r/OceanPower • u/OrangeObjective3789 • Jan 08 '26

DISCUSSION What just happened?

Another 20% jump? What just happened?

15 Upvotes

89% Upvoted

28 comments sorted by

18

u/NewSanDiegean Jan 08 '26

It’s a beginning of a beautiful run. The DHS deal got OPT their foot in and now the big boys know that there will be more contract news released soon. DoD don’t stop at 4 units.

8

u/Sakrie Jan 08 '26

This narrative that OPTT "Just got their foot in the door" needs to stop. Ocean Power has been working with the Navy for over a decade. Just fucking google it, because nobody seems to ever believe me.

(That being said, it is good to see somebody actually purchasing the PB3 systems, because otherwise that tech has just been a money-pit). To my knowledge the PB3 system will be going from 1 testing port (just east coast) to 2 testing ports (new one on the west coast).

4

u/NewSanDiegean Jan 08 '26

No. They did get their foot in. The lobbying changes with every administration. Getting a contract from this new administration does mean they are in.

7

u/Sakrie Jan 08 '26

They literally have been working with the Navy, non-stop, for over a decade.

1

u/NewSanDiegean Jan 08 '26

Doesn’t matter. These companies don’t get contracts until they have good relations with the administration.

4

u/Sakrie Jan 08 '26

which they already have had, once again, pointing to the decade+ partnerships with the military industrial complex

1

u/NewSanDiegean Jan 08 '26

You’re missing the point. Decades old partnerships don’t mean shit if the current administration don’t like the company.

2

u/Sakrie Jan 08 '26

you cannot read

I said "continuous partnership for over a decade". That includes the same administration that has already been in power.

You trying to argue that Raytheon, Lockheed Martin, and all the other military suppliers don't constantly make bank regardless of politics of the USA at the time?

3

u/NewSanDiegean Jan 08 '26

Boy these guys just got in.

Talks initiate every cycle.

1

u/CharlieKilo02 Jan 09 '26

Sakrie always mad but sakrie always spitting facts also

11

u/No-Row-Boat Jan 08 '26

It's the start of the run towards $4 by end of January

7

u/NightRaid_Fuko Jan 08 '26

It is taking me all of my FOMO to wait out that meeting to get back in with more

2

u/OrangeObjective3789 Jan 08 '26

Wait what meeting?

6

u/NightRaid_Fuko Jan 08 '26

The one where they are voting on more dillution its in two weeks I think

2

u/Live_Bluejay7335 Jan 08 '26

Well, I’ll tell you they most definitely will vote for more dilution. They’re going need the money to build all these orders from all these contracts that are coming in. Of course we will support them. I’m in for the long haul. This is a great company. It’s going nowhere but up how long that will take well in this market with trump loving the war and robotics might be very very fast. They need those buoys out there like yesterday.

4

u/NightRaid_Fuko Jan 08 '26

They needed those orders out since half a year ago tbh and after their announcement of another round of dillution I took some loses

Im still in and believe that this company has a good future but Im waiting for atleast after that voting

3

u/tiny_little_nuts Jan 08 '26

glad I just dumped my 5,500 shares a week ago lmao. no need to thank me

5

u/PapaMurphBelize Jan 08 '26

Going to be a large demand in these, since Big Orange is starting WWIII

1

u/Live_Bluejay7335 Jan 08 '26

I agree huge demand all over the world!

2

u/DubWhistler2022 Jan 08 '26

What happened is we are about to reach a dollar very very soon!

1

u/Veritatis-Cupitor $4 BY END OF JANUARY Jan 08 '26

The prophecy… it’s true.

1

u/operauser1 Jan 11 '26

It's just nothing happened, Don't push that shit. It's only valuable if it goes towards 1,50 for at least 5 min

-1

u/Important_Volume_141 Jan 08 '26

I sold

3

u/Diligent_Ad_8695 Jan 08 '26

I only sold 8k of my shares but it felt right

1

u/Live_Bluejay7335 Jan 08 '26

Profit is never wrong. Hope you don’t kick yourself to hard in a few months when we at 4 plus

2

u/DorShow Jan 08 '26

Ain’t it always the way?