Replies to post #1180 on Ocean Power Technologies Inc (OPTT)

[tbonaces80]

R and Development cost reimbursement contracts. CPIF and CPIF types for research, large studies used to meet government needs is the way to go. $40m appropriation is one way to help support cost constraints such as labor hours, material requirements, necessary to perform the work. It will and is happening. If it's IDIQ in nature. Lookout above. We will skyrocket.

[frankvestor8]

Nothing always works when it comes to stock market.

"The market is or will be pricing in 15 to 20x of future cash at any time."

In 2008, this stock traded at $180. Shares outstanding back then was 10.2 million. So the market cap was 1.8+ Billion. 15x that would be $27.5 Billion. 20x that would be 36.7 Billion.

Just look at when in the subsequent years OPTT has ever generated $27-37 billion cash. It simply kept on burning cash year after year.

Did that prove your statement at all? LOL.

OPTT will be burning cash for many years to come! Wake up!

100+% interest rate is the only factor that has kept me from shorting it. Moreover, the chart pattern has not given green yet. But the time will come in the next few months.