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Ocean Power Technologies, Inc. Message Board

  • seanberry36 seanberry36 Mar 21, 2014 1:07 PM Flag

    5 Day chart shows we are oversold!

    Low 4's seem to be the new floor. A ton of loading going on at this level!

    Sentiment: Strong Buy

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    • sb36,
      When OPTT in the near future, breaks out of the 4's into the $3's it will find some support in the low 3's. If it breaks that support it is going to the low 2's for sure. At the current cash burn rate, if they have not started to dvelope a real wave-energy park (by 2016) they will go to the pink sheets and if they have any valuable IT, it will go for ten cents on the current pricing of the stock.
      GOOD LUCK to all you who are "STRUCK-BY-A-BUOY" in yourHEAD! YOU will NEED LUCK! It's naught happn-nin' anie-auther-waay with OPTT'd!!!!!!

      • 1 Reply to hemmerrob
      • You mean you "HOPE" it breaks down into the 3's. You should reorganize your posts to show that they're opinions and not facts. No one knows whats going to happen in the near future. But i believe its safe to assume that there are a few big catalysts on the way that could send this company into the 10's. You and i both know they're looming....but i'm excited, you seem cover soon.

        Sentiment: Strong Buy

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