub Logo
Followers 0
Posts 482
Boards Moderated 0
Alias Born 03/14/2012

Re: lloyd20 post# 14105

Tuesday, 11/20/2012 12:24:18 AM

Tuesday, November 20, 2012 12:24:18 AM

Post# of 29204
My charts are showing the last time we closed below today's close of $0.8914 was October 3, 2011 @ 0.86. It was December 10, 2010 that the PPS closed above 89 cents (at 92 cents) and completed the run to $2.08 (The Reward) on March 23, 2011. Just as a refresher take a look at the Seeking Alpha article on the same date-- Capstone's Presidential Mention Puts It in the Big Leagues.

Since that time it appears that we were slowly being sent back to the minors. A few taps on a $1.68 - $1.50 range June 28 - July 26, 2011 prior to closing and staying below the $1.50 support since July 27, 2011. It wasn't until February 7, 2012 that the PPS closed at the next high of $1.46; just two days before the Q3-2012 CC. Since then its been a slow ride down the foothills and sideways in the meadows.

Anyway, it does not appear to bode well considering the action today, but then again some of the same sort of dynamics were in play back in 2011 as are going on today, albeit they are bit more serious lately, at which time Seeking Alpha states in the linked article "it's no wonder that its being recognized by Washington as a potential mascot for America's business strategies of the future." The only reference to a Mascot that I can find today is our not so rough and tough looking Captain Microturbine. Hello marketing people!

I do ponder what effect, on Capstone sales, that the current shooting match over in the Persian Gulf may have, as this dust-up has the potential of choking off oil and natural gas exports at the Strait of Hurmuz at one end and the Suez Canal on the other. It would seem certain that Capstone's wide sales distribution footprint and domestic shale gas plays are certainly good to have, and may in fact keep us afloat should the Gulf be closed off. Only time will tell as you say Lloyd.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.