Making $$ in the Market
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Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This is one busy place Sulphur-Thanks for the photo's!
Fantastic to have camera's view 24/7 and see some work getting done!
Not many companies provide this type of view!
Investor 100
Another Great Day!
Congratulations to DPDW shareholders:)
I guess DR needs to sharpen their pencil as $2.50 is around the corner!
What a ride all without the Mako Tech deal and upcoming 3rd quarter results, just to name a few important items...
Investor 100
Brikk: The chart confirms: Go GREEN..Go DPDW...
High Low Last Change Volume % Change
10/16/07 2.0400 2.0400 1.7800 1.9790 -0.0410 482821 -2.03%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 413545
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 260884
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 203294
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
2.0200 1.6267 1.9367 2.2467
Thanks Sheff!
Excellent DD information!
Investor 100
Todays news is significant in several aspects:
1) Company got the deal done ( better late than never)
2) CPNE management communicated to shareholders that there was a delay in the deal
3) This deal gives CPNE better synergy with its existing business!
4 This deal bodes well for future growth and better exposure to the marketplace.
4) 4th quarter results should be positive!
We gave a lot up the past seven eight months but I think CPNE is going to come back!
GLTA
Investor 100
Good Morning CMMI Shareholders!
Investor 100
Updates on Numbers: Green Light @ DPDW!
Good Morning All!
DPDW - DEEP DOWN INC. (OTCBB)
Date Open High Low Last Change Volume % Change
10/15/07 1.7800 2.0500 1.7400 2.0200 +0.3100 491900 +18.13%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 413545
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 260884
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 203294
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
2.0200 1.6267 1.9367 2.2467
Green Rating System Proposed for Biofuels
Interesting Article-Statistics For Demand + Production Huge!
Not all renewable fuels are created equal. Ultimately some are even worse for the environment than gasoline made from petroleum.
To remedy the confusion, researchers at the University of California-Berkeley are proposing a biofuels rating system that they say will reflect more accurately the environmental impact of a fuel and help stimulate the market for biofuels that are truly green.
The proposal, included in an April report, comes as biofuels are playing a growing role in the U.S. government's energy strategy.
The Renewable Fuel Standard, passed as part of the 2005 energy bill, calls for the use of 7.5 billion gallons of renewable fuel per year by 2012.
The bill, along with government subsidies, has spurred a boom in the bio-ethanol industry. Ninety-five percent of ethanol in the United States is made from corn.
The yardstick for measuring a fuel's environmental performance is greenhouse gas emissions. Yet several studies show that ethanol made from corn releases as much or more greenhouse gas as gasoline derived from oil. "The way we produce ethanol today is not benefiting the environment," says Alex Farrell, an assistant professor of energy and resources at Berkeley and one of the authors of the report.
There currently is no standard method of rating the environmental performance of a biofuel. The lack of a standard partly stems from the difficulty of measuring the environmental performance of a biofuel through its life cycle, Farrell says.
Booming biofuels
Biofuels production is a growing business in the United States.
* The U.S. has 116 ethanol bio-refineries.
* Those refineries can produce more than 5.8 billion gallons of ethanol annually.
* Production is growing by 25% a year.
* Biofuels account for about 5% of total U.S. fuel consumption.
Source: University of California-Berkeley report
Pumping up the product
Biofuels are manufactured in two stages: feedstock production - or farming - and refining. Getting reliable estimates of greenhouse gas emissions from the refining stage is straightforward. Coal-fired refineries, for instance, produce more emissions than refineries powered by natural gas or organic waste.
Calculating greenhouse gas emissions from feedstock production is more difficult. It depends on the type of crop and the farming practices used to produce it.
Determining the environmental impact of a feedstock requires modeling or using other general indexes. Irrigated crops, for example, produce more emissions than crops that aren't irrigated because they require diesel-powered pumps to move the water.
Farrell and his co-authors propose two methods to calculate a biofuel index: quantitative and qualitative.
The proposed quantitative index calculates a biofuel's global warming intensity. The rating is based on the combined global warming impact of the feedstock and bio-refining phases. Each biofuel is given a rating of one to five stars, with a five-star fuel having the best environmental performance or lowest global warming intensity.
This approach produces a one-star rating for ethanol produced from corn cultivated with conventional agricultural methods and processed in a refinery using natural gas. If organic waste is used to power the refinery, the rating improves to two stars. If the biofuel feedstock is grass, the rating improves to three stars.
