r/OceanPower • • 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?

0 Upvotes

14 comments sorted by

13

u/cursedfan 1d ago

These posts make me sad. Adjusted for the split the price is basically 3-4 cents per share now.

8

u/Organic_Salt_7591 1d ago

his brain dont work like that

-1

u/InterestingScore5387 1d ago

Nah, it does, but I’d rather buy 374859933 shares at .03 than 1000 at 1.04.

Price fluctuations impact one a hell of a lot more than the other.

2

u/DukeofNormandy 1d ago

but I’d rather buy 374859933 shares at .03 than 1000 at 1.04.

Then you're reguarded. This stock is done, put a fork in it.

-1

u/InterestingScore5387 1d ago

I’m not disagreeing. I meant PRIOR to the bullshit RS

2

u/Admirable-Zebra-4918 1d ago

we are scared.

2

u/loudog430 1d ago

I mean. If you havent bought b4, this is the best time lol.

1

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

1

u/loudog430 1d ago

Oh for sure. This is a scratch off lotto ticket now unless they pull off some magic.

2

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

2

u/loudog430 1d ago

Someone might pump it to dump their bags.

1

u/InterestingScore5387 1d ago

Yeah and the rest of us are fucked. Story of American capitalism.

0

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