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Orion Marine Group, Inc Message Board

  • mikemullaney67 mikemullaney67 Sep 25, 2011 10:42 PM Flag

    gotta go up

    this is the worst of times for ORN in my opinion. If you have the nerve, it would seem a great buying opportunity for long money. Infrastructure --- COngress has all governemnt funding for these types of projects completely tied up right now --- but the need / demand is clearly there and the work will have to be done at some point. Natural disasters this year have been particularly rough creating speical projects for ORN all over the East coast. No debt, always a good thing in lean times.

    ORN is a victim of these tough times --- but when the economy does pick up, and it will, ORN will be an immediate beneficiary based on the mega known needs in both provate and governemnt projects.

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    • especially with the new 40 Million $ Contract....

      Guess we can head to 7$ with that and the friendly market atmosphere

      • 1 Reply to mr_snowblack
      • You bet --- for ORN, these are the worst of times. Poor economy, pathetic government, presure on fiscal spending. Everything they do is being negatively impacted by circumstances --- But it does not take away the reality that these projects serve vital interests and eventually must be completed.

        For investors, the worst of times should spell the best of times to get it -- if you believe that infrastructure spending will revitalize, government will get past gridlock, ORN should be a big beneficiary of these projects and the stock price is definitely at a point where entry has limited downside risk now --- I see ORN as a solid double and possible triple past next years election as much of the panic will lift on stocks like this.

 
ORN
12.71+0.09(+0.71%)Apr 17 4:02 PMEDT

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