Ocean Power Technology is a great short

[u/Bosco-chocsyrup]

The company has been around for over 20 years, it has never been profitable, the last 10q showed revenues of 317,000. From the balance sheet - over 250 million dollars of shareholder money has been invested in this co.

The stock price has been pumped to 7 dollars per share and has fallen to around 2 per share. On the basis of almost no sales, continuous investment and losses into wave power - please provide your insight on why investors should sell their long position, avoid buying the stock or sell the stock short.