Adamis Pharmaceuticals Corp (ADMP)

[BigT82]

I’m in the same boat. $1.03 basis, on a big chunk of cheddar. Got a partial fill at $.90 on the late afternoon dip. Put that order in earlier in the day just in case and happened to get some. Will scoop the rest tomorrow in the $.80s while the squeeze the juice out of the calls expiring this Friday.

Speaking of… I also have a big chunk of the Dec $2s as a leverage play and to help when I trim some common to scoop our other favorite play. Not sure if you’re an options guy or not but I like having them for insurance, should, for example, this stock run hard and I trim at $5 only to see it run to $10. Options keep my % ownership should I choose to exercise, or just sell off the profits. Oh, and those profits will be much higher percentage gains than I’ll get on the common.

Anyway, I like the play here for ZIMHI and Tempol both.

Market has been tough on many small caps of late, lazy summer days in the Hamptons…

Tic toc…