Ocean Power Technologies Inc (OPTT)

[ash111]

Special DD: Things gonna move faster w/The US navy as well as a new huge Market just been declared .a powerful balance sheet a/o today, best in years ( a strong cash on hand too), tiny debt,a low risk w/impressive upside potential due financing already completed recently, trading close to Cash on hand. this is a gold mine at current price.

Reminder: the FY 2016 US Navy budget for the Department is $161.0 billion. beside J.V w/HAI leading provider to the US Navy http://www.hydroacousticsinc.com/index.html , OPT also contracted to design sensor buoys for US Navy http://navaltoday.com/2016/09/15/ocean-power-technologies-gets-contract-to-design-sensor-buoys-for-us-navy/

OPT just expands to Houston to explore oil & gas chances http://tidalenergytoday.com/2017/07/26/opt-expands-to-houston-to-explore-oil-gas-chances/

"commercial contracts and strategic partnerships " with the Houston's presents...oil and gas business....i can understand why insiders purchased more than 100k shares recently. this stock not for a swing. buy&hold. a huge new market just been opened this week. could be a massive effect on a $10m cap company. imo this stock has a huge run coming based on a series of events. Positive results, hiring, manufacturing / business expansion.
hope everyone is locked and loaded.