Three Stock Alerts: CREG, EFOI, OPTT

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By Harris Roen

Three volatile alternative energy stocks release earnings reports. Two of the stocks jump, one drops.

China Recycling Energy Corp (CREG)
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Latest earnings report for China Recycling Energy Corp shows a huge jump in revenues and net income. Insider selling, however, has led to stock losses. CREG is down 75% from where it was trading just this March. Seeking Alpha
Energy Focus, Inc (EFOI)
Profits jump for Energy Focus Inc, up over 50% from the previous quarter. EPS losses collapse to near zero, and next quarter guidance is positive. EFOI has gained 24% in two days on very large volume. Reuters
Ocean Power Technologies, Inc (OPTT)
Ocean Power Technologies more than triples revenues from the previous quarter and year-over-year. Net income drops, but quarterly EPS losses narrow. OPTT popped up 15% Friday, but is still down for the year and almost 80% below its highs of 2010. CNN Money

DISCLOSURE

Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.

About the author

Harris Roen is Editor of the “ROEN FINANCIAL REPORT” by Swiftwood Press LLC, 82 Church Street, Suite 303, Burlington, VT 05401. © Copyright 2010 Swiftwood Press LLC. All rights reserved; reprinting by permission only. For reprints please contact us at cservice@swiftwood.com. POSTMASTER: Send address changes to Roen Financial Report, 82 Church Street, Suite 303, Burlington, VT 05401. Application to Mail at Periodicals Postage Prices is Pending at Burlington VT and additional Mailing offices.
Remember to always consult with your investment professional before making important financial decisions.

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