Sep. 15 at 9:01 PM
$ORN $8.70 +1.16 +16% after double topping around
$10.60, now giving back over 50% of the move. New contracts of approx 10% of their sales volume is great, however, is that just replacing contracts that are expiring?, i.e. a company has to continually get new contracts just to replenish backlog. So, without knowing more about the contracts, I would say a 40% pop on that news was probably too much.