price drop warranted or just short selling????, page-5

Here is a summary from the AFR:

Shares in Origin Energy have been on a downward trend since Australia's largest power and gas retailer forecast flat net earnings in 2012-13, compared with expectations of a 5 per cent increase. Although other guidance of 10 per cent growth in earnings before interest, tax, depreciation and amortisation was in line with forecasts, some analysts are concerned that Origin Energy will offer little growth until its $US20 billion Australia Pacific LNG joint venture in Queensland starts production in 2015, and therefore the stock should be priced accordingly. Market concerns about Origin's funding flexibility will be relieved once the company achieves its targeted sell-down of its stake in APLNG, which is not expected before the year-end. Origin also faces pressures in its retailing business due to a subdued outlook for energy demand for several years to come and more intense competition in the key NSW market.