Premier Exhibitions' (OTC:PRXI) board authorizes a stock repurchase plan of up to 1.5M shares...

Premier Exhibitions' (OTC:PRXI) board authorizes a stock repurchase plan of up to 1.5M shares (about 3% of the float). "Today's announcement is indicative of the improvement in our financial condition and our positive outlook for the future," says Chairman Mark Sellers. Premier has tumbled badly of late over questions about whether the sale of its Titanic artifacts will ever go through. Remain patient, say the bulls, who also remind of now-viable operations separate from the Titanic.