Considering insulin is made from genetically-engineered microbes in large stainless steel fermentation batches. The ratio of cost of producing the insulin versus all the other costs (selling, packaging, distribution, etc etc.) is small even for doubling or tripling volumetric production.and that 8mg is closer to 235 IU, can you tell us what is the cost to produce 8mg of insulin?
Companies like Regis(sp?) are the largest holders of ORMP. They bought in higher than the current value and are negative short term with their large investment.
They have alternatives to generate income on their investment like writing options on their holdings. The May-$10 call options have to be protected from being in the money. Half have already been traded.
After 12:00 noon tomorrow those options will expire and the volume or large block trades will die down until news of Sunday's presentation comes out and ORMP will trade more thinly like the micro/nano cap that it is. IMO
options stop trading 12:00noon EST Friday. Sunday CEO speaks at conference in Israel. I think more room to run on Monday.
From where are you getting your data?
Either your number or Yahoo Finance is off by 100%
Institutional Holders: 2.9%
Shares Outstanding: 13,250,000.
Please I don't understand your numbers if you say TIS=29 182 057 and Institutional Ownership 01.39%
I think there is suspect data somewhere?
over 2/3 of million shares of $call options open interest to be protected before expiration. expect a lot of cat & mouse until expiration to protect those sold calls.this weekend.
Strange that noody has linked to this article positively or negatively over the past few days.