4 Reasons Why Orion Energy is a Good Short Candidate - Ivanka Tolstoy

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4 Reasons Why Orion Energy is a Good Short Candidate
Jun 16, 2008 01:20 PM UTC

Ivanka Tolstoy

Return	Risk
+64.62%	MID

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Symbol	Sentiment	Start	Return	Closed
OESX		06/16/08	+64.62%	--

Via Short Stock Ideas from Seeking Alpha:

Orion Energy (OESX) may be headed for trouble in the near-term. Here are a few reasons why I think this is a short candidate:

1) The company's IPO lockup expires this week. A very large percentage of the company's float will now become available. Given how this stock has performed since the IPO (not well) and how it has become the center of a class-action lawsuit, I suspect those who are now capable of dumping their shares will do so.

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