Open Your Eyes!

4 Reasons Why Orion Energy is a Good Short Candidate

Ladies and Gentlemen, Orion is a LIGHT FIXTURE manufacturer nothing more. NOTHING MORE! This is a quote from their own prospectus "Orion Energy Systems, Inc. designs, manufactures, and implements energy management systems, which consists primarily of energy efficient lighting systems, controls, and related services."

All the hype in the world does not change that. "Energy Play" my backside.....they build a commodity item that is carried, distributed and sold MUCH more effectively by literally scores of other companies.

Sure, the light saves money. So does every other Fluoroescent HIghBay on the market. Google the term "Fluorescent High Bay" and see for yourselves. But, does that deserve a P/E of 50 plus? No, look at the others in the market that are large, entrenched, established and much more diversified; such as Acuity brands AYI, cooper CBE, and many others and see where they are PE wise.
AYI and CBE, $2 billion and $7 billion in revenue with stronger earnings have an average PE of 12... and bothe have much better operating margins.

So, this is a $3 to $4 stock TOPS! And, that is where it is headed folks...sooner rather than later.

Also, I own none of the stock, never have and never will...for those that watch that sort of thing. You want an industrial play try UTX.