Big Alternative Energy Short of 2012 Takes One Day to Work
Well, that was fast.
The analyst who was synonymous with the big, and very profitable, solar stock short of 2011 made a new alternative energy short call on Monday, and it's already working.
Yesterday Gordon Johnson of Axiom Capital launched coverage of shares of battery maker Polypore(PPO_) -- a play on the electric car market - with a sell rating and a $26 price target, representing 54% downside from its opening price on Jan. 30.
On Tuesday, shares of Polypore fell by 30%....MORE