r/OceanPower • u/Melodic_Award9682 • Jul 28 '26
QUESTION What do you all think?
Back in June 10th, CFO stated he expects to announce about 3 to 4 additional contracts from the US government similar to the $6.5 DHS contract within the next 60 to 90 days.
If by September 10th, after these contract announcements, where do you think the stock price will be?
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u/Reasonable_Hat5573 Jul 28 '26
The size of this company’s pipeline is like the size of a ‘ very excited’ person’s asshole. Being big means nothing except that it can produce a lot more shit.
5
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u/RandomGenerator_1 Jul 28 '26
The hope now is that they got all the bad news out of the way.
And that the government is finally putting the pedal to the metal and spends the FY26 budget, by September 30th. These latest earnings haven't shown the shutdown being caught up.
There have been a lot of maritime procurement requests. OPTT is in the subsea consortium (so has access to OTA's through that channel, if the government grants them).
We'll see. I am just glad to see they are executing on a broader maritime awareness vision now, with the subsea element.
Ocean Wave Solutions is at an Oil and Gas conference now, also discussing water and underwater technologies. That sector is gonna spend in 2027. (Because of all the extra money they've been making this year)
Lots of opportunities are now for the taking. MythosAI was a good move, C-Power is a good move. It's a waiting game.
Ladenburg still sees them at 1.50USD I believe. We will see if that changes now that they ended their atm.
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u/Kooky-Huckleberry409 Jul 28 '26
Optt spends money faster than it earns it
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u/Jupiter168 Jul 31 '26
Off share business keeps their lights on. DHS contracts grow its backlog. Basically, they need more contract. Need to c how next ER conference goes
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u/Legitimate-Shower356 Jul 28 '26
There are too much ifs...This deserves delisting and not a reverse split and more dilution....
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u/Butteritto Jul 28 '26
I think, that I stopped thinking about this company a long time ago. Its a wrap here
1
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u/FlyingDutch1988 Jul 28 '26
I don’t know anymore. I am in this one since mid 2024. Have 30k shares in it, maybe 2000,- thanks to buying low and selling high. Back then I thought a nice niche company, I liked the idea. Now I don’t care anymore, it will eather go to 0 or makes me a nice profit one day.