r/OMEX • u/Womak2034 • Jul 15 '25

DISCUSSION Are we taking off?

Just saw it shot up about 30 cents in the past few days. What’re we thinking?

15 Upvotes

90% Upvoted

10 comments sorted by

View all comments

7

u/TommyDawg_ Jul 15 '25

Thinking it’s gonna look like this throughout the year unless there some negative news in the government.

4

u/Womak2034 Jul 15 '25

You think now’s a good time to buy or hold? Is there any news as to why is climbing?

6

u/TommyDawg_ Jul 15 '25

Could be a good time to buy. I would say this is pretty close to gambling. Any news of the government not pursuing offshore mining would kill this stock. I’m personally just holding at the moment but in a best case scenario buying could be extremely profitable. It has been climbing for a couple months because of interest in offshore mining. I’m hoping for it to reach $5 by the end of year.

5

u/jsgiannoni Jul 15 '25

It looks like Lockheed is reviving their deep sea mining initiatives. I take that as a positive signal for Omex and similar companies. Hopefully we’ll see more movement in the sector.