If you have noticed, no one here knows anything. So, if something is happening right now, then they don’t know that either. We could have a leased vessel out there at this very moment doing recovery operations on the 5 wrecks we just finished surveying. But, they can’t tell you no and they can’t tell you yes, because they know “nothing”. So, the only thing that is sure here is that “they” know “nothing”.
A few guys, Stemm, Morris, and others created a company from scratch, and made money for a lot of people, including me. TY. Most US companies never get as far as they have. I hope they pull it out. But that’s America, Mom, apple pie, and having the guts to get out there and create something. Stop crying, you little babies. Take a lesson from Stemm, and try to act like Americans.
Type in “aprs seabed worker”. Worker came up from Las Palmas very slowly a few weeks ago. She has apparently been in the Channel and stationary or near stationary for about a week. But, she does not show on AIS. However, as other vessels pass, they ID her on APSR. You will see them highlighted intermittently as they close. Then check the coordinates of HMS Victory (49° 42.5’N 3°.33’W). Coincidence? Odyessy’s silence is deafening but so is Seabed Worker’s. Worker could be simply repairing a pipeline or she could be doing something else of interest to all of us.
There was a trade in the after hours of 283K shares at .41. Doesn’t it appear to be a buy initiated offer at .41? I hope that is true. However, if the alternative is true, will Captain Bash go down with the ship or will he pull a Francesco Schettino?
If I remember correctly, Explorer will have been in port for 30 days come Monday. Union rules say 30 on, 30 off ? Crew getting antsy to sail? This is prime research and recovery time. In the June 2 release, Gordon said, “In one 30 day rotation, the team located four new targeted shipwrecks and conducted reconnaissance on a total of five targeted shipwrecks. The data collected will allow us to plan the most cost-efficient recovery plan utilizing the Odyssey Explorer and a leased vessel.” Could a leased vessel be out there now? Could we be waiting for one to accompany Explorer? I think we’ll get a boost the minute Explorer sails.
I confess. It was I. But, charts show trends and cannot always be spot on per day. Let's see what jells here. It's back to the drawing board for me. If I come up with anything I feel is useful, whether candles, ship movements, option purchases...I will post it for your perusal. Good luck.
Since you were so enthusiastic over my previous post on charting, I thought I would post my present opinion. Looking at the 3 month candlestick chart, I see today ending as a bullish dragonfly doji. Additionally, the Japanese one day chart shows a very bullish engulfing pattern. And both charts show stochastics pointing up. Unfortunately, I wasn’t here to see the hourly volume, but something positive must have occurred in the last hour and thus the end of day was actually positive. I think Monday will be an up day.
For those of you who follow Japanese candlesticks. Yesterday’s candle and today’s candle formed a bullish harami cross. That doesn’t give so much information without more, but at least it’s pointing up.
Here’s a little representation of OMEX movements over the past 8 (EIGHT YEARS).
March 12, 2007…..2.76
May 14, 2007…….8.32 2 months
Dec 15, 2008……..2.69
Feb 2, 2009……….4.35 2 months
June 28, 2010……..1.04
May 30, 2011……..4.18 11 months
Dec 12, 2011……...2.34
Aug 6, 2012……….3.69 8 months
Feb 7, 2014………..1.76
March 21, 2014……2.51 6 weeks
And, it works both ways. If you lost money here, guess whose fault that was?
TY omex……..That statement says Explorer is positioned in Cork awaiting analysis of data to be used in the next phase of their work. And that data came from Explorer’s own reconnaissance of the 5 wrecks, of which 4 are new and all are nearby. Explorer’s scheduled departure from Cork was listed as 18:30 June 2, four days ago. She was apparently delayed and her departure time kept being upped. Then she went back to the July 26 date. Something must have occurred concerning the data. I’m hoping that she was about to head for Mantola with its $10M in silver, but then new data analysis showed the mother-lode on one of the other four wrecks.
Explorer is still at the dock and its time has changed again. Earlier today she came up to the top of the departure schedule with a time of 18:45 June 2. That guy posting that Odyssey hasn’t made money is full of bull. Stemm, Gordon, and Morris and the crews have made plenty of money for me, many others here and for themselves. Thanks guys.
If you bought at the wrong time, too bad. But that’s your fault. Anybody who wants to get “paid” here, just get a job. The rest of us are investors. Taking risks with this company has been very rewarding. Maybe you’re just not very good at it.
Explorer sails in a few hours. Let’s see which way she turns when she reaches the Celtic Sea. Sure hope it’s to the Southwest. They previously mentioned just 4 commodity wrecks. Now, it's 5. Could the other be Mantola? Exciting, isn't it!
Haven’t been here in quite some time, but if I remember correctly Explorer stopped at Horgan’s Quay, Cork for onboard work a couple of years ago and just before going to the Gairsoppa and Mantola sites. She stayed for that corresponding weekend and arrived at the wreck site in the 1st week in June. She left Cork either that Sunday night or Monday morning arriving at the site on about June 4. Coincidence? Mantola is said to have 600,000 ounces of Ag aboard, about $10M. Odyssey has said they have greatly improved their search and recovery abilities since then with new equipment that can work at 6,000 meters. Mantola is about 2,500 meters. I can’t figure if they have deep sea cutting ability like Seabed Worker has, but they did do some very heavy work on Republic. I believe they have also talked about reconning the other commodity wrecks this season. They have all Summer. Perhaps they are nearby.
Looking at past news releases, I see Gordon said of Mantola, “We plan to return to the Mantola in the future with upgraded versions of some of the technology we developed during this expedition.” (Aug 15, 13). They must have even greater technology at this present time.
I own some small biotechs with far greater debt than omex and think the risk there is greater than with omex and have acted accordingly. If, come Sunday/Monday, I see Explorer steaming SW past the Irish coast, I may buy more.