Replies to post #14436 on Capstone Energy Inc (CGEH)

[Seasound]

{What is happening now is the shorters are leaving.}

Why would any shorter short @ 89 cents unless the Q3 numbers are terrible? If they are leaving I would think that is due the fact that they have covered and are awaiting the next run up to a buck or so. At that time they all pile back in...unless the hypothesis proffered in your second sentence holds true.

[gene_genome]

"Cash burn of $2.6 million, compared to $7.4 million a year ago"...

I sure don't understand how cash burn can be just $2.6 Million..when net loss from operations was over $6.2 Million..unless borrowings were added to cash and cash equivalents....

10-Q>>Interactive Data>>Financial Statements>>
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

3 months..ended 9/30/12..
Loss from operations..(6,235)
Net income (loss)$ (6,181)

Net income (loss) per common share..($6,181)M divided by 300,254M common shares..equals $ (0.02)..as reported..

http://www.sec.gov/cgi-bin/viewer?action=view&cik=1009759&accession_number=0001104659-12-076008&xbrl_type=v#

[zoneup]

Capt Whiz, not at all. Your mgmt has diluted the holy croopola out if it, its not manipulation but nothing short of your mgmt selling shares reducing your value, over and over. Dont give me the pom pom speech, have followed this rusty turbine for years.