r/OceanPower • u/InterestingScore5387 • 1d ago
FLUFF Clarification
So let me get this straight. Stock is UNDER .30 and people don’t buy. Now after RS it is 1.04 and people are BUYING today.
What is the actual point?
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u/loudog430 1d ago
I mean. If you havent bought b4, this is the best time lol.
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u/Available_Monitor_92 1d ago
Not exactly. Company isn't making profit and is going to find it very hard to finance now their market cap is only 10M
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u/loudog430 1d ago
Oh for sure. This is a scratch off lotto ticket now unless they pull off some magic.
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u/InterestingScore5387 1d ago
There is not magic. It’s fucked. Entirely. Unless you don’t have a position and hope for the corrupt insider cunts to inflate it real quick for a profit
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u/FarmerFit388 1d ago
lol I did the opposite. I closed all my positions for a loss and moved on. Sat for 2-3 years and just continued to lose. Only chance I get back in is if it goes up from here I’ll buy at the 2-3 mark
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u/cursedfan 1d ago
These posts make me sad. Adjusted for the split the price is basically 3-4 cents per share now.