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0.00220302375809921 0.00220302375809921 0.00863930885529158 0.0174082073434124 0.00647948164146854 0.0043196544276457 0.019438444924406 0.017278617710583
Stock impact report

Odyssey Marine Exploration Breathes Hype, But Its Raft Has Holes [Seeking Alpha]

Odyssey Marine Exploration, Inc. (OMEX) 
US:NASDAQ Investor Relations: ir.odysseymarine.com/investor-relations
Company Research Source: Seeking Alpha
OMEX's stock crashed 80% after an ICSID arbitration awarded only $34 million versus $2.3 billion sought, leaving the company insolvent. Despite a 600% stock rebound on U.S. policy speculation, OMEX faces negative equity, severe liquidity issues, and ongoing insider selling. I rate OMEX a Hold due to extreme technical, financial, and asset risks, with dilution and going-concern doubts outweighing speculative upside. Abstract Aerial Art/DigitalVision via Getty Images Odyssey Marine Exploration ( OMEX ) is a marine mining exploration company. The company has participated in several projects around the world trying to prospect and eventually develop mining concessions under the sea, either in shallow This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am Show less Read more
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