r/OceanPower

So let me get this straight. Stock is UNDER .30 and people don’t buy. Now after RS it is 1.04 and people are BUYING today.

What is the actual point?

i think they announce bankruptcy by EOM>

Now one serious question. What was even the point they did a reverse split? That was so pointless. It would’ve made sense if they had a buyer/investors willing to pay for the higher price but they got nothing out of it. It only made the stock price even worse! Glad I sold a few days ago but still regret that I should’ve sold when it was still trading at 0.3. Anyone jumping back in if this goes back to 0.2 and hope it goes up after that due to lower float?

Is todays SEC filing (form 4) a stock purchase or stock based compensation? https://investors.oceanpowertechnologies.com/node/17481/html