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Oramed Pharmaceuticals Inc. Message Board

  • felizhora99 felizhora99 Dec 31, 2013 10:42 AM Flag

    This just little tree shaking trying to get shares would not be surprised to see new high today.

    Market maker trying to find shares on shortened trading day. Every time he gets a few they get gobbled up.This should already have a $500+ml market cap.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • dude-market makers already have 1.5 million shares at 10 bucks a share- they are just jcking it up to sell at highest price possible-shouldnt this retrace to 11 at least?NO POsition-

      • 1 Reply to wavesearcher99
      • It's not the market makers that have 1.5 @ 10. It's the investors with the sweetheart deal that has the shares. I'm not sure but I believe they would have a 30 day waiting period (not confirmed) before they can sell.
        Even then, avg volume recently spiked to only 200k. They wouldn't be able to dump that many shares even if they wanted too.
        .
        But why would they?

        I believe there will be HUGE developments in 2014. I don't think it's blind optimism either. With multiple drugs in the pipeline, potential FDA approval and/or potential takeover by big Pharma, I like my chances.

        GLTA in 2014!!!
        Happy New Year!!!

        Sentiment: Hold

 
ORMP
12.17-0.37(-2.95%)Apr 17 4:00 PMEDT

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