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ORGN- maybe worth a look

Posted on 8/20/21 at 8:51 pm
Posted by GeneralLee
Member since Aug 2004
13311 posts
Posted on 8/20/21 at 8:51 pm
Chart is set up beautifully with a nice double bottom pattern (hopefully! ), it just de-spaced a while ago and got massacred. CEO and other key management just purchased more shares.

I started a position this week at $5.35. Another high risk but potential multibagger play to consider in your very speculative bucket. Article linked below has a decent explanation of the investment thesis.

LINK
Posted by igoringa
South Mississippi
Member since Jun 2007
11883 posts
Posted on 8/20/21 at 9:13 pm to
It is interesting - I day traded it a week or so ago when it was low 5 and the. Sold at 6ish.

I do like the long-term potential …. It is just long-term.

I am Worried that I’m to speculative as a whole which is the only reason I haven’t held it
Posted by GeneralLee
Member since Aug 2004
13311 posts
Posted on 8/23/21 at 9:48 am to
Running pretty nicely this morning…
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 8/24/21 at 1:08 pm to
Jumped in!
Posted by bayoubengals88
LA
Member since Sep 2007
19769 posts
Posted on 9/21/21 at 8:53 pm to
I can't wait to buy 3,000 shares of this one.
We seem to have similar investing philosophies

I don't mind a 3-5 year wait as I accumulate for a 10x or more return.

They've got the product and the deals.
Question is, can they produce enough to keep up with demand?
Posted by GeneralLee
Member since Aug 2004
13311 posts
Posted on 11/10/21 at 11:46 am to
bump on this thread. Earnings call up later this week and expecting offtake agreements to be north of $5B (compared to $3.5B currently). Also would not be surprised to see expedited timelines for construction of Origin 2 and Origin 3 plants.

It's kind of opposite of SLI... price has been dropping long term but plant construction is way ahead of schedule.
This post was edited on 11/10/21 at 11:48 am
Posted by jchamil
Member since Nov 2009
17046 posts
Posted on 11/11/21 at 2:38 pm to
I bought 250 shares Friday, kind of wish I'd put in more
Posted by deltaland
Member since Mar 2011
92712 posts
Posted on 11/15/21 at 1:37 pm to
Wtf is going on with this stock today
Posted by deltaland
Member since Mar 2011
92712 posts
Posted on 12/7/21 at 4:33 pm to
Current price of 6.66
Posted by GeneralLee
Member since Aug 2004
13311 posts
Posted on 3/7/22 at 10:49 am to
Bump. Additional insider buying here recently along with announcement of Geismar, LA as the location for the O2 commercial scale factory.

I think ORGN is a great long-term play for higher oil prices. Chemical companies will be desperate for an alternative to oil that doesn't eat into the human food supply.

My largest spec position at the moment, except for my SpaceX shares.
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