Ocean Power Technologies Inc (OPTT)

[$oldier Hard]

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?