Ocean goes IPO

Ocean energy is attracting some additional attention these days in the financial community, now that New Jersey based Ocean Power Technologieshas gone IPO. Initial reaction from analysts in
Forbes, Red Herring and the Street.com are mixed. On the one hand, there's a sense that investing in ocean energy carries some potential, now that anything green is red-hot. On the other, there's some doubt over whether OPT (or any ocean energy company, for that matter) will be profitable near-term given the early stage of the technology. Take a look at the commentary, and decide for yourself.