Stock Alert: OPTT, SCHN
by Harris Roen, Editor
Roen Financial Report
Thursday, April 9, 2015
Today’s Alert:
Ocean Power Technologies, Inc (OPTT)
Schnitzer Steel Industries (SCHN)
Two speculative green pure-play stocks move on large volume, one up and one down.
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| Ocean Power Technologies stock pops 21% on large volume as a result of positive findings of its technology from the Department of Energy. This speculative stock is still down 80% in the past 12 months, but has gained 41% from its lows in March. | NASDAQ Global Newswire |
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| Recycling company Schnitzer Steel Industries releases a disappointing earnings report. Revenues drop 21%, and net income turns negative. SCHN drops 4% on the news, and is within 2% of its ten-year low. | SEC filing |
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