If you follow this company closely you could have seen this one coming. Multiple insiders were buying up the stock over the past week and CECO tends to announce orders like this throughout the quarter. These type of announcements tend to make the stock spike since it is a small cap stock at only 126 million in market cap.

With the addition of Fisher-Klosterman, Inc. I think CECO Environmental Corp. (CECE) is still a great buy at these levels and will have a very successful 2008 even with a slowdown in the US economy. This site is all about long term investment after all and with a air-pollution controls market that is growing this fast CECO is certainly in the right spot.