SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Seahawk Deep Ocean Technologies (SDOT)
SDOT 5.615+1.7%1:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Kimzey who wrote (13)1/30/1997 6:16:00 AM
From: Eric Wood   of 82
 
Michael,

I don't know that I will sell at those prices. I don't think I've learned my lesson. The reason is that it went there simply because they were going to go out and dive... and then news just kind of trailed off. I think that if they do actually find something, that I would be kicking myself for selling at .40 (even though that would be approximately 200% return on my meager investment).

From what I understand (I think I got this from the company's PR), the last time they announced a finding, the stock shot up 2700% in a day (and then fell back down again when it turned out that there was just some pottery and other artifacts, and no real gold bullion). If they ever find the "Golden Eagle," .40 will be a joke. Hopefully.

I may try to give them a call in the next few days to see if they have gone out there, and not found anything, and just not wanted to announce that, OR if they still have not been able to go out because of weather and other logistics. It seems that if you had tons of gold sitting below you, you would try pretty hard to go down and find it. I'm skeptical in my own sort of way.

It's good for a laugh anyway. People always get a kick out of it when you tell them you're investing in a stock that searches for sunken treasure ships. : )

See ya.

ERic
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News