The qualitative approach simply assigns a descriptive rating to a biofuel according to its feedstock production practices. A fuel produced from a crop that isn't irrigated gets a higher rating than one made from an irrigated crop. A feedstock crop from an untilled field gets a better rating than a tilled crop, as tillage releases a nitrogen-based greenhouse gas.
"There is no rule that says, 'Thou shall produce ethanol from corn,' " says Dave Barthmuss, General Motors' spokesman for the environment and energy.
The biofuels industry has received a further boost from legislation passed recently by the U.S. Senate's Energy and Natural Resources Committee calling for 36 billion gallons of renewable fuels by 2022. "This bill is to cellulosic ethanol what the 2005 energy bill was to grain ethanol," says Bob Dinneen, president of the Renewable Fuels Association.
The ideal biofuel
Cellulosic ethanol - produced from agricultural and forest residues, municipal waste and other sources - is viewed by many experts as the ideal biofuel. Not only does it produce fewer greenhouse emissions, but the potential volume that could be made from it dwarfs the amount of bio-ethanol currently produced.
Farrell, the Berkeley professor, thinks a biofuels index would stimulate the market to convert to greener, more sustainable feedstocks and
fuels. He envisions the index as the basis of a labeling and credit trading system that would allow fuel producers and wholesalers to meet their renewable-fuel obligations.
A prototype of a biofuels credit system is proposed under the federal Renewable Fuel Standard. Such a system would allow old, poor-performing refineries to compete in the biofuels market by purchasing credits from greener facilities.
"It's a new idea," Farrell says of the index. "It's intended to rock the boat a bit."
Oil Well Services & Equipment: Overview
The numbers for 2007 have jumped significantly.
Right Sector at the Right Time for all DPDW Shareholders!
by Datamonitor) The value of the US oil well services and equipment market in 2006 was approximately $23 billion, representing 18% of the global value, which has shown a compound annual growth rate (CAGR) of approximately 13% since 2002.
Manufacture of oil rigs and drilling equipment remains the most lucrative segment of the market, constituting 30% of its value; drilling-related services generated a further 19%; formation and evaluation comprised 15% of market value, with well completions representing 6%.
Oil companies are attempting to exploit domestic reserves to their fullest potential, boosting demand for equipment and services providers. Tapping new reserves is more lucrative for services and equipment manufacturers than development of already-tapped reserves. Energy companies are both exploring potential sites overseas and developing domestic reserves, streamlining their infrastructure by selectively decommissioning and upgrading pipelines. Furthermore, the destruction of Gulf Coast infrastructure during various hurricanes (especially Katrina in 2005), has also created a short-term demand for replacement equipment.
Leading companies include Plains All-American Pipeline, Halliburton, Schlumberger, and TEPPCO. In response to industry demand, the continuous development of efficient technologies is paramount within the services and equipments of oil wells. Companies are also expanding inorganically through M&A activity to maximize their product portfolio and geographical coverage. In order to preserve margins, companies are selecting contracts that promise high returns on outgoings. This has increasingly meant that companies have sought to expand their operations outside the domestic market.
The Bottom Line
Key Issues
New Exploration
American regions planned for development in 2006 include Texas, the Gulf Coast, and Canada. These will provide opportunities for exploratory drilling. Also, further afield, Russia is developing rapidly in oil exploration and thus further creating and necessitating heavy expenditure by oil and gas companies on equipment and supplies, as expenditure on equipment is more extensive for newly tapped reserves than for heavily developed ones.
Inclement Weather
In deepwater situations, equipment is frequently damaged: hurricane Katrina in 2005 caused major damage to rigs and equipment in the Gulf Coast, including at least five rigs that had to be completely scrapped. The replacement and restoration required have necessitated extensive capital outlay, benefiting the oil well services and equipment industry.
Shutdown of Under-Utilized Pipelines
Companies are decommissioning under-utilized and non-profitable pipelines to concentrate their resources on improving the remaining pipelines. This has created a short-term boost for companies offering decommissioning services.
Significant Trends
Improved Technology
Companies are constantly investing in the development of efficient technology, maximizing oil and gas extraction and optimizing revenues. These new technologies can be marketed at premium prices, and have driven revenue growth in recent years.
Mergers and Acquisitions
The market is continuing to consolidate. Through merger and acquisition activity, companies have sought to increase revenues inorganically by operating in overseas markets, limiting their exposure to fluctuations in the US market.
