I don’t mention stocks under $5, but take a look at [[CPST]]
Joined Jan 27, 2008
7,405 Blog Posts
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CPST broke above the 200 weekly sma which was my buy trigger so I am now in this one. CPST has a order backlog, patents on its microturbine, and is continuing to receive orders (It does a lot of work in NYC but has an international client base also). It is also involved in distributed energy which I think will become more popular.
This is a several years hold (unless its superb fundamentals fizzle out before then). Reminds me of VDSI. And the bullish chart, of course, reflects the fundamentals.
I’m also in this one, however I was unable to post it due to iBank’s slow server.
I shorted 1,000 shares today and banked $140. Will continue to short this stock as I did the last time it made a run higher. It was a great stock to trade back in 2005 and am hoping it will be again.
MM