SOST (TITANIC INC.) NEXT WEEK on NBC Nightly News/Dateline NBC/Discovery Channel and the Today show
I'm sure most of you have seen the new movie TITANIC and most are probably fascinated about its history.
But did you know that you could buy stock in the company that found and claimed the sunken ship?
This same company has EXCLUSIVE salvage rights to the TITANIC.
The symbol is SOST
The Company: RMS TITANIC INC.
Their web site is: titanic-online.com
This stock popped big after the movie came out to theaters then dropped back again.
Now the momentum has returned.
Why?
Because every few years SOST launches an expedition to the Titanic to recover artifacts from the ship. They then restore the artifacts and display them in exhibitions worldwide for people to see.
How they make most of their revenues is from selling tickets at these worldwide exhibitions.
This month (August) they have launched another expedition which Dateline NBC,Tom Brokaw and NBC Nightly News, Today Show and the Discovery Channel will be covering for days.
What they are attempting to do is recover a 20 ton piece of the Titanic's Hull. This will be a historic event if they are successful in this recovery... a few days ago they relocated this piece.... the media coverage of this event should be huge.
Beyond all of this upcoming potential (please read the recent news releases)... these guys have pretty impressive quarterly earnings for such a small company.
.08 eps in the first quarter
And after this month, I expect more people to flock to these worldwide exhibitions of the Titanic..thereby increasing ticket sales and therefore revenues and profits.
They recently started a tour of Titanic artifacts in Japan and it has been very successful to date. They are currently displaying at the Boston World Trade center as well.
The stock currently trades around 1.875 a share... low float and
low Oustanding shares.
EPS last quarter is quite impressive:
RMS Titanic, Inc. Announces Record Revenues For Its First Fiscal Quarter
PR Newswire - July 21, 1998 12:40
NEW YORK, July 21 /PRNewswire/ -- RMS Titanic, Inc. (OTC Bulletin Board: SOST), today reported net income of $1,341,245, or $.08 per share, on record
revenues of $2,562,319 for the first fiscal quarter period ended May 31. Net income for the quarter rose 2230% from $57,566 a year earlier and revenues
increased 532% from $405,674 for the Company's fiscal first quarter ended May 31, 1998.
And I believe it will only get better from here.
My target is $3 - $3.50 in the next several months.
The KEY is to watch the media blitz which will occur in the upcoming weeks surrounding the rising of the hull.
Also, the great thing is... only 88 SI messages on the SOST board... meaning you aren't the 4000th person to hear about this stock.
Good Trading!
-DavidCG |
