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sure do, GLEN saw an increase in its monthly volume on DPDW of nearly 700% last month, here is the chart:
they are GLENDALE SECURITIES, INC., and may route trades from other clients and market makers.
it is fun to watch and even better when you are in it, and not waiting on the sidelines, this has its ways of transitioning into stronger hands.
surely is, and this allowed the float to get into tighter hands, which will be holding for much much higher gains.
wow, now you see how tightly this is held, very very interesting, great stuff.
Deep Down Equipment in use on the field:
For all those that were not here in August here are some pictures of Deep Down Inc. equipment in use, they were taken by psychobilly and he did a great job, even a video.(thanks to brikk for hosting them)very much relevant to the order we got from Floatation Technologies today. This is all in the IBox, but for those who don't take the time to look, or just to refresh those who have looked here you go.
****Scroll Down****
look familiar, we have a similar piece of equipment in our yard ready to be shipped out (camera 2)
link to video:
http://s92.photobucket.com/albums/l7/blairr_2006/?action=view¤t=EHFLvid-2.flv
original posts:
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=22893836&txt2find=psychobilly
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22348093
2 orders for 25000 at the ask, someone is loading up here.
brikk we are looking good here, volume precedes price, well 178,000 in less then 1 hour of trading.
hello king, here you go:
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23696384&txt2find=sheff
yes cosmo and their is so much DD available on this board, this could really be your link to most of the DD you need, right here on this board.
sorry i didnt notice you wrote 67M OS, the share structure is:
Share Structure:
O/S: 70,120,171 - Float: 7,870,171
here are some links that will help you out:
Schlumberger and Deep Down Inc.:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23883125
Fundamentals Chart:
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23734829&txt2find=dd
here is a link to so much DD on one page, everything from valuations, to Matrix to Mako Technologies, etc.
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23710512&txt2find=dd
what a nice chart
thanks jim and welcome to the board as our assistant, i appreciate your work here on the board.
hello all, great healthy consolidation today, and glad to see the clear discussion going on. I have updated the IBox to reflect the new stores opened, and updated the count to 30.
hey Sulphur Mt. that is a nice sized piece on camera 4, is that for those huge reels we saw a couple of months back?
good to see all the new faces coming in welcome aboard everyone.
the real interesting part, and the thing that depicts to tight float best, is today's action. 43,000 in volume and supply is tight.
do you think those on the sidelines are shocked?
looks like we may have left many with there mouths open on this one again
welcome aboard jlev, glad to have you join us here, and you are very right in that their is REAL growth occurring here. welcome aboard.
and from these levels to DR's second target is a 40% increase. with all the experience that DR and TB have, that seems very bullish indeed.
for anyone that has been watching the cameras, the earnings are just the beginning, we have so many things coming into the yard lately and getting ready to be hauled out, its great.
its great to see a nice base forming here at each level and weaker hands allowing the big fish who will be accumulating to hold for higher levels pick up their shares.
soon enough ARCA will be moving us higher, IMO
and i am seeing the buying blocks at the ask of 10000 shares. :) this is what makes a market.
no problem
Share Structure:
O/S: 70,120,171 - Float: 7,870,171
* right in the IBox
they pick and pick, they know thesee shares are tightly held and any they can pick up is great since the next move will be much higher. watch how fast this upticks if we get NEWS, and my NEWS nose is tingling.
great to see the start of the next level up, great chart so far.
its funny to see a 4.32% down day on 74,000 shares, these MM's are good, then they move back over 1.80 soon enough
typical low volume games here.
these low volume days, have been indicating that their are no sellers left, or very few retail sellers. The run up will be substantila this time and those on the sidelines will be chasing, the float is so tight at this point that it will move fairly quickly.
accumulation is evident at this range.big blocks.
i think the MM's are giving people a warning of how fast this moves.lol
this does move quickly, wouldnt want to be on the sidelines.
Schlumberger (SLB)/Deep Down Inc (DDI)
Proteus (TM) and how it is being used by the Schlumberger/Deep Down Inc. affiliation is very interesting. Ever since this post:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22477297&txt2find=sodv+
I have been gathering all the data from the monthly reports to monitor the progress, and Deep Down Inc. has designed, developed, and is testing, the AHC System. That is all around work, from start to finish, talk about full-service company. The affiliation with Schlumberger is something great, and this Project is huge for Deep Down Inc.
let us start the breakdown.
