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Save your seatOMEX ran from roughly $0.90 to about $2.30 on April 8, 2026 off the American Ocean Minerals merger headline, then faded back to $1.12 as traders waited on deal follow-through.
The stock has the potential to go down if it loses $1.00 and cannot reclaim it fast. That could open a retrace toward $0.85 to $0.90, and any delay in the merger, Nasdaq compliance pressure, or more funding overhang would accelerate the downside.
If OMEX holds the $1.00 to $1.05 area and volume comes back in, a push toward $1.40 and then $1.75 is on the table. Resistance at $1.25 is the first hurdle, and fresh merger updates could keep the critical-minerals story alive.
We don't currently have information about Odyssey Marine Exploration Inc.'s earnings.