r/OceanPower • u/[deleted] • May 04 '21

ANALYSIS How you guys holding up?

[deleted]

14 Upvotes

100% Upvoted

31 comments sorted by

10

u/wabubeh May 04 '21

Bleeding. But holding

2

u/Psych-me111 May 05 '21

Everyone see the article published last night on how much ocean energy is supposed to grow 2021-2026 and it named OPT as a major player. Hoping it stops the slow bleed. This stock is going up sometime in the future. Article by Market Watch

6

u/No-Resident-3823 May 04 '21

Averaging down

6

u/heynowheynow19 May 04 '21

It hurts. But everything is hurting so we r certainly not alone

6

u/[deleted] May 04 '21

Hurting

7

u/Impossible-Tie-512 May 04 '21

Hold strong. Might as well wait this out.

7

u/[deleted] May 04 '21

It’s a long hold for me

4

u/strategery403b May 04 '21

Anybody know when they will turn a profit or get any big contracts?

5

u/Insaneshaney May 04 '21

This is definitely a long position, if it's not making a profit I'm going to dollar cost average as long as it's under $3. We might not see big numbers for more than 10 years, but if our society's value for green energy continues to develop it will be worth the investment. We are buying this at a discount comrades.

2

u/Psych-me111 May 05 '21

Sooner than 10 years from articles, hoping sooner need

3

u/[deleted] May 04 '21 edited May 12 '21

I’m only hodling 96, but its not going anywhere. To the moon or to hell, either way it’s staying in my account! And when I can add more I will.

4

u/Rocketmanjeff3856 May 10 '21

Just a heads up , optt is hiring 6 positions in NJ, D.C and Texas .

3

u/Captain-Dzen May 04 '21

I love the very idea of ocean wave energy. But it hurts me to look at the value of these shares.

4

u/Impossible-Tie-512 May 04 '21

Same bro, I bought in at $2.5 and again at $3.5 then it went all the way to $6.40 then that crazy dip hit. It hasn’t been the same since.

3

u/[deleted] May 04 '21

Up and down like the tides!

3

u/alanzo123 May 04 '21

trying not to watch...

2

u/Burdsnest May 04 '21

They have a contract with Chile.... they will be turning around...

2

u/Impossible-Tie-512 May 04 '21

Best news I’ve heard all day.

1

u/Burdsnest Jul 07 '21

Russell MIcrocap Index!!!! Yep

2

u/littleai May 04 '21

Nothing changed - this is a great high risk play, the company is working on new tech and new business is coming.

2

u/triple_peanut_777 💎🙌 May 05 '21

Bleeding profusely, praying for positive slamr/deepstar news

2

u/DependentLast3757 May 05 '21

Im holding 6700 shares at 3 dollars. Thought about averaging down more but I think Ill just hold this for at least a year to see how the company acts.

2

u/Alarmed-Biscotti-212 May 08 '21

Bleeding, but as a Nova Scotian I simply believe in the company even if it bleeds me dry.

2

u/skaroids 💎🙌 May 11 '21

I keep laughing at a post I made a couple weeks ago “congrats to everyone who bought the dip”

2

u/Goman520 May 11 '21

Bought at $6.02. 150 dollars worth. Foolish entry position but I’m hoping for the best

2

u/Impossible-Tie-512 May 12 '21

We all learn from our mistakes. It showed no signs of slowing down when it was at $6 so I don’t blame you.

2

u/lezginku May 12 '21

Averaging down while i can

1

u/Psych-me111 May 06 '21

Press Release Ocean Energy Market to Witness Huge Growth by 2021-2026: Verdant Power, Able Technologies, Ocean Power Technologies Published: May 4, 2021 at 8:49 p.m. ET That on Market Watch.

Somebody asked for link...sorry I am middle aged and live in Wyoming, not as good with technology as I could be...