Scientific Ocean Drilling Vessel (SODV)
On July 2006, "Deep Down was selected as the vendor
for designing and delivering the wireline heave compensator. LDEO personnel have also devoted significant effort revising budgets and identifying cost savings for the SODV project."
here is the link to the July 2006 report:
http://joiserver.joiscience.org/sodv/downloads/monthly_status_rpt/SODV_Monthly_Report_7-06.pdf
here is the Preliminary Schedule set up:
A preliminary schedule for the project’s completion is the following:
1) Vendor Selection - July 31, 2006
2) Beginning of Design Phase - Started May 2006 as part of vendor selection - design to be finalized by September 15, 2006
3) End of Design Phase - October 31, 2006
4) Land testing period - April 1, 2007 through July 1, 2007
5) System delivery date - July 1, 2007
6) Equipment installation (shipyard) - August 1, 2007
7) Available for sea trials - September 1, 2007
here I have gone through each report and added to each monthly occurrence:
****(all the following were extracted directly from each individual monthly report)****
Sept 2007 - Oversight of the project involving the Schlumberger (SLB)/Deep Down Inc (DDI)wireline heave compensating system (WHC) is continuing. Fabrication of the WHC components for the JOIDES Resolution unit is underway and the testing phase has been re-scheduled for early October. Logging Systems Design - The testing of the SODV wireline heave compensator was to take place on Friday, September 21st, at the Deep Down Inc. (DDI) facilities in Channelview, Texas. The purpose of this test was to collect baseline data demonstrating the quality of performance of the system. The test failed to materialize because key personnel were not available and the system was not completely assembled for testing. Due to delays in the installation of the Chikyu heave compensator, the Electrowave representative responsible for developing the software needed to input a known heave signal into the system was not present. A close-up look at the major components of the system showed work that needs to be completed prior to testing. September 26th was targeted as the new date for SLB to conduct a system’s test under a heavy load but problems with hydraulic valves have pushed this date to the beginning of October. Both DDI and SLB agreed to have the unit 100% complete and ready for testing before LDEO personnel arrive to conduct the system tests. Test files for the input heave signal have been sent to Electrowave for evaluation.
Aug 2007 - Oversight of the project involving the Schlumberger (SLB)/Deep Down Inc. (DDI) wireline heave compensating system (WHC) is continuing. Fabrication of the WHC components is underway and the testing phase has been scheduled for September 9th (Chikyu unit) and September 13th (JOIDES Resolution unit). LDEO is working with Schlumberger on determining equipment needs and shipment schedules based on new potential vessel delivery schedules.
Jul 2007 - Oversight of the project involving the Schlumberger (SLB)/Deep Down (DDI)wireline heave compensating system (WHC) is continuing on weekly basis. Fabrication of the WHC components is underway and the project completion has slipped two weeks from the original schedule leaving five weeks of schedule float before shipping to Singapore. LDEO continues to work with Schlumberger on estimating the number of crates,sizes and weights for equipment that will be installed. A detailed schedule for LDEO and SLB personnel outlining tasks and responsibilities during the Singapore commissioning stages has been submitted based on the current SODV schedule.
Jun 2007 - Oversight of the project involving the Schlumberger (SLB)/Deep Down (DDI) wireline heave compensating system (WHC) is continuing on weekly basis. Fabrication of the WHC components is underway and project completion continues to be on schedule. LDEO has been working with Schlumberger on estimating the number of crates, sizes and weights for equipment that will be installed prior to the inclining experiment scheduled for December 24th and later in January at the Loyang location. Documentation was prepared for Project Baseline Review.
May 2007 - Oversight of the project involving the Schlumberger (SLB)/Deep Down(DDI) wireline heave compensating system is continuing on weekly basis and the project is still on schedule. LDEO, SLB, DDI, ODL, TAMU and NOV continued working on the design and placement of the crown sheaves that are needed for the wireline logging operations. The sheave design was completed; the sheaves were shipped to Singapore and received in time for attachment to the derrick before reinstallation onboard.
Apr 2007 - Oversight of the project involving the Schlumberger/Deep Down wireline heave compensating system is continuing on weekly basis and the completion project date is still on schedule. LDEO personnel participated in a conference call with Schlumberger (SLB) and Deep Down Inc. (DDI) to discuss the development of the wireline heave compensator. LDEO has been working with Schlumberger on specifications for the wireline heave compensator and delivery dates. LDEO, SLB, DDI (Deep Down Inc.), ODL, TAMU and NOV have been working on the design and placement of the crown sheaves that will be needed for the wireline logging operations. A design review meeting between John Van Hyfte (Deep Down), Nathan Frisbee(Schlumberger), Matthew McCoy (Schlumberger), Eric Meissner(LDEO) and Gerardo Iturrino (LDEO) took place on April 9th. (please refer to the Apr 2007 report for the list of things discussed their were many)
Mar 2007 - Oversight of the project involving the Schlumberger/Deep Down wireline heave compensating system is continuing on weekly basis and that project is still on schedule. LDEO continued communications with Schlumberger on the progress of the wireline heave compensation system development. The development continues on schedule. A design review meeting between Deep Down, Schlumberger and LDEO is scheduled for Monday April 9th.
Feb 2007 - LDEO met with both Nathan Frisbee and Matt McCoy to discuss has continued efforts with Deep Down in designing the wireline heave compensation system for the SODV.
