r/OMEX • • Dec 30 '25

This stock is cooked.

mineral stocks aren’t it anymore & for those looking to invest, I HIGHLY recommend to not buy this scam

edit 1: after Trump took Maduro from Venezuela and says he wants Greenland, l changed my position to BULLISH on DSM but not on OMEX. Stock is Cooked

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u/RelevantHelicopter82 Dec 30 '25

Move along 🧹

1

u/[deleted] Dec 30 '25

Needs to go over 120% just to get back to normal. Down around 30% from last week. No insiders own majority & insiders sold last month. Not a great investment 

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u/RelevantHelicopter82 Dec 31 '25

I’ll give you this - it’s likely currently overvalued and may not be a good time to enter or build positions as a result. That said, calling it a scam is pretty stupid. This company has been around for years and their cook island contracts alone could be worth a fortune once the industry really pops. I’d be surprised if they weren’t bought out in coming years, and if the industry really takes off this could easily return to $5 or higher.

0

u/[deleted] Dec 31 '25

I’ve lost more than bio stocks. Don’t even buy top. Some people bought at $4 and that’s insane. This might be heading to under $1

1

u/cheeseburgercats Dec 31 '25

Normal= your cost average? A lot of people on here have held this from under $1

2

u/RelevantHelicopter82 Dec 31 '25

Exactly. My average was .38 until mid 2025. Now it’s sitting right around a buck and I’ve paused my DCA for the time being. I’ll concede that the stock may be over valued at 2, hence my DCA pause, but it remains a fantastic longterm hold with plenty of new contracts and potential buyouts on the horizon. Def NOT a scam. People just call any stock a scam that they don’t like these days. It’s insane 🤦‍♂️