“If you think you can, you can. And if you think you can’t, you’re right. ”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$FSI, good news today.
20, 22, 5 pls cap. Ty. Happy Easter and g/l to all.
24, 5, 9 pls cap. Ty and g/l to all.
Change #11 to #4 pls cap. Ty.
18, 11, 12 pls cap. Ty and g/l to all.
$OPTT, OPT Establishes Partnership with UNH Hydrographic Center
UNH
Ocean Power Technologies has become the latest collaborative partner of the Center for Coastal and Ocean Mapping/Joint Hydrographic Center (CCOM/JHC). Founded in 1999, the objective of the CCOM/JHC is to develop tools to advance ocean mapping and hydrography and to train the next generation of hydrographers and ocean mappers. OPT will provide the Centers with support related to remote sensing using low- and zero-carbon autonomous systems.
“This is a tremendous opportunity to collaborate with a leader in ocean mapping research and contribute to the overall advancement of ocean intelligence and data, something that OPT is incredibly passionate about,” said Philipp Stratmann, OPT President & CEO. “Working closely with the Centers and their industrial associates will provide OPT with opportunities to enhance our WAM-V® and PowerBuoy® solutions to better meet current and future market needs. At the same time, our participation benefits students by providing them with hands-on experience with our technology in real-world environments while also growing the collective database of ocean hydrographic knowledge. This is an exciting partnership that should produce benefits for OPT, the Centers, their students, and the public as we help provide additional information about our ocean resources.”
“We are very excited about OPT becoming an industrial partner with the Center. We believe strongly that our research, our ability to serve our sponsors, and our students benefit tremendously from working with innovative industrial partners like OPT,” said Larry Mayer, CCOM Director/JHC Co-Director. “These sorts of collaborations ensure the relevance of our research efforts as well as expose our students to the realities of real-world applications.”
The JHC is a formal cooperative partnership between the University of New Hampshire and the National Oceanic and Atmospheric Administration (NOAA), whose aim is to create a national center for expertise in ocean mapping and hydrographic sciences. CCOM, a complementary university center, expands the scope of ocean mapping interaction and collaboration with the private sector, other government agencies, and other universities.
According to the JHC, OPT joins a list of industrial associates of the centers, including Fugro, Bluefin Robotics, Teledyne Odom Hydrographic, Norbit, Tyco International, and Saildrone, among others.
Latest
OPT Establishes Partnership with UNH Hydrographic Center
OPT CEO Testifies at NJ Wave Energy Hearing
Marine Advanced Robotics Supports DOE-Funded Offshore Wind Monitoring Project
9, 12, 22 pls cap. Ty and g/l to all.
We've been hangin out in this range for a bit now and just about time for something to happen.
12, 18, 22 pls cap. Ty and g/l to all.
$OPTT few good days going here. What's the plan tomorrow boyz and girlz?
Change 5 to 12 pls cap. Ty.
11, 19, 5 pls cappy. Ty and g/l to all.
It traded heavy most of the day around $1.50/$1.52. One could say accumulated but the reason for that was the weekly MA 20 is at $1.52. They never could seem to clear $1.52 and when they did once it got smacked back down. Additionally eod a decent size bid at $1.50 disappeared so it could close at $1.49. I made a point to watch the close.
Support should now be around the $1.34ish range (daily ema 8)imo. If this range doesn't hold $1.26ish is next imo.
We could call it manipulation but imo they were just reloading.
Another thing about this one is, it's listed as oil/gas/natural energy production but this is far from true. Oil took a major dump today.
Seriously overbought, all out at $1.73
$OPTT mega volume today!
Good volume today.
5, 22, 11 pls cap. Ty and g/l to all.
$OPTT, Ocean Power Technologies granted U.S. patent titled Power Takeoff system for Wave Energy Convertor according to AMTD Think or Swim news.
$TRVI, this works!
5, 18, 9 pls cap. Ty and g/l to all.
22, 21, 12 pls Eli. Ty and g/l to all.
While I guess that is possible I don't see it as probable. With cash on hand institutional investors are now seeing this as an opportunity imo. I think that they feel safe where we are with ballpark 70 mil in cash and o/s of ballpark 55 mil.
