Thursday, June 11, 2009

Small-Cap Green Energy Stocks Stage Huge Rally

From Tech Trader Daily:

So, uh, does anyone else think that the small-cap green energy stocks are
looking a little frothy?

As I noted yesterday, the solar stocks in general have been rallying
impressively, doubling off their March lows. But what strikes me this morning is
how the whole green energy sector - in particular, small- and micro-cap names -
have move dramatically higher in just the last few sessions.

DayStar Technologies (DSTI), today is up 28 cents, or 26.7%, to $1.33. Since Friday, it is up 87%.

Last month, the company said it was running out of cash and might for bankrupt.

Also last month, the company’s CEO resigned, and it cut staff 30%.

Capstone Turbine (CPST) today
is up 31 cents, or 42.2%, to $1.05. The company today
that its “liquid fueled microturbine has been successfully integrated
into a Ford S-Max people carrier.” >>>MORE