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  1. Wirestripper is offline
    Wirestripper
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    03-09-2009, 11:22 PM #71
    Quote Originally Posted by choirgirl View Post
    I don't want to interfere in your conversation about CPST, but if you are right about the turbines on buses in Europe, there is a good chance they participate in the new fleet on buses and streetcars in Germany, which is part of their stimulus. Siemens will have the lead in that project, my brother in law works there.
    Your not interfering at all. That is good news.

    As to my conversation, I just finished some more research, and based on that I am comfortable with my position, even though I have lost about 20% since I pulled the trigger.

    This company, as I said, has growing pains. The quarter loss was 10 mil, about 6 cents per share. The loss was not cash burn as I had originally surmised. It was inventory and accounts recievable. They have 25 mill COH and just did a 10 mill revolver with Wells Fargo last month in the middle of this crunch.

    Their credit is good and they have very little debt.

    The stock is trading at about 35%of book and going lower. That's nuts!

    They have a huge backlog and are growing at 50% YOY last quarter. Margins are moving to the 40% range as they institute just in time and cast parts.

    They are doing the right things, cutting OH and increasing turns.

    It's just a matter of time, and they are GREEN for the Obama plan.

    Just saw one of these things going on top of a Walmart supercenter last week. Don't know if it was Capstones, but it looked just like one.

    This is another stock that is under duress by the shorts and the MM's.

    I'm gonna buy some more as soon as I can.
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  2. tucknroll is offline
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    03-09-2009, 11:32 PM #72
    Quote Originally Posted by Hopeful View Post
    HUH??? Please elaborate...
    think metallica.....nite=mm's
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  3. Wirestripper is offline
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    03-10-2009, 12:50 AM #73
    Quote Originally Posted by Hopeful View Post
    HUH??? Please elaborate...
    Hey Hopeful....Don't mind us, some are letting off some steam because of the lack of progress today.

    As for me, I was not too surprised. I looked at my trading calender and I had written on it last week that there may be another buying opportunity mid week.(tuesday or wed) If that comes true, then I suppose I can say I was prepared.

    Nothing this stock does surprises me anymore.
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  4. Hopeful is offline
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    03-10-2009, 01:05 AM #74
    No Worries Wirestripper!!! I just didn't understand that's all lol... Not big on Metallica...

    I enjoy reading your guy's posts!!! I think we are all frustrated about today lol, I bought more today... Probably should have waited like you, but oh well! Have a good night!
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  5. GTSViper is offline
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    03-10-2009, 02:13 PM #75
    Well, let's see if the MM's tear the stock down lower at 2:00 and make a last second run up at the end of the day...........
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  6. relmor2003 is offline
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    03-10-2009, 02:17 PM #76
    Quote Originally Posted by GTSViper View Post
    Well, let's see if the MM's tear the stock down lower at 2:00 and make a last second run up at the end of the day...........
    I agree. I was goig to sell at .1475, but I dont trust the MM's are far as I can throw them. Might see the same BS end of day jump. Tomorrow might go past .15 and hold. .16 by Friday, and heavy buying EOD on Monday. Price at .17-.19 cents, then a pullback off anything showing weakness in the report, miss their share loss of .07, add more writedowns(i dont believe they will) or show a poor guidance. If its the other way, and its a good COH situation, churn stays where it has been and subs increase, me might hold above .20 cents at that point.
    The other scenario is a slow take down right till Q4 numbers. Not sure yet. Im holding, I need to finish adding 1/5 of my position still , and was searching for direction. MM's are giving none. They are good for a reason. Keep even the most knowledgable retailers guessing, then they are doing their job. They know where the stock is headed, we just dont.
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  7. GTSViper is offline
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    03-10-2009, 02:23 PM #77
    If they take it up at close, I would not be surprised to see it close between .152 and .154 today. If this happens, I agree with you that we could definately see it settle above .16 before the end of the week. You may even see a bit of a run up on Friday. Waiting patiently!
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  8. Wirestripper is offline
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    03-10-2009, 02:27 PM #78
    Quote Originally Posted by GTSViper View Post
    If they take it up at close, I would not be surprised to see it close between .152 and .154 today. If this happens, I agree with you that we could definately see it settle above .16 before the end of the week. You may even see a bit of a run up on Friday. Waiting patiently!
    I'm more inclined to believe that it will dip a bit before it runs up to the 17th.

    The MM's and big boys need to have another buying opportunity, and I don't want to get in front of them.
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  9. Wirestripper is offline
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    03-10-2009, 02:29 PM #79
    Looks like I just got promoted! :-)
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  10. GTSViper is offline
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    03-10-2009, 03:40 PM #80
    I am shocked they have not taken it down late this afternoon. Could we close above .152? We have a shot if they do what they have been doing the last few days.
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