Wallstrip goes Geothermal…with Ormat Technologioes (ORA)

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  • on September 27th, 2007

Ormat (ORA) looks good from a trend perspective. All systems are go:

Strong general market…check

Hot business…check

Momentum…check

Very little Wall Street coverage…check

All-time high…checkomundo

It does have low volume so you need to manage your position size well.

I said that back in February as well when I first bought shares. The stock still looks ready to burst higher. Lindsay walks you through the business today on Wallstrip . Here is the Google Finance page . Here is the company’s website .

Brian has the technical details (he likes it too):

Disclosure – Long Ormat

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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