ADMP – Adamis

ADMP – Adamis

ADMP is a stock that you can easily love and hate. Be careful with this one as the share price has fallen and risen dramatically. My advice would be to use Stop Orders, to protect from downside losses. A stop order is a type of sell order (there are market, limit, stop, limit stop) which will place a market order for you once the stock price drops to your predetermined price. For example, I bought this stock most recently at $1.00, it has risen to $1.20 and fluctuated. I put a stop sell order at $1.06, so that I will at least get a 5-6% return. Then if the shares rebound off the $0.80 level, then maybe I repurchase at $0.85. Adamis has three drugs all related to the current pandemic. Tempol a phase 2/3, capsule taken orally for mild Covid. An Epinephrine solution for many of the allergic reactions that are occurring with vaccines and antibody treatments of Covid. Their Epinephrine drug called SYMJPI is currently being sold at Walgreens. They also have a re-submission to the FDA for Zemhi, which is designed to save lives in the event of an opioid overdose.

Adamis receives rejection of submission for Zemhi
Three opportunities with ADMP

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