Odyssey Marine Exploration, Inc. (NASDAQ:OMEX)

CAPS Rating: 2 out of 5

The Company is engaged in the archaeologically sensitive exploration and recovery of deep-water shipwrecks throughout the world.

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Member Avatar SqwiiTrader (39.08) Submitted: 1/23/2014 5:26:30 PM : Outperform Start Price: $2.10 OMEX Score: -0.10

Spec

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Member Avatar rknapton (< 20) Submitted: 8/22/2013 4:48:21 PM : Underperform Start Price: $2.97 OMEX Score: +41.22

Short. Shipwreck exploration. Constant losses. Issuing debt and stock.

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Member Avatar IKHNATON (95.57) Submitted: 5/24/2013 5:17:07 PM : Outperform Start Price: $3.35 OMEX Score: -77.74

If I had one stock that I would buy or keep through the summer this is it. It is all about the next four months. Gold and silver may be down, but probably not a lot lower by the time they bring it back. A lot of news will be coming. The oceans are exploitable now. This is not the moon!

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Member Avatar pigsfeet007 (95.56) Submitted: 5/2/2013 7:54:50 PM : Underperform Start Price: $6.24 OMEX Score: +97.11

This stock was crushed while one of the largest gold bubbles of all-time was inflating. Hmmm, I wonder what happens now.

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Member Avatar nighthawk02 (< 20) Submitted: 4/4/2013 3:38:03 PM : Outperform Start Price: $3.10 OMEX Score: -49.64

several projects that could payoff this year

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Member Avatar Loerke (93.60) Submitted: 7/23/2012 11:31:26 PM : Underperform Start Price: $3.65 OMEX Score: +79.49

I just heard about this company tonight, and I had trouble believing that it was serious. I didn't realize that 16th-century-style capitalism was possible in this day and age. What's next, investing in pirates?

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Member Avatar tymetao (21.55) Submitted: 5/24/2012 5:04:01 PM : Outperform Start Price: $3.20 OMEX Score: -73.97

who doesn't like treasure hunting? will have a real balance sheet soon. don't look for consistency here. some days you're looking for treasure some days you're finding some. also, how many submarine miners do you know? No strikes here./ started at 2.80 /having fun...

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Member Avatar CrimsonViking (< 20) Submitted: 3/26/2012 12:01:48 AM : Outperform Start Price: $3.11 OMEX Score: -63.77

Odyssey Marine Exploration is creating a new industry from scratch. In what they term "commercial archaeology" the company searches for, finds and recovers cargos from historic shipwrecks, selling them at a profit. This summer promises to be a breakthrough year for them, with three major recoveries planned, including the SS Gairsoppa, a British merchant steamer with 200 tons of silver ingots aboard, and the HMS Victory, a British ship-of-the-line sunk in 1744 with all hands and, reportedly, a treasure of Portugese gold. Regardless of whether or not the HMS Victory treasure exists, the archaeological excavation of that wreck site, combined with the Gairsoppa, promises to cement Odyssey's position as the leader in deep ocean salvage and archaeology, truly creating a new industry from scratch. A "rule-breaker" in ever sense of the word, Odyssey has the potential to more than double from today's share price.

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Member Avatar Odyssey2012 (< 20) Submitted: 3/8/2012 4:01:59 PM : Outperform Start Price: $3.09 OMEX Score: -66.58

Shipwreck recoveries this summer and 5 year deep sea mining plans

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Member Avatar mware1671 (< 20) Submitted: 2/2/2012 10:22:06 AM : Outperform Start Price: $3.73 OMEX Score: -83.33

Recent devolopments, findings, tv show deal

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Member Avatar Coralreefer1 (24.01) Submitted: 10/29/2011 2:44:38 PM : Outperform Start Price: $2.92 OMEX Score: -73.40

Manifests associated with these merchant ships sank by German Torpedoes during WWII supposedly contain a substantial surplus of silver. Recovery of the two ships is to begin in the spring of 2012!

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Member Avatar dake105 (< 20) Submitted: 10/11/2011 2:04:49 PM : Underperform Start Price: $2.68 OMEX Score: +76.25

Nope!

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Member Avatar Lcrazylegs84 (20.10) Submitted: 9/26/2011 4:46:46 PM : Outperform Start Price: $3.05 OMEX Score: -87.32

Get ready for the raise

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Member Avatar GussieLeo (< 20) Submitted: 7/31/2011 9:18:06 PM : Outperform Start Price: $3.00 OMEX Score: -71.22

A lot of irons in the fire, and if they win the lawsuit against Spain, the stock will pop again.

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Member Avatar secretbonus (< 20) Submitted: 6/21/2011 10:04:33 PM : Underperform Start Price: $3.23 OMEX Score: +78.37

negative EPS, and an insolvent balance sheet (negative book value, as well as more current liabilities than current assets)

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Member Avatar hcve (< 20) Submitted: 1/10/2011 7:45:24 AM : Outperform Start Price: $3.27 OMEX Score: -82.03

single digit treasure hunter gamble

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Member Avatar zzblahblah (< 20) Submitted: 12/23/2010 9:41:48 PM : Outperform Start Price: $2.41 OMEX Score: -59.46

Investors reintroduced to old spanish treasure.

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Member Avatar StonedToTheBone (< 20) Submitted: 10/8/2010 4:17:05 PM : Outperform Start Price: $1.32 OMEX Score: -4.03

could be a big-bagger if omex wins the treasure appeal

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Member Avatar bethanye (45.46) Submitted: 8/27/2010 7:13:11 PM : Outperform Start Price: $1.49 OMEX Score: -30.60

Who doesn't want the treasure seekers to suceed!

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Member Avatar MulletFool (< 20) Submitted: 6/15/2010 9:59:43 AM : Outperform Start Price: $1.17 OMEX Score: +15.40

I have been following (and buying) OMEX for many years. Trading around a buck a share, it's like buying a lottery ticket and in many ways, it's a similar gamble. From an investor perspective, it is very risky and fundamentally, not an attractive stock. However, it remains one of my favorite companies to talk about and offers "speculative investors" an opportuntity to invest in hidden treasure - literally. For you Fools that like a good story, read on.
I believe that in time, the "Black Swan" (Nuestra Senora de las Mercedes) case will settle and Odyssey will most likely receive fair compensation for "salvage and recovery services". For those of you new to the topic, the Mercedes was a Spanish frigate sunk by British warships on October 5, 1804 off the coast of Portugal. Odyssey found her in 2007 and recovered approximately 500,000 gold and silver coins (over 17 tons of treasure). Odyssey chartered a jumbo jet and flew the treasure to an undisclosed location in the US under the dark of night. Spain is trying to claim the treasure under sovereign immunity and Odyssey argues that immunity does not apply when a sovereign vessel is being used for commercial transport. Other parties have stepped in and made claim to the treasure as well and the legal fight continues. Odyssey STILL maintains physical possession of the booty and this is far from over.
But Black Swan is only one of many reasons I like Odyssey. I am curious to see what opportunties may come from an announcement last year that they are moving into exploration and monetization of gold, copper and silver--rich Seafloor Massive Sulfide (SMS) deposits through a new partnership that owns mineral exploration rights on approximately 150,000 square kilometers of ocean floor in the South Pacific.
Some more recent finds, salvage contracts, cooperative governments (really!) and more make this one to keep your eyes on.
One final note, Odyssey is a recognized expert at precision deep sea operations. BP should call Odyssey to assist with the disatrous leaking oil well in the gulf. My thoughts go out to all of you that have been or will be affected.
--- MulletFool

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