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Speculation Station: Speculative Stock That Could Pay Off Big

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November 17, 2010 – Comments (2) | RELATED TICKERS: PRXI

I have been quite negative lately, so just to prove I am not a permabear, here is a stock pick that defines the word “speculative.” This pick is not for the faint of heart, but with those looking for some risk in your portfolio, this could be for you. Swinging for the fences like this is sexy and can carry huge risks as well as huge rewards, so obviously be cautious and only allocate risk capital to it if you want to buy it. Ok, enough with the disclaimer, let’s talk about Premier Exhibitions (PRXI).

Titanic Potential

According to Yahoo! Finance, the company develops and tours museum quality exhibitions worldwide. PRXI creates, designs, markets, and presents educational and entertaining exhibitions; sells apparel, posters, and Titanic-related jewelry; publishes exhibition catalogs; and provides ancillary services, such as audio tours and photographs.

Continue reading: http://topequitynews.com/speculation-station-speculative-stock-that-could-pay-off-big/

2 Comments – Post Your Own

#1) On November 17, 2010 at 1:55 PM, walt373 (99.85) wrote:

I don't think this stock is that speculative because of the big margin of safety from low market price compared to its assets. The business itself is not doing great but its not burning cash like crazy or anything. A possible turnaround is not priced in at all. The balance sheet is fine. And its got new shareholder-friendly management in place. I think any risks would be longer-term. I am long this stock btw.

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#2) On December 30, 2011 at 11:19 AM, griderX (98.17) wrote:

Looks like you are both correct...auction could fetch somewhere around $200 Million nearly double it's current market cap ;)

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