Selective Strategies
Due to the strength of their market position, the larger players have adopted selective strategies when bidding for contracts: favoring high margin/low risk options. In contrast, many of the smaller players have been forced to take higher risks for relatively lower margins, because of their inability to compete with the industry giants.
The value of the global oil and gas equipment and services market is deemed to be the revenues accrued by the manufacturers of equipment, including drilling rigs and equipment and providers of supplies and services to companies involved in the drilling, evaluation and completion of oil and gas wells.
Numbers Do Not Lie: Green Light @ DPDW!
What Changes post $2.00 sharing the stage with institutional buyers big time!
DPDW - DEEP DOWN INC. (OTCBB)
Date Open High Low Last Change Volume % Change
10/15/07 1.7800 2.0500 1.7400 2.0200 +0.3100 490925 +18.13%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 413496
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 260865
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 203284
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
2.0200 1.6267 1.9367 2.2467
Welcome Blue Horse Shoe!
Picked an outstanding board and company with more room $$$
Coming Up Soon!
1) 3rd quarter in November
2) Mako Tech deal.
Investor 100
Fantastic Day at CMMI!
Success begets Success!
Cheers
Investor 100
Wow...happy to average up here...great board again brikk!!!
Good Morning DPDW!
Looking forward to more developments this week!
Thanks to all for the great DD!
Long and Strong!
Investor 100
Good Morning CMMI..
Thanks 4Mars for that informative discussion with IR!
What small company like this does the following:
1) IR welcomes calls with no B.S.
2) IR welcomes visitors to its shop for tours!
3) Offers shareholders 27/7 camera surveillance on its property.
This is really something special-WOW!
Investor- 100
Outstanding Day...Volume /PPS!
Good weekend to all
Investor 100
WHOA.....HAPPY HOLIDAYS!!!
Oil hits record, pushes past $84 a barrel
Declining inventories, potential trouble with Turkey and projections for a colder winter push crude to $84 a barrel
October 12 2007: 1:54 PM EDT CNN
NEW YORK (CNNMoney.com) -- Oil prices hit a record high Friday on news of dwindling stockpiles, potential trouble with Turkey and projections for a colder winter.
U.S. crude for November delivery rose 50 cents to $83.85 a barrel on the New York Mercantile Exchange, after hitting a fresh trading high of $84.05 a barrel earlier in the session. The previous trading record was $83.90 set Sept. 20.
GAS CRUNCH
Think oil can't go higher?
Think again
Oil jumps almost $2, nears record
Gasoline prices decline
ConocoPhillips sees production drop
Oil was expected to begin a seasonal retreat from those September highs as refineries begin winter maintenance and use less crude, gasoline demand slows and the dollar comes off recent lows.
But a number of events in the last couple of days have pushed oil to all-time highs, although when adjusted for inflation, oil is still slightly cheaper than the $90 a barrel or so it would have been in the early 1980s.
Why $80 oil won't mean $3 gas
On Thursday, the Energy Information Administration said crude stocks fell by 1.7 million barrels last week. Analysts were looking for a gain of 1 million barrels, according to a Dow Jones poll.
The decline in U.S. stockpiles corresponded with an International Energy Agency report the same day that showed a decline in stockpiles across developed countries.
The IEA also left its demand projections for 2007 and 2008 unchanged, despite record prices. IEA says worldwide demand will grow by 1.5 percent in 2007 and 2.4 percent in 2008.
"There seems to be a lot of concern over sufficiency of supply for the upcoming winter," said John Kilduff, an energy analyst at MF Global in New York.
Kilduff also said concerns over the economy have faded, pointing to reports this week showing fewer jobless claims and stronger-than-expected retail sales.
"Any hope of lower energy prices were on the back of an economic slowdown," he said. "But the economic data just isn't looking as poor."
In August, subprime induced fear rattled markets and briefly brought oil prices down below $70 a barrel.
On Tuesday, EIA said this winter, while projected to be about 2 percent warmer than usual, will be about 4 percent colder than last year. As a result, people will use more heating oil and natural gas.
And traders are also keeping an eye on mounting tensions with Turkey. Leaders of the NATO member and close U.S. ally are upset over a resolution in the U.S. Congress calling the massacre of Armenians following World War I a genocide.