Jan 2007 - Work by Deep Down on delivering the wireline heave compensator continues to be on schedule. Schlumberger has continued efforts with Deep Down in designing the new wireline heave compensation system for the SODV and the following tasks have been completed:
1) Deep Down has ordered the long lead components.
2) Re-worked compensator plans were submitted to SLB and approved (the original design was modified slightly to allow using the same configuration onboard the Chikyu)
3) LDEO and SLB had a meeting in January 9-11 where the designs were reviewed and approved.
4) Deep Down has hired 3 new staff members to work on the project.
Dec 2006 - Work by Deep Down on designing and delivering the wireline heave compensator continues to be on schedule. Schlumberger has continued efforts with Deep Down in designing the wireline heave compensation system for the SODV and the following tasks have been completed:
1) Deep Down has ordered long lead components.
2) Re-worked compensator plans were submitted to SLB for approval(the original design will be modified slightly so that the same components can be used on Chikyu)
LDEO and SLB have set a meeting in early January to review and approve the plans.
Nov 2006 - Work by Deep Down on designing and delivering the wireline heave compensator is currently on schedule. Schlumberger has continued efforts with Deep Down in designing the wireline heave compensation system for the SODV and the current schedule is the following:
December 30 - Deep Down to order long lead components
January 1 - Submit re-worked compensator plans to SLB for approval(the original design will be modified slightly so that the same components can be used on Chikyu)
January 15 - SLB and LDEO to approve plans
February 1 - Start fabrication
May 15 - Fabrication complete
June 1 - Start assembly
July 1 - Assembly complete
July 31 - Test, inspection and SLB acceptance complete
August 1 - Unit ready for shipment
Oct 2006 - Work by Deep Down on designing and delivering the wireline heave compensator is currently on schedule. Schlumberger has continued efforts with Deep Down in designing the wireline heave compensation system for the SODV and the work is on schedule.
Sept 2006 - Work by Deep Down on designing and delivering the wireline heave compensator is currently on schedule. Schlumberger has continued efforts with Deep Down in designing the wireline heave compensation system for the SODV and the work is on schedule.
Aug 2006 - Deep Down, the vendor selected to design and deliver the wireline heave compensator, is currently working on designing the system. Schlumberger has continued efforts with Deep Down in designing the wireline heave compensation system for the SODV and the work is on schedule.
July 2006 - Deep Down was selected as the vendor for designing and delivering the wireline heave compensator. LDEO personnel have also devoted significant effort revising budgets and identifying cost savings for the SODV project.
Important links:
SODV website:
http://www.joiscience.org/sodv/status#msr
LDEO:
http://www.ldeo.columbia.edu/
National Oilwell Varco
http://www.nov.com/
which they have shown us time and time again, quality is certainly a factor here.
we have so much working here and just as we saw many fundamentals just now being adjusted by the market, i feel that we will see the next set of fundamentals that must also be adjusted for soon.
This is going to be interesting to see how it plays out and how the catalysts that we have at hand will propel us to new higher levels. Institutional buying will be supporting the PPS along the way and, more and more retail will be left back with each new event (remember the last 5 minutes of a trading day not to long ago?)
We must not forget that this is being carried by managements incredible enforcement of building shareholder value, i mean they own this and are certainly confident with what they own. Does anyone really believe that Mr. Butler, our CFO, with what he did over at Weatherford, taking that company and its pps on a straight upward trend, would be here for something that he didn't believe was going to cause quite a stir in the offshore industry. His vast experience in the energy field coupled with his incredible knowledge of working deals and managing financials, to build a stronger shareholder base and financial status, makes this great.
We are developing, acquiring, producing, all right in front of each and every one of our eyes. This is evident by spending some time on the cameras, reading the recent PR's and seeing who some of our clients and affiliates are. This is a most exciting time for this company and its shareholders, be they retail or institutional. Great stuff coming soon, and much more to add to the already great stuff we see in the future for this company.
your exactly on point with your analysis amazingkarma, thanks for that.
this has been talked about extensively on the board and is pretty much old news already, nothing we didn't know.
thanks and glad to see you guys doing some real world DD, great job with that and it seems to be the same review all around the food is great and the place is busy, that is great for revenue in the end and certainly shows us the potential we have here.
thanks again and looking forward to the pictures, we seem to be having a little consolidation here, which is extremely healthy for the chart and your son may be able to pick up some at this range.
welcome picklers.
i think we are seeing the best of MM games today, looks like they want shares and see where this is heading.
absolutely and we have seen many examples for those on here that have gotten "burned" trying to flip this, this is better accumulated, only way to go around here.
certainly seems that way, and their is much to be looking forward to as for next week. We have a great management team here and so many synergies that are only now beginning to come together.
Many who wait will only be left behind and pay a higher premium for their shres, into next week.
here you go joe, sorry for the late response:
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23650790&txt2find=mining