Additionally the short interest just decreased by 150,000 shares which granted was only -9%. They've seen the stock here before and may just be satisfied to close their position and pay the interest and move on before the company scores something exciting.
Nearly every stock is shorted so if the timing of my investment is at their mercy as you said, maybe I shouldn't be investing at all but I think I've done ok.
Would really like to hear where you learned about the institutional investors not necessarily being a good thing? You know, the creeps lending shares thing?
$OPTT institutional holdings up to 13.91% from 8.21%.
Duel #1- 24, 5, 12 Duel #2- 10, 48, 11. Ty Eli and g/l to all.
Forgot to pass on my congrats for your win Eli and thx again for spending your time and running this for us.
Roger that my friend. Ty. Still hoping to be around for the actual call though.
LAR 29-23, O CIN. Ty Eli. G/L to all.
That's great my friend. I was curious when they would report.
I'm scheduled to be out of town when they have the conf call but maybe still able to listen in.
9, 12, 5 pls cap. Ty and g/l to all.
That's fine. You can take a contrasting view.
I won't knock that acquisition just yet.
Now the offering has me a little puzzled. Why now when they have millions of cash on hand? Could it be they have something significant to announce so it would be wise to have it raring to go once they do? Guess we'll see.
Change my KC/CIN to Over please Eli. Ty.
KC-U, LAR_U. Ty Eli and g/l to all.
CIN O, SF U, LAR O, BUF O pls Eli. Ty and g/l to all.
I bought some of the FEB options once they calmed a bit. Still not liking that the news didn't hit here as it did WAVE. Had it not popped on Think or Swim and if someone is not tuned to twitter potential or current investors wouldn't have known.
In any case this collaboration with WAVE should only be a good thing imo. I saw where WAVE is doing work for Israel and imagining they could potentially use some of OPTT's offshore products.
Congratulations to all the winners and a big TY to Eli and mods for running another Class A contest.
Cin O, Buf O, TB U, Dal O, KC U, Rams O. Pls Eli. Ty and g/l to all.
Odd that this shows up on the WAVE board but not here.
Eco Wave Power and Ocean Power Technologies Announce Collaboration to Propel Wave Energy to the Next Level
STOCKHOLM and MONROE TOWNSHIP, N.J., Jan. 13, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq First North: ECOWVE and Nasdaq US: WAVE) ("Eco Wave Power") and Ocean Power Technologies, Inc. (NYSE American: OPTT) ("OPT"), two publicly traded wave energy companies, announced today they are working to utilize their complementary technologies and skills to accelerate wave energy projects pursuant to an agreement previously signed.
The companies will work together on several fronts, including knowledge sharing, joint grant submissions, and collaborative assistance in entry to new markets. In addition, joint solutions can be developed utilizing each company's respective offshore and onshore technologies and leveraging OPT's offshore engineering and newly acquired robotics capabilities in Eco Wave Power's applicable projects.
Inna Braverman, Founder and Chief Executive Officer of Eco Wave Power, stated: "This is an exciting time for the wave energy industry, when two complementary offshore and onshore technologies decide to work together by combining their resources and expertise to enhance the global implementation of projects utilizing their technologies. I believe this collaboration will open the door to cross-industry knowledge sharing, as we understand that we are working towards the same goal. Our goal is to create positive impact by adding wave energy to the global renewable energy mix to address climate change."
Philipp Stratmann, President and Chief Executive Officer of OPT, stated: "OPT strives to be a leading provider of offshore data and power solutions and is constantly innovating to achieve this goal. We welcome the chance to incorporate our offshore engineering, deployment, and strategic consulting services with clean and complementary technologies. OPT's knowledge and understanding of the offshore environment combined with Eco Wave Power's track record of near-shore wave energy conversion (WEC) installations present opportunities to unlock the power in waves."
You're correct regarding having enough cash to sustain them for approx 3.5-4 years so I agree that it would be nice to hear something and possibly that's why they filed. Because they have something to tell us.
I would hate being a CEO and not have shares registered when I have news to report.
Wash win, Sea lose pls Eli. Ty and g/l to all.
$OPTT volume light but decent for the first day aft6er a holiday weekend.