Oddessy Marine stock is............sinking are the coins worth 1/3 less now?
seateddime
Posts: 6,180 ✭✭✭
The stock dropped by 1/3 since the announcement. Are the coins going down in value?
I seldom check PM's but do check emails often jason@seated.org
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
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<< <i>The stock dropped by 1/3 since the announcement. Are the coins going down in value? >>
My guess: there is legitimate question about whether they will get to keep much of the booty, perhaps compounded by "buy on the rumor, sell on the news."
I picked up 100 shares, figure for $650 I will either buy a coin when it come out or loose all my money.
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
<< <i>The company discovers 17 tons of silver and gold outside of territorial waters and the stock drops? >>
No, they discover 17 tons of silver and gold and the stock increases TENFOLD. Then Spain says they are going to keep the wreck tied up in court for the next 20 years, and the stock is off by a third. It's still up over 600% since the discovery.