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Odyssey Marine Exploration Inc. Message Board

  • stevemacfarlane stevemacfarlane Jun 2, 2014 3:52 PM Flag

    I'm smelling a short trap.....

     

    hatched six months ago.

    This topic is deleted.
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    • What you smell is the OMEX your trading account.

      You have a brand new 52 week low, and a 5 year low, with OMEX working from a loan.

      Remember what happened when the G was announced? The Victory was announced, The MAKO deal was announced, and the CA was announced? What else have they got.

      This isnt the shorts driving this down, it is management.

      • 1 Reply to ga.rscrappa
      • The lesson is never buy the OMEX announcements of course, its a suckers bet. That said, OMEX lost 50 million by not getting the G right on the first try, because silver dropped so much in a year. In retrospect, that was to much to lose, perhaps the final nail in the coffin. Things could have been a lot different, the opportunity was there and slipped away. Small companies in big debt just can't afford to screw up like this. ANyways, thanks scrappy for helping me to exit this pig before I lost more than I did it was a valuable learning experience with lousy, non-shareholder attentive management.

 
OMEX
1.14-0.04(-3.39%)Aug 21 3:59 PMEDT

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