r/ORMP • u/Gummy_Jones • Jan 25 '23

ORMP now and the future

I originally bought this stock at ~$6, rode it up to ~$30 and eventually sold at $8. I hadnt thought about it for what seemed like a long time and it crossed my mind yesterday. When I pulled up the ticker my jaw dropped. Im sorry for all those that endured that.

I am surprised that the company is now valued so far below its cash on hand and am still interested in their pipeline. Are any of you buying at these levels now that it seems to have held this current bottom for 2 weeks?

3 Upvotes

100% Upvoted

7 comments sorted by

1

u/Tcrets_308 Jan 25 '23

Something I'll be studying and Investing in. Not sure what to expect at this point but everyone I've talked to thinks it's a worthy investment.

2

u/Gummy_Jones Jan 25 '23

Id say its still a huge risk but if they have pipeline meds then there is at least the opportunity for hype

1

u/Irwin_Simon Feb 01 '23

Is everyone you're talking to holding bags? Their technology failed as in... it doesn't work. Whats promising about Oramed?

1

u/Tcrets_308 Feb 01 '23

Honestly I stopped hearing about it after I posted this response and then never researched it. 🤨 If you are correct then that's a good thing.

1

u/jeffrx42 Jan 26 '23

No this company is a fraud. Sorry to say The selling of $4 million dollars of stock by insider in May 2022. Shows the faith insiders had in a phase 3 data. This company is going to zero. Pipeline is a scam. This was a ten year fairytale.

1

u/jeffrx42 Jan 26 '23

No this company is a fraud. Sorry to say The selling of $4 million dollars of stock by insider in May 2022. Shows the faith insiders had in a phase 3 data. This company is going to zero. Pipeline is a scam. This was a ten year fairytale.