Turkey has thousands of troops bordering northern Iraq and wants to engage Kurdish fighters, who have killed several Turkish troops in recent days as part of an ongoing struggle to form an independent country in the region that would include taking a slice of territory from Turkey. Northern Iraq is home to much of the country's oil production, which is running at more than 2 million barrels a day.
The debate behind $80 oil
But despite the record highs Friday, some analysts question whether $80 oil is really sustainable.
"The latest bull run seems somewhat overdone," Antoine Halff, head of energy research at Fimat in New York, wrote in a research note Thursday. "Last week's surprisingly steep US crude stock draw, reflecting both higher-than-expected crude runs and a steep drop in crude imports, may not be sustainable in the face of rising OPEC output and seasonal refinery maintenance."
Oil prices have more than quadrupled since 2002. Analysts say surging global demand combined with limited new supply is the main underlying factor.
The surge in prices has also attracted lots of speculative investment money, further driving prices higher. And the tight supply and demand situation magnifies the effect geopolitical tensions have on prices, as there is less spare supply available globally to cover a disruption from someplace like Iran, Nigeria or Venezuela.
The falling U.S. dollar has also played a role, as oil worldwide is priced in dollars.
Oil producing nations have less incentive to ramp up output if the buying power they receive per barrel is declining, and foreign consumers have less incentive to reduce demand if oil is, in effect, getting cheaper for them.
Think oil can't go higher? Think again
Great Day at CMMI:
1) Like the ground floor opportunity.
2) Like the sector a whole bunch!
3) Like the companies chances of great success!
4) Thanks to all for the DD!
5) Adding more shares!
Investor 100
Good Morning CMMI!
Joined earlier this week and looking to add more...
Good Day All!
Investor 100
Good Morning!
Yesterday's press release adds a tremendous new dimension to Deep Down revenue stream which bodes well for the PPS in weeks, months and years ahead.
Just another feather in the cap for DPDW and its shareholders!
I keep averaging up my cost.
Good Friday to all!
investor 100
Upward for CPNE....
The past few trading days has given us positive response that perhaps we have seen the lows.
We know that the 3rd quarter is not good however the 4th quarter should bring us back and move us forward.
Looking for better days and months ahead!!
Investor 100
Oil jumps close to record on supply worries
NEW YORK (Reuters) - Oil surged over 2 percent on Thursday, approaching its record high after a surprise decline in U.S. inventories stoked concerns about supplies in the world's top consumer ahead of winter.
U.S. crude oil stocks fell 1.7 million barrels last week to the lowest level since January, a report by the Energy Information Administration showed, countering analyst expectations for a 900,000 barrel rise.
The drop helped push U.S. oil futures up $1.78 to settle at $83.08 a barrel. U.S. oil had traded up to $83.76 earlier, near the all-time high of $83.90 struck on September 20. London Brent crude rose $1.55 to $80.15 a barrel.
"The EIA data is basically supportive. The drop in crude stocks was caused by a big drop in imports and that could have led to the bigger-than-expected drawdown," said Phil Flynn, analyst for Alaron Trading.
U.S. distillate supplies fell by 600,000 barrels last week, according to the EIA, while heating oil stocks rose 1 million barrels. Gasoline stocks rose 1.7 million barrels.
Concerns of a winter shortfall have helped fuel oil's rally over the past month and sent U.S. heating oil prices to a record high on Thursday.
"There is a broad consensus that supplies will get tighter this winter," the International Energy Agency said in its monthly report.
The IEA added that high oil prices were tempting consumers to switch to cheaper natural gas and cutting estimates for economic growth. The agency slashed its fourth-quarter demand estimate by 320,000 barrels per day to 2.03 million bpd.
The weakening U.S. dollar has also helped push oil and commodity prices higher over the past month. Gold and platinum reached fresh highs on Thursday as the greenback weakened against the euro.
"The fall of the dollar is a prime mover in this crude and distillate rally," said Andy Lebow, broker a MF Global in New York. "The dollar's fall is encouraging investors to put their money in alternative investments, including commodities."
The decision by the Organization of Petroleum Exporting Countries to add 500,000 barrels per day of crude to the market starting in November has not cooled prices.
Top exporter Saudi Arabia told Asian customers on Thursday it would increase shipments by about 10 percent.
(Additional reporting by Randy Fabi and Peg Mackey in London and Luke Pachymuthu in Singapore)
Can you say Halliburton...help reconstruct IRAQ oil fields!
The possibilities are mind blowing!
