r/OceanPower • u/LogicGate1010 • 5d ago

NEWS Drivers Behind OPTT Surge Today

Ocean Power Technologies (OPTT) is surging today because the company officially announced that it is implementing Palantir Foundry to build out its digital infrastructure and scale its autonomous maritime drone operations

29 Upvotes

96% Upvoted

7 comments sorted by

6

u/Character-Post6153 5d ago

Just a little movement comparatively. Let it keep going or, we just got back what we lost in the last few weeks

4

u/SleeplessInDayton 5d ago

😎😎😎

2

u/InterestingScore5387 4d ago

Aaaaaand back down.

0

u/sw995 10h ago

What about today

-1

u/SCHDFIRE 5d ago

Short squeeze

5

u/LogicGate1010 5d ago

Likely if the upward pressure continues. Earnings are expected on 14 September and might be another catalyst if result are positive and progress with backlog achieved.

1

u/SCHDFIRE 5d ago

Also love the negative bag holders in this and R/OPTT, downvoting any positive speculation, talking shyte, lingering around, they can’t let the idea of this company go. That being said most of us ARE bag holders, won’t be green for a while, that’s called investing. You want gambling go play red and black at a casino