OESX re CW's T.S. MoneyShow pick:
"A Play on Energy Efficiency" http://www.moneyshow.com/msc/investors/article.asp?aid=tptp042408-14486&iid=tptp042408&scode=008542
Tobin Smith, founder of ChangeWave Research, says more efficient lighting is the easiest way for many companies to save energy, and he finds a stock that should benefit.
Orion Energy Systems (OESX) went public in December 2007, http://www.ipohome.com/common/ipoprofile.asp?ticker=OESX
...so watch out for a number of shares from the 180 day locked shares to come to market in June 2008.... http://www.sec.gov/Archives/edgar/data/1409375/000095013707018686/n17612b4e424b4.htm#117
Chart : 6 month http://finance.yahoo.com/q/ta?s=OESX&t=6m&l=on&z=l&q=b&p=m50,m20&a=vm,m26-12-9,r14&c
Doing a word search, I found a copy of C/W's April 14, 2008, weekly update to subscribers that mentions the locked up shares that was not included in Tobin Smith's MoneyShow commentary. http://www.changewave.com/subscriber/updates/2008/04-14-08_changewave_investing_weekly_update.html
...Additionally, the lock-up period for Orion's IPO shares ends on June 16, 2008, so there is no need to get overly aggressive when buying the stock. The end of the lock-up will expand the float dramatically, and thus the supply of shares available for sale, some of which will undoubtedly hit the market....
NOTE re the weekly update above:
Do NOT base investment decisions on it, due to the fact any and/or all stocks mentioned may no longer be on his buy list, etc.