Summer and lower prices
It has been a year of turmoil in the stock markets, and why would capstone raise money at 1.85 share price if there was not some uncertainty on the horizon.
My predicition is this, wait for the summer lows. People in the market, investors who want to keep telling us things are turning around, what needs to really start happening is somebody needs to make money and they can't be a banks and it can't be balance sheet corrections.
The effect on the economy of all the people recently layed off and the slowing of the economy, has not really filtered through the system yet. Capstone is a great company with great opportunity, nothing is going to happen fast and so I cashed out last week with some reasonable gains, i believe there will be some overhang with this private placement.
IMHO
I believe the summer will be new lows to the entire market place, and while I don't think capstone should be trading lower, i think you will have an opportunity to pick it up at much cheaper prices in a month or two.