Replies to post #1840 on Ocean Power Technologies Inc (OPTT)

[cjstocksup]

Sounds like you made the right decision and so did anyone who got shorts over $13.00 to $16.00 and were patient. The EOD low volume drop took out all day traders. I will be watching for another trade ahead. My trade was pre market to $16.00. Got lucky. Should have went short there but knew I would not be around to watch all day. I am just getting to my laptop now to catch up on all my stocks.

I hope you do well in your trading but for me, the whole value of OPTT rides on sufficient volume of sales or other revenue to sustain the business without blowing out the share structure

having not done that after sufficient time to achieve "market awareness" the technology is of speculative value and the remainder of the business usually is of little cash value

it's just a suck wind type of situation for micros

If they generate some serious revenue SOON, that's a different story

and for that reason, I'm out

spec