Hey, I'm no psychologist, but it seems to me EVERYbody loves a treasure hunt. Personally, I get a thrill when I find a quarter in the supermarket parking lot. I can't imagine the excitement of finding a treasure chest full of 300-year-old gold bullion and silver coins. But guess what? I've found a way to do this from my easy chair.
For a bit over $400, plus commission, you can buy 100 shares of Odyssey Marine Exploration (OMEX), then sit back and watch your company search for gold every Thursday night on the Discovery Channel. "Treasure Quest" is the name of the show, and believe me, gang, these guys are onto something. Two weeks ago on the show, they discovered a 300-year-old English warship, the HMS Victory, which records show was carrying 4 tons of gold coins.
Last year, they unloaded 500,000 gold and silver coins from another ship right in front of the TV cameras. And OMEX has already found another huge gold cash on the HMS Sussex, but Spanish gunboats so far won't let them pick it up. Four years ago, they found another shipwreck off the Carolinas, and those coins are still for sale.
The stock is volatile. The only time to sell is when they've reported another treasure and the ducks are quacking (stock prices being bid up on heavy volume), and you might have to sit with it for a while. But we think one of these Thursday nights, the flash of gold will show, and those ducks will start.
And even if they don't find any gold, it sure is fun to hunt for treasure.
Odyssey Marine Exploration, Inc. (OMEX) is engaged in the archaeologically sensitive exploration and recovery of shipwrecks throughout the world. The Company employs advanced technology, including side scan sonar, remotely operated vehicles (ROVs) and other advanced technology. Odyssey has two primary segments, shipwreck exploration and themed attractions. The shipwreck exploration segment includes all operating activities for shipwreck exploration and archaeological recovery of shipwreck artifacts and cargo, including the marketing, sales and distribution of recovered artifacts, replicas, merchandise and books through various retail and wholesale sales channels. The Company's themed attractions segment is engaged in interactive attractions and exhibits designed to entertain and educate multi-generational audiences.
Odyssey Marine Exploration
5215 W. Laurel Street
Tampa, FL 33607
Thanks to E-Trade and OMEX