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was hotlinktuna

08/12/04 11:05 AM

#283195 RE: was hotlinktuna #283187

I've traded OMR since it was OMEX...in again at 2.05 -.27 which is the lowest price I've ever gotten it...usually have made money and giving it another try here...recent PR's: Post-Civil War Treasure Ship Reveals Its Secrets in September National Geographic
Thu 10:45am - Business Wire
• Odyssey to Release Select SS Republic Gold Coins
Mon, Aug 9 - Business Wire
• ODYSSEY MARINE EXPLORATION INC Files SEC form 8-K, Change in Assets
Mon, Aug 2 - EDGAR Online
• Odyssey Marine Exploratio Financials
Fri, Jul 30 - EDGAR Online Financials
• Odyssey Appoints Davis Howe Chief Operating Officer
Fri, Jul 23 - Business Wire
• ODYSSEY MARINE EXPLORATION INC Files SEC form 10QSB, Quarterly Report
Thu, Jul 15 - EDGAR Online
tuna
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Zeev Hed

08/12/04 9:24 PM

#283756 RE: was hotlinktuna #283187

Tuna, re IIIN, finally got to read their last quarterly report. The big push was not from increased volume (actually down 6% YOY), but from a huge increase in ASP, no less than 73%. They attributed this to special market conditions and do not expect that to continue. As I suggested earlier, if construction slows down, these huge profit margins may evaporate in thin air. I am staying away from that one, good luck.