Over the years I’ve been racking and stacking my position.
Where will she go next.
Shoot the moon, but not the stars.
dbnpWhy OTEC Stock Spike?
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High Spy
- Savior (mortal ministry)
- Posts: 945
- Joined: Thu Mar 24, 2022 12:26 pm
- Location: Up in the sky, HI 🌺
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Why OTEC Stock Spike?
Over the years I’ve been racking and stacking my position.
Where will she go next.
Shoot the moon, but not the stars.
dbnp-
Res Ipsa
- God
- Posts: 10636
- Joined: Mon Oct 26, 2020 6:44 pm
- Location: Playing Rabbits
Re: Why OTEC Stock Spike?
A company with a total of $36,000 in assets, over $32,000,000 in liabilities, 0 revenues, and numerous loans and notes in default? What's not to love?
I'd guess pump and dump.
I'd guess pump and dump.
he/him
we all just have to live through it,
holding each other’s hands.
— Alison Luterman
we all just have to live through it,
holding each other’s hands.
— Alison Luterman
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Binger
- God
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- Location: That's the difference. I actually have a Blue Heeler
Re: Why OTEC Stock Spike?
Penny stocks were a huge beneficiary of the change from fractions to decimals at the US exchanges.
The SPACs used for these reverse IPOs are hilarious. The people that go along with it, even more hilarious.
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Gadianton
- God
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- Location: Elsewhere
Re: Why OTEC Stock Spike?
It somehow has something to do with Prince David, since this is that Carter administration energy thing, right?
Social distancing has likely already begun to flatten the curve...Continue to research good antivirals and vaccine candidates. Make everyone wear masks. -- J.D. Vance
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canpakes
- God
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- Joined: Wed Oct 28, 2020 1:25 am
Re: Why OTEC Stock Spike?
Still more hilarious - or disastrous - might be confusing one person’s abbreviation of a company name for a different company’s ticker symbol.
High Spy’s abbreviation ‘OTEC’ is Ocean Thermal Energy Corp, with the ticker CPWR.
However, the ticker ‘OTEC’ is the SPAC ‘OceanTech Acquisitions I Corp’.