Volume Spike Investor

A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) is seeing a continued surge in both price and trading volume.  This stock is up 6% at $30.18 on right at 600,000 shares at 10:10 AM EST.  There is no fresh news, but this one has been on a tear as shares were at $23.00 just five days ago.  This saw 3.113 million shares trade yesterday and 1.194 million shares trade on Monday.  Some chartists might call this the capitulation day.

A-Power Energy Generation Systems, Ltd. designs, constructs, and tests distributed power generation systems to factories and users in the People’s Republic of China.

Avg. Daily Volume:   423,000
52-week range:     $7.25 to $29.50 (before today)
Market Cap:   $392 million

Jon Ogg
June 18, 2008