Shares of A-Power Energy (APWR) which had been on a tear have given it all back in a just a couple weeks with the private placement this morning providing a staggering blow.  The company announced that it had closed a private placement for $83 million in cash to institutional investors with the bulk of the proceeds being used to fund the EVATECH acquisition.  Why the company would issue these shares at $14.37 crushing existing shareholders … Read the rest