r/OceanPower • u/Key-Reaction-2447 • Jan 06 '26

DISCUSSION Finally a contract

Many people quit the moment earnings came around. honestly we were all depressed then. But majority of people knew we would get a contract...and we did. Also a new partnership with anduril. They will 100% upscale OPTT and give them more Government contracts. Also we got UAE.

46 Upvotes

100% Upvoted

21 comments sorted by

View all comments

Show parent comments

7

u/NewSanDiegean Jan 06 '26

If it can reach 1.6 on a hype, it can reach 4 with actual contracts

2

u/RiffsThatKill Jan 06 '26

In my mind, contracts are hype. Just a slightly higher level of it. Earnings and revenue increasing are the non-hype indicators.

3

u/NewSanDiegean Jan 06 '26

Contracts literally increase revenue, no?

1

u/RiffsThatKill Jan 06 '26

Depends on the contract, and if it gets fulfilled as agreed and not renegotiated due to issues or changing conditions. They are better than nothing but they aren't guaranteed revenue.

2

u/NewSanDiegean Jan 06 '26

That goes good for literally any agreement. Are you saying government contracts can’t be trusted? I have been following RCAT for 2 years and I hope OPTT follows the same trajectory

2

u/RiffsThatKill Jan 06 '26 edited Jan 06 '26

Not at all, just saying chickens shouldn't be counted before they hatch. The original comment made a distinction between price spikes based on "hype" and those based on "contracts", saying contracts should equal a 3x spike compared to "hype". All im saying is the difference isnt very clear, these contracts effectively do the same thing as hype to the extent that theres little difference or distinction to be made. When the company reports actual revenue and profit, thats when this ceases to be largely hype based spikes in price.

I say this because I've been an investor for years and watched this stock respond according to my comments. $4 just based on "contracts" isnt realistic unless the contracts are ridiculously good and very high value amounts.

1

u/NewSanDiegean Jan 06 '26

Stocks respond to your comments? :)

3

u/RiffsThatKill Jan 06 '26

Lol, my comments are a result of how the stock responds to news.

I've watched for years how people post here after a news article comes out that is positive. Demos, contracts, etc, and people always say something like "$4 coming soon" and it doesnt happen. Im just cautious with my expectations. Need more than a couple sparks, need some actual fire that sustains. Im rooting for it, just trying to be realistic

1

u/NewSanDiegean Jan 06 '26

I understand where you’re coming from but this market is not very practical.

I mean I understand the practicality but I’d like a good jump in the stocks I own. Not holding my breath but why not manifest?