Ocean Power Technologies Inc (OPTT)

[JeffTee]

The two products manufactured by Ocean PowerTech are in my opinion low tech products that no one currently buys and no one will buy in the future. It produces a buoy, a pb3, that costs over a million dollars. This cost was shown in public disclosure of their contract with Enel. The device produces only 350 watts on average when a home solar cell produces 400 watts and costs about 400 dollars. Then they purchased a toy pontoon boat company called MAR. 12 million purchase price with little or no sales.

[JeffTee]

Fundamentals matter in investing. $optt has existed for over 30 years and has not provided any earnings or dividend or growth to investors. Just massive losses.

[JeffTee]

July 13 is annual report release with massive losses in my opinion to be released. Great short - ride this to a zero

[JeffTee]

red day, great day to short optt. An almost no revenue company for 30 plus years

[$oldier Hard]

That would be actually 85.96%. Decent size of retail ownership along with institutions.

[JeffTee]

I believe massive losses will be disclosed on July 13

[JeffTee]

OPTT is a losing stock, heading towards bankruptcy every day!

[JeffTee]

Poster below, follow institutions?? This means that 86 percent of retail investors own this only loss giving investment. Sell it, short it to make profit on this loser.

[$oldier Hard]

40 institutions holding 14.04% of the companies stock. Imo some may want to follow the institutions rather than a message board poster who wants others to follow him/her.

[JeffTee]

Ocean Power Technologies claims to be in businesses that it has no sales. Like marine domain awareness - it has no sales. Ocean communications - zero sales. Oceanographic surveying - maybe it has several deployed, and with so little sales, it cannot turn itself to cashflow positive without massive layoffs.

This is a great short. Ride it to zero.

[JeffTee]

Strong short!

[JeffTee]

Just false pumping!

[JeffTee]

Just false hoping by pumpers

[JeffTee]

Wrong!

[JeffTee]

False hopes, not fundamentals

[JeffTee]

No! Wrong! And just false guess!

[JeffTee]

On a product comparable, optt’s product are toys compared to military or oil and gas heavy industrial product. No sales made by Optt in either market segment.

[JeffTee]

It’s over valued on any measure considering fundamentals!

[JeffTee]

Fundamentals matter not hype, innuendo, and false hoping. Optt’s PB3 buoy produces an average of 350 watts of power and needs augmentation with batteries. Priced at over a million dollars makes the PB3 unsellable. A home solar cell, costs $350 USD and produces 400 watts. No wonder the PB3 has only 1 sale in 30 years.

[JeffTee]

Shorting Optt makes money on this almost zero revenue stock.

[JeffTee]

Go down Opt!!! Towards zero.

[JeffTee]

Short sellers continue to win on this stock!

[JeffTee]

I love shorting Optt, an almost no revenue stock after 30 years in business. Their business model, make product that no one wants, change the marketing, see if it sells (it doesn’t), lose millions of shareholder $, raise capital. Repeat.

[JeffTee]

Almost no revenues and huge losses!

[JeffTee]

I love shorting optt

[JeffTee]

Short sellers continue to win on this stock!

[JeffTee]

No volume - just fundamentals! After 30 years of losses (never ever been profitable), stock price should be below book value as management and the board burns its cash

[JeffTee]

Almost no volume anymore! Hah

[JeffTee]

Drop OPTT like an anchor!!!!

[JeffTee]

On 10k, I believe revenue for the year is 1.2 million and losses of 24 million for the year. Don’t be long when the 10k is published. Stock price will drop

[JeffTee]

10k to be posted soon

[JeffTee]

PT of zero - just a matter of when it gets there. No revenues.

[JeffTee]

Optt is one of the most spammed and pumped/dumped stocks in the market. Avoid or short it to make money!

[JeffTee]

OPTT is an almost no revenue company after 30 plus years of product development where they have invested over 300 million of investor money into a buoy, an ocean buoy that costs over 1.5 million dollars and has zero sales.

Great short.

[JeffTee]

Optt is one of the most spammed and pumped/dumped stocks in the market. Avoid or short it to make money!

[JeffTee]

Optt has almost no sales because the market views its products as not worthy of purchasing

[JeffTee]

Ocean Power Tech fell about 80 percent in 1 year. This is an investment to lose, not make money

[JeffTee]

OPTT has about 35 million of market cap on this almost no revenue company. I am riding this to zero!

[JeffTee]

PT of Zero

[JeffTee]

There is so much info to post on OPT's poor management and board of directors. Over the last 1 year as CEO, Stratmann, the CEO has produced almost 80% losses for shareholders.

[JeffTee]

There are so many better products addressing ocean surveillance than OPT's products. Ocean Aero's Triton is a submersible, self charging drone that can surveil the ocean surface and underwater with better technology

[JeffTee]

Short sellers are making a ton of money on Ocean Power Tech. An almost no revenue company after 30 years in business

[Mountainman5]

GOOOOOOOOOOOO OPT GOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Mountainman5]

Bipartisan Infrastructure Law Will Energize America With Water Power (BIL) - About $ 1 billion from the BIL will fund water power projects!!!!!!!!!!!!!!!!! OPT is in the pole position!!!!!!!!!!!!!!!!!!!!

[JeffTee]

No one is optimistic on this stock after losing more than 75 percent of its per share value in1 year. And it was under the watch of Stratmann, the blathering incomprehensible CEO that took over as CEO 1 year ago.

This is the same person that doesn’t take calls from retail shareholders.

[Mountainman5]

I AM VERY OPTIMISTIC ABOUT THE FUTURE OF OPT!!!!!!!!!!! OUR NEW MANAGMENT IS TOP!!!!!!!!!!!!!

[JeffTee]

The 10K will be posted on 7/13 and Optt hasn’t made any announcement on any product sales in over 2 years. The stock is a great short!

[JeffTee]

Optt is one of the most spammed and pumped/dumped stocks in the market. Avoid or short it to make money!

[JeffTee]

Earnings are coming, rather massive losses are coming.

[JeffTee]

Optt is an almost no revenue stock after 30 years of product development d close to 300 million dollars wasted.