Investor 100
Thanks Chevdawg....Thanks for that confirmation which I suspected all along so I keep averaging up my cost....long and strong!
Investor 100
Rim Semiconductor and Canby Telcom to Test High-Speed Technology
Innovative Telecommunications Service Provider to Evaluate Industry’s First IPSL™ Solution
Rim Semiconductor Company (OTCBB:RSMI), the inventor and leader in Internet Protocol Subscriber Line™ (IPSL™) technology, announced today it has entered into an agreement to evaluate the next generation Cupria™ IPSL™ solution in the service network of Canby Telcom of Canby, Oregon.
Rim Semi’s Cupria™ IPSL™ solution allows service providers to effectively increase the bandwidth and extend existing copper plant beyond current technologies. Cupria™ adheres to the framework established by the IPSL™ SIG, is optimized for today’s Internet Protocol-based networks and is ideal for high bandwidth, high quality-driven applications such as Internet protocol television over existing copper networks.
Canby Telcom is a communications cooperative that provides voice, high-speed Internet, television and video-on-demand services to its members in the Canby, Oregon area. Canby is approximately 25 miles from Portland and has always been an innovator in providing its customers state-of-the-art services over its networks. The most recent example of Canby’s innovation is its well regarded IPTV service.
“Rim Semiconductor’s technology promises to help provide the bandwidth necessary to serve our customers with multiple high-definition television channels, digital video recording (DVR), a faster high-speed Internet product, and future IP centric services,” stated Gene de Vore, Manager, Information Technology for Canby Telcom. “We look forward to working with Rim Semiconductor to evaluate and understand how IPSL technology can help us increase our bandwidth and enhance our quality of service.”
“Canby Telcom has a long history of developing and implementing new concepts and products to ensure that their customers and community remain competitive with urban and international locales,” stated Brad Ketch, president and chief executive officer of Rim Semiconductor. “We are proud to have Canby Telcom participate with us in demonstrating Cupria’s™ superior performance.”
Me too just added more...volume is screaming....
This is one our future resource -Its Time has Arrived!
BIODIESEL
On The Road To Fueling The Future
Biodiesel is the name of a clean burning alternative fuel produced
from domestic, renewable resources.
Biodiesel is the pure, or 100 percent, biodiesel fuel. It is referred
to as B100 or "neat" biodiesel.
A biodiesel blend is pure biodiesel blended with petrodiesel.
Biodiesel blends are referred to as Bxx. The xx indicates the
amount of biodiesel in the blend (i.e., a B20 blend is 20 percent
by volume biodiesel and 80 percent by volume petrodiesel).
Biodiesel is simple to use, biodegradable, nontoxic, and essentially
free of sulfur and aromatics. It significantly reduces emissions
such as carbon monoxide, unburned hydrocarbons and particulate
matter.
It can be used in compression-ignition (diesel) engines with no
major modifications.
Biodiesel is the first alternative fuel to have fully completed the
health effects testing requirements of the Clean Air Act.
In general, the standard storage and handling procedures used
for petroleum diesel can be used for biodiesel.
Hundreds of major fleets use biodiesel, including all branches of the
US military, Yellowstone National Park, NASA, several state
departments of transportation, major public utility fleets, and
school districts. The largest user of diesel fuel in the world, the
US Navy, provided guidance for all Navy and Marine stations,
saying B20 should be used where adequate fuel tanks are available.
Indicators Are Green!
Go DPDW.............
PDW - DEEP DOWN INC. (OTCBB)
Date Open High Low Last Change Volume % Change
10/10/07 1.7400 1.7700 1.4300 1.4500 -0.2500 646200 -14.71%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy
20-Day Average Volume - 371095
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 246552
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 190950
Overall Average: 96% - Buy
Company is not dumping shares...as a matter of fact they have bought back millions in the past two years.
During start up time they issued cheap shares to two funds for a total of approx 9 million shares. They are down perhaps to a few million which is good news.
This is a money machine generating monthly profit in the millions so with these lows prices I think it would be smart to add to your position or at least take a position!
In a letter I sent to the CEO was to communicate better with its shareholders and I can say I think they got the message!
There is more to come here so buckle up!
Investor 100
Indicators are Positive Despite Todays Results!
