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Ocean Power Technologies, Inc. (OPTT)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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1.6575-0.1625 (-8.93%)
As of 1:20PM EDT. Market open.
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  • N
    Naveed
    for anyone looking to make a quick buck read this. this is a long term hold. their products were fit for oil and gas industry but since that's dying, they need to do these types of studies to see where their products can be utilized. New industry or applications need to be identified to create a market.

    we all invested here because we saw potential when we invested here and the company has done everything to make the product better and more robust.

    I support this effort and will buy more on the dip because the future is bright.
  • j
    james
    I can see OPTT landing some large contracts , Department of Defense,would be one of them , anything remote , like an island or any offshore entity could use this technology, there’s a big market for renewable energies off grid, off shore because theirs plenty of interest and money flowing into these startups, there’s been plenty of projects and testing trying to utilize the power and force of the ocean , all types of methods have been used to produce power from oceans currents, and waves, but plenty of them failed due to lack of funding or failure,and design flaws, Ocean power Technologies was able to pull through all that and now I think they have a long and lucrative future ,nows a good time to invest in OPTT, I don’t think they’ll stay this cheap for much longer !!
    Bullish
  • j
    james
    I bought and held OPTT though September, then of course I sold just before it took off 266%^*%#,so now here I am back in again , only this time I’m sticking around because OPTT is in a great position, they have a proven , effective technology in the renewable energy market. Most analysts don’t know what to make of OPTT and have set a HOLD on them , their latest contract with ACET to conduct a feasibility study in support of the SEA, Land, Air, Military, Research (SLAMR) initiative is a great opportunity and win for OPTT as it can be a focal point for the SLAMR mission profile and could make OPTT the basis of an autonomous offshore 5G communications system!!
    Bullish
  • A
    Asif
    Can anyone please tell me why is dropping like that?? Any imput will be appreciated.
  • D
    Dennis
    I guess it is fairly obvious to most that this stock, like many out there, is being manipulated by algos. That's why the chart line looks like a hacksaw blade (instead of a more natural, irregular, broken-glass look). The hacksaw blade' chartline is caused by tiny differences of a cent or two back and forth. The algo always trades it down, always aiming at a price slightly lower than the last one. Is this a correct assessment of what is happening here? And an accurate explanation of why, for example, on the good news 2 days ago of the contract related to the US Navy, the price STILL went down?
    My fellow investors, I ask you: is this correct, or is it a mistaken analyisis?
    And if it is correct, my question is: when is the algo removed? Does there come a time when the Market Maker is satisfied, and stops using the algo. Is there any way of predicting when this will happen, or do we just wait and see?
  • j
    jeff
    ♻️ Ocean Wave Renewable Energy

    Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North and South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in remote offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and payloads, integration services, and marine installation services. In addition, it offers electric power and real-time data communications for remote offshore and subsea applications in markets, such as offshore oil and gas, defense and security, science and research, and communications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was founded in 1984 and is headquartered in Monroe Township, New Jersey.
  • j
    jeff
    Gold mine. They have zero competition and now they are affiliated with the government.
  • E
    Edward Peters
    They should announced when the project is done. We have now installed 5G grid on our x#'s of Power buoys. That should be the headline. Not that we need to have studies about this. Sorry guys, I had high hopes.
  • G
    Grace
    After what I read about OPTT on (http://webstock.today) the other day, I’m starting to think about opening a position.
  • N
    Neal
    Buy more , 2.50
  • I
    Isobel
    (http://webstock.today) covers stocks like OPTT in their research. You should check it out.
  • N
    Neal
    Good time to buy
  • R
    Randy
    Finally a mustang in stock OPTT clean energy political hot point. Say bye-bye to 52 week high by Tuesday
    Bullish
  • M
    Mor
    Shares of Ocean Power Technologies Inc. could possibly lift to approximately 34% in very active trading, to keep its recent big rally going. Besides, there are other industries that could possibly improve their efficiency and develop their AI capabilities. ( Please check disclaimer on landing page : ) http://psce.pw/AIandTechSectorMassiveTraction
    AI Stocks About To Slap Wall Street In The Face. Here Is Why?
    AI Stocks About To Slap Wall Street In The Face. Here Is Why?
    psce.pw
    Bullish
  • E
    Edward Peters
    Nice consolidation in between moves. I like it when it moves up slowly and holds its gains. This afternoon could be interesting.
  • E
    Edward Peters
    I see a lot of people comparing the price of NRG from solar, wind, and hydro. You do realize that out of the three, one will work all the time. The sun doesn't always shine, and the wind doesn't always blow, but the ocean currents are constant, and can produce power 24/7. I hope this helps you see the difference a little.
  • N
    Nabiel
    I bought 3.55 yesterday sold 2.21
    I lost big amounts of money I thought it will drop to 1$
    What do you suggest if you are in same situation? Are you going to wait or accept the lost?
    Please share your opinion
    Thanks
  • E
    EC
    heading to 3+ today
  • D
    Dennis
    Contract with the US Navy- US Navy? Never heard of them. Please- sell more, so the shorts can make more money here :)