Odyssey Marine Exploration Inc. (OMEX)
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- General Discussion on OMEX
- August is the Time to Buy Odyssey Marine Exploration [view article]
- The Best and Worst Performing Stocks, YTD [view article]
- Odyssey Marine Strikes Major Deal with Discovery Communications [view article]
- Treasure Hunter Odyssey Marine Jumps on Gold Ship Recovery Agreement [view article]
- Odyssey Marine Exploration: Digging for Gold - And Finding It [view article]
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- August is the Time to Buy Odyssey Marine Exploration
- Odyssey Marine Strikes Major Deal with Discovery Communications
- The Best and Worst Performing Stocks, YTD
- Odyssey Marine Exploration: Digging for Gold - And Finding It
- Treasure Hunter Odyssey Marine Jumps on Gold Ship Recovery Agreement
- Gold, Silver and Palladium Stocks and ETFs Covered by The Gold Stock Blog
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General Discussion on OMEX
Interesting Bloomberg article on gold coins here:www.bloomberg.com/apps...
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August is the Time to Buy Odyssey Marine Exploration [view article]
Sorry leadpimp I have to disagree. I have been holding OMEX since inception and have yet to see any cash. However I can only see upside. First the price was so low that if I lost everything it would not be the end of the world.But secondly even if they drive down the value of coins and even, though, inconceivably gold the finds are of sufficient magnitude to make for significant profits. Even the total loss of "Black Swan" would not bring the company too far down. Of course the total loss is not realistic. And after all the current treasure is already on US soil. You are welcome to your view and of course welcome not to buy. Now, where is that buy button.?..... ReplyAugust is the Time to Buy Odyssey Marine Exploration [view article]
Insiders own 6.51% and Institutions own 41.9%. The short interest is down in the past month. Numismatic values are absurdly inflated. When you dump thousands of "rare" coins on the market their value plummets. With a market cap of 238 million OMEX is a joke, all of the coin sales will be sucked up in legal costs. Classic PUMP and DUMP! Hedgie looking for suckers to salvage a perilous position. ReplyThe Best and Worst Performing Stocks, YTD [view article]
Report as of July 7, 2007? What are you doing? ReplyOdyssey Marine Strikes Major Deal with Discovery Communications [view article]
See the Juno and Galga case: www.nps.gov/archeology...the treasure is for Spain No matter the service of the ship, was a ship fleted by the goverment.
And more: according to the UNESCO, any shipwreck with more that 100 years is considered archaeological remains, so really, don't exist salvage for goverment ships sunk time ago, only despoliation, and this, is a criminal act in all countries. Reply
Devereaux
Odyssey Marine Strikes Major Deal with Discovery Communications [view article]
You don't need to have a good case in these matters, to tie things up legally for years. All you need are deep pockets and persistence. They may settle out of court, at some point, but OMEX will get a pittance, if they're lucky, or still in business. ReplyOdyssey Marine Strikes Major Deal with Discovery Communications [view article]
Michael... Your article covered everything, but there is one correction that I would like to make. It has not been shown that the Mercedes was a warship. In fact, Odyssey has said in their court case that she was registered as a mail ship at the time of loss. I'm sure once it's proven the Mercedes was on a commercial voyage, the court case will conclude in short time making Lonnie's statement moot. ReplyDevereaux
Odyssey Marine Strikes Major Deal with Discovery Communications [view article]
One more little thing. This company lost $23 million last year, so what's $2 million from Discovery worth. This company will have to issue more stock to cover it's losses and to keep paying its lawyers. Buying this stock is not a call option on anything. Don't delude yourself. ReplyDevereaux
Odyssey Marine Strikes Major Deal with Discovery Communications [view article]
The legal battle could drag on for decades. Try reading Ship of Gold, to gain some perspective on the legal hurdles that must be overcome; they're daunting. ReplyGeneral Discussion on OMEX
There's a full article in the New Yorker about OMEX. Abstract here:www.newyorker.com/repo... Reply
General Discussion on OMEX
Bloomberg article:www.bloomberg.com/apps... Reply
Editors
General Discussion on OMEX
Is this a buy or a sell? ReplyTreasure Hunter Odyssey Marine Jumps on Gold Ship Recovery Agreement [view article]
It is common for companies to jump on the "Look at me - I am here too" bandwagon and sneak as much limelite as they can from the fortune of others (OMR) so do not be too disappointed in DBM for doing so. A number of small cap corporations involved in similar fields routinely make such congratulatory comments in the hope they too will be noticed. Some even go so far as to slam their competitors (Ford & GMC for example). As far as DBM waving their flag - it is a common thing to see although it may be regarded as a cheap way of getting some advertising, it is not necessarily as effective as one may think most of the time. The main story usually takes most of the limelite. ReplyGuy
Odyssey Marine Exploration: Digging for Gold - And Finding It [view article]
News:<blockquote>
July 17, 2007 09:38 AM
Odyssey Marine Exploration, Inc.’s (NASDAQ:OMEX) survey vessel, the Ocean Alert, was cleared for departure by the Spanish Guardia Civil on Saturday, July 14; however, because of a need to replace required paperwork that was removed from the ship’s bridge during the inspection and a holiday that found authorities unavailable to provide documentation required for departure, the ship has not yet departed. The ship had been detained in the Spanish port of Algeciras since Thursday, July 12, 2007, undergoing a thorough inspection by the Guardia Civil.
“We were confident that an inspection by the Guardia Civil would not reveal any evidence of alleged activities in the area as we have always acted legally and have consistently communicated our movements in the area to the Guardia Civil and marine traffic authorities,” said Greg Stemm, Co-founder of Odyssey Marine Exploration. “We are pleased to have the ship released so we can put it back to work on other shipwreck projects.”...
</blockquote>
Source:
Odyssey Survey Vessel Completes Inspection and is Cleared to Depart Spanish Port (Press Release) Reply
Odyssey Marine Exploration: Digging for Gold - And Finding It [view article]
Any thoughts on this?Spain may send navy to search U.S. treasure boats
www.reuters.com/articl... Reply