December 15, 2008 ndash; Analyst Comments ndash; Global Hunterrsquo;s Jason Cable weighed in on Ocean Power Technologies (Nasdaq:OPTT), downgrading the stock to NEUTRAL after the company reported quarterly results below expectations and amidst poor visibility. Last week Ocean Power released Q2 financial results: middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Revenues for Q2 were $667 thousand, down from $1.6 million, and net loss was $6.1 million or $0.60 per share, as opposed to a net loss of $1.8 million, or $0.18 per share last year. middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Revenues for the six months ended October 31, 2008 were $2. 5million, compared to $2.2 million for the same period last year, while net loss was $10 million, compared to a net loss of $4.3 million last year. middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Contract order backlog increased to $8 million, from $3.7 million at the end of the previous quarter. middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Cash amp; cash equivalents were $89.6 million at October 31, 2008. Cable was ...