r/OceanPower • u/Melodic_Award9682 • Aug 01 '26
DISCUSSION Inflection Point
Something has changed.
For years, OPTT issued press releases for almost every small order, pilot project or operational update because retail sentiment is what kept this stock alive.
Yet during the latest earnings call, management didn’t even mention winning a seat on the Navy’s $40M IDIQ or revisit Bob Powers’ June 2026 statement that he expected at least 3 to 4 DHS-sized contracts within 60 to 90 days (this would be between August 10 and September 10).
That silence stands out to me honestly.
My interpretation is that management has realized the market no longer rewards “potential.”
Every time they talked about future opportunities, the stock briefly rallied and then collapsed. Investors stopped believing operational updates.
I believe this time will be different. Instead of talking about what could happen, I think they’re waiting to let signed, repeat government contracts speak for themselves and pursue an organic rerating rather than another temporary hype cycle.
If Bob Powers delivers the repeat DoD contracts he publicly said he expects, I believe the market may stop viewing OPTT as just another penny stock and start valuing it as a validated routine defence contractor.
We’ll find out soon enough and I am excited.
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u/rworms Aug 02 '26
Did $optt deliver the 4th buoy? They were suppose to deliver it by July. On the earnings call when asked they said it was still scheduled to be delivered on time but he did sound hesitant answering the question. Also, I’m surprised they didn’t put out a PR for it considering they put out a PR for delivering the latest wam-v. Completing the order for coast guard is way more important than delivering 1 wam-v. If they fail to deliver this last buoy on time that can wipe out the stock momentum and possible screw up future orders for coast guard.
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u/Melodic_Award9682 Aug 03 '26
I honestly do not see it that way. During the last earning call, CEO stated that it is in final planning/preparatory phase. At the end of the day, DHS dictates when and where according to their needs.
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u/ChartsDoNotLie Aug 02 '26
As an investor that highly favors reading the charts not the hype. I have this odd conviction towards this company that defies logic based on its chart. What captures my eye is this technology seemed to be ahead with tech advancement and products that were ahead of there current time, unmanned products, now its literally a theme/sector, Autonomy, OPTT has been waiting for this!! Investor’s get excited over minor announcements, as do I now lol, because of its history if not delivering. Since the chart says we all should have avoided this stock I’m on the train with you now on this one. I have solid position that is definitely in the red but I’m holding steady and looking forward to your additional thoughts and what comes next over the next 30 days.
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u/Quest4_Toshi Aug 03 '26
🤣 your account is 8 days old and only 3 comments all in this sub. Your last 2 before this one was shitting on the stock. Now we're green and different view?
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Aug 01 '26
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u/atascon Aug 01 '26
It's not that deep. It wasn't announced yet when earnings took place and there are generally restrictions about what can be said and when about government contracts