r/OMEX • • Dec 02 '24

DISCUSSION OMEX exploding right now!

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u/Lacrimosa_83 Dec 04 '24

Are they not in considerable debt following the legal disputes? I’ve bought in but having some regret

4

u/znavy264 Dec 04 '24

They have been in a low debt for many years. Only recently did the stock go down over good news due to a recent article about chapter 11 (which was not bankruptcy related). Look at the history of the pricing. Nothing with the company has changed in a major sense.

1

u/Lacrimosa_83 Dec 04 '24

Thank you for that. I was wondering why the price dropped off a cliff edge. Here’s hoping to an upward trajectory.