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DayStar (DSTI) Higher On Positive Analyst Comments

June 11, 2009 10:37 AM EDT
Shares of DayStar Technologies (Nasdaq: DSTI) are seeing significant upside action mid-day. The stock is up 27% on heavier-than-normal volume.

Investors could be reacting positive to an analyst note from Cantor Fitzgerald, which said after a meeting with the CEO, "we are now more comfortable that there will be a positive outcome for DayStar." The firm also increased their estimate to a 60% chance that the company will find a strategic partner that will move the company toward production.

Link to more of the Cantor comments on DSTI.

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