Our OPTT is looking INCREDIBLE! reports Pennystockexchange.net

On August 9th I sent out an alert entitled "Biggest Bargain in Market" about Ocean Power Technologies (OPTT) at $3.02. I said in my alert, "In the short-term, I believe OPTT could at least gain by 75% to $5.29 to reflect the value of its net cash position and order backlog!"  

OPTT has gained the past 5 trading days in a row and closed yesterday at $4.44 up 47% from my alert! In my opinion, OPTT is still extremely undervalued and could see $5.29 soon at the very least.   Check out OPTT's three month chart. It got off to a bit of a false start after my initial announcement. It broke $4 a few times but couldn't close above $4. Then it dipped to a new 52-week low when the rest of the market crashed. OPTT has now closed above $4 for three days in a row and today it closed above its 200 DMA. I believe all of the weak hands are now gone and much stronger hands currently own the stock who recognize just how undervalued OPTT is and how HUGE its upside potential is!

We have not been compensated for OPTT. A firm that is owned by a client of mine who gives investor relations business to me owns 178,000 shares of OPTT and could sell them at any time. This is a conflict of interest. OPTT's share price could decline when this firm decides to sell their OPTT shares