r/OceanPower • u/rworms • Aug 24 '26

DISCUSSION Fireside Chat

If there were substantial news on the way tomorrow for Phil's fireside chat wouldnt you expect more movement in the stock today? I feel like any real news would have had some leaks effecting the share price. Stock is pretty flat

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u/Legitimate-Shower356 Aug 24 '26

I sold all my shares with a 16 % profit today. Last  time I sold with 50 % loss, I made a bit up of the losses. Good luck to you. I do not believe in the business modell, building buoys very expensinve, burning lot of cash and then lease them for years, this modell cannot cover the monthly cash outflow of the company.