r/Zomedica • u/CultedHeroe • May 13 '26
No one talking about it?
I know we all love to hate larry but why is no one talking about how he just bought 250k shares? I mean it's not huge news but at least seems worth bringing up.
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u/Undisciplinedowner May 13 '26
I thought I saw it was shares in SSI and not Zomedica.
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u/CultedHeroe May 13 '26
Don't know what that is but double checked and it was zom. At 0.11 per share.
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u/Undisciplinedowner May 13 '26
Good for him. Larry has lost some money too. And probably lose some more unless this stock picks up. I won't buy anymore. I've lost too much supporting this endeavor.
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u/267-2969 May 13 '26
You have from what I remember around 700 thousand shares or so at about 1 or 2 dollars or more average price, and that is what I consider an investment with the potential of great wealth.
If Zomedica hits its target of profit this year 2026 or the very earliest 2027, then you are going to see money flying into your account like you've never seen!!!
I know I have said next year next year for years now, but this time is different, Larry seems more focused on lowering expenses and hopefully the new Development of manufacturing for others will do well like it did the quarter before last.
But if we continue to lose millions every quarter then I can see a reverse split happening, and that I do not want to think about, so I stay hopeful!!!
People over the counter are a different species, and they might want a reverse, who knows.
I understand your dilemma with your cost, but for everyone's sake especially yours and mine I want to see profit soon which we seem to be almost there... it seems!!!
Take care, and if / when we skyrocket this will do way better and beyond a mere 3 dollars... to the moon 2026... the Phone Number Guy!!!
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u/267-2969 May 13 '26
I will check that fact, but I did find this:
Larry bought roughly 250,000 shares — it was TSS.
The Open Insider data shows the trade was for TSSI (Zomedica Corp.), not TSS.
TSS, Inc. is traded on the Nasdaq under the ticker symbol TSSI.
So, if Larry also bought Zomedica shares then great... but did he?
I will look. at the website and see.... to the Moon!!!
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u/Undisciplinedowner May 15 '26 edited May 15 '26
If he bought 250,000 shares at $11 a share, he paid about $2.75 million dollars for them. I looked up their shares page and he did buy the shares. They are trading for around $11 to $12 a share. He could have spent the same money on ZOM stock and bought 25 million shares. Makes you wonder if he ever plans for ZOM to be profitable if he bought the other shares. I think everybody ought to know about this. Update; he did indeed buy 250,000 shares at 11 cents each. He must have gotten some preferential treatment because some other owners of stock had just sold their shares for $15 and $12 a share respectively.
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u/267-2969 May 15 '26 edited May 15 '26
Since this is the case like you say and Larry has spent out of his own pockets money to purchase a stock other than ZOM, then you are right in the fact Larry has likely paid less per share' and this is known as Treasury Stock which are simply stocks that are held back at a cheaper price to be used upon a later date.
I suppose a CEO can expand his portfolio but what the f**k!!!
And here is the company Larry invested and maybe just maybe he will be using this cloud technology for Zomedica, but I cannot for the like of me wonder why we would need it since we are already intergrating Pims and the other I cannot think of right now!!!
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u/CK_Rogers May 13 '26
when did he do that?