Replies to post #1182 on Ocean Power Technologies Inc (OPTT)

[frankvestor8]

Erratum

"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. 1/20 of that would be $92 million. 1/15 that would be 122 million.

Just look at when in the subsequent years OPTT has ever generated $92-122 million cash. It simply kept on burning cash year after year.