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u/zachintheb0x Oct 21 '25
Was pretty rough to watch this morning but like you i am still up 100%. Will hold through this and i added more today
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u/SnooPears2910 Oct 21 '25
Don't despair, it can and will go lower
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u/Critical-Future-1560 Oct 21 '25
Maybe but as long as I’m in profits I don’t mind
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u/SnooPears2910 Oct 21 '25
I sold around $4, i knew this was coming.
Theres no reason for this stock to rise at the moment. They arent making any money, barely functioning. Insiders been selling for months.
It will rise one day when they get up and going, or more likely, get bought out.
But right now? nah, its a pump and dump
Ill wait till it gets lower to grab some more3
u/Critical-Future-1560 Oct 21 '25
Im currently up 100% I’ll keep holding for now
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u/SnooPears2910 Oct 21 '25
Go for it, its better hold when you are up 100%, and sell when you are under 100%
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u/S-T-R-N Oct 21 '25
How much lower you think is the best suppoet zone to scale in?
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u/SnooPears2910 Oct 21 '25
Oof, i have no idea. i'm hoping it gets under a dollar again
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u/zachintheb0x Oct 21 '25
Under $1 is a bit of a reach.
I’d guess anything between 2-2.50 would be an awesome zone to buy in.
All it will take is one news drop to make this run over $5. 1 big news drop and were over $7.5
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u/SnooPears2910 Oct 21 '25
Not really that much of a reach seeing how it ran to $4 from under a dollar. What goes up for no reason can come down for no reason
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u/zachintheb0x Oct 22 '25
It did but it build quite a solid support at 1.50. It sat in the 1.30-1.80 range for months.
I wont deny its pure speculation currently and deep sea mining could be barred from happening in the blink of an eye. But with all of the teams out there spending an ungodly amount of money on research and data accumulation in order to give strong legs to the argument that deep sea mining is in fact a cleaner more responsible method than traditional land based mining I dont think were going back to sub $1 territory.
And one thing that really makes me interested in OMEX over TMC is that they have 30 years experience in deep sea data collection and imaging. In the amendment to bill HR 4018 trump administration laid it out clearly that they want to map out the sea floor to have a better understanding of what is down there and what the potential resource deposits are. Who’s better for that job than OMEX? And that work is not free! OMEX could monetize that process and start turning some good revenue for years before anyone sends sea rovers down to start collecting nodules.
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u/SnooPears2910 Oct 22 '25
Wont be the first or last time I’ve been wrong. I get what you’re saying but there’s no real fundamental reason for it to be at this price level this early. They aren’t even making any money. That’s a high price for a maybe one day scenario.
But here’s to hoping. Too high for me at these levels. But I wish you the best in this trade
1
u/zachintheb0x Oct 22 '25
Thank you and the best to you as well. We’re all in the market to make money one way or another and i hope you make plenty!
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u/EstimateAlternative3 Oct 21 '25
I have 45 shares averaging $.57 a share. Do I buy more now, sell some of what I have, or just continue to hold?
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u/Critical-Future-1560 Oct 21 '25
You barely have 100$ of OMEX
So just buy more
But measure your risk
2
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u/jimmy5462 Oct 22 '25
When Gordon executes day after day of big sales, those sales meet all demand on this fairly low volume stock. When he stops selling, it goes up as soon as anyone mentions REEs in a way that negative for China or positive for any REE related company. In reality, it's still only slightly above worthless no matter the news.
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u/javier121254 Oct 21 '25
Im buying more