DPDW - DEEP DOWN INC. (OTCBB)
Date Open High Low Last Change Volume % Change
10/10/07 1.7400 1.7700 1.4300 1.4500 -0.2500 646246 -14.71%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy
20-Day Average Volume - 371097
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 246553
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 190950
Overall Average: 96% - Buy
Price Support Pivot Point Resistance
1.4500 1.2100 1.5500 1.8900
Thanks Brikk: Finally had a chance to get in today!
Its very tight so slapping the ask for more shares...n time for flippers!
GLTA
Investor 100
Positive Indicators!
DPDW - DEEP DOWN INC. (OTCBB)
Date Open High Low Last Change Volume % Change
10/09/07 1.5900 1.7500 1.5000 1.7000 +0.2000 617200 +13.33%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 343290
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 236932
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 186634
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
1.7000 1.4000 1.6500 1.9000
This is the best news in the latest press release that makes this potential stock very bullish in weeks and months ahead.
Fourth quarter number shall be interesting!
Investor 100
I took you suggestion way back Brikk and have been adding since it broke $1.00....great day without news...which we know is coming...Go DPDW!
(by Datamonitor) The value of the US oil well services and equipment market in 2006 was approximately $23 billion, representing 18% of the global value, which has shown a compound annual growth rate (CAGR) of approximately 13% since 2002.
Manufacture of oil rigs and drilling equipment remains the most lucrative segment of the market, constituting 30% of its value; drilling-related services generated a further 19%; formation and evaluation comprised 15% of market value, with well completions representing 6%.
Oil companies are attempting to exploit domestic reserves to their fullest potential, boosting demand for equipment and services providers. Tapping new reserves is more lucrative for services and equipment manufacturers than development of already-tapped reserves. Energy companies are both exploring potential sites overseas and developing domestic reserves, streamlining their infrastructure by selectively decommissioning and upgrading pipelines. Furthermore, the destruction of Gulf Coast infrastructure during various hurricanes (especially Katrina in 2005), has also created a short-term demand for replacement equipment.
Leading companies include Plains All-American Pipeline, Halliburton, Schlumberger, and TEPPCO. In response to industry demand, the continuous development of efficient technologies is paramount within the services and equipments of oil wells. Companies are also expanding inorganically through M&A activity to maximize their product portfolio and geographical coverage. In order to preserve margins, companies are selecting contracts that promise high returns on outgoings. This has increasingly meant that companies have sought to expand their operations outside the domestic market.
New Exploration
American regions planned for development in 2006 include Texas, the Gulf Coast, and Canada. These will provide opportunities for exploratory drilling. Also, further afield, Russia is developing rapidly in oil exploration and thus further creating and necessitating heavy expenditure by oil and gas companies on equipment and supplies, as expenditure on equipment is more extensive for newly tapped reserves than for heavily developed ones.
Inclement Weather
In deepwater situations, equipment is frequently damaged: hurricane Katrina in 2005 caused major damage to rigs and equipment in the Gulf Coast, including at least five rigs that had to be completely scrapped. The replacement and restoration required have necessitated extensive capital outlay, benefiting the oil well services and equipment industry.
Shutdown of Under-Utilized Pipelines
Companies are decommissioning under-utilized and non-profitable pipelines to concentrate their resources on improving the remaining pipelines. This has created a short-term boost for companies offering decommissioning services.
Significant Trends / Improved Technology
Companies are constantly investing in the development of efficient technology, maximizing oil and gas extraction and optimizing revenues. These new technologies can be marketed at premium prices, and have driven revenue growth in recent years.
Mergers and Acquisitions
The market is continuing to consolidate. Through merger and acquisition activity, companies have sought to increase revenues inorganically by operating in overseas markets, limiting their exposure to fluctuations in the US market.
Selective Strategies
Due to the strength of their market position, the larger players have adopted selective strategies when bidding for contracts: favoring high margin/low risk options. In contrast, many of the smaller players have been forced to take higher risks for relatively lower margins, because of their inability to compete with the industry giants.
The value of the global oil and gas equipment and services market is deemed to be the revenues accrued by the manufacturers of equipment, including drilling rigs and equipment and providers of supplies and services to companies involved in the drilling, evaluation and completion of oil and gas wells.
Good Morning: Indicators Are Green!
DPDW - DEEP DOWN INC. (OTCBB)
Date Open High Low Last Change Volume % Change
10/08/07 1.4100 1.5500 1.3300 1.5000 +0.1500 435000 +11.11%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 318750
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 227242
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 181199
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
1.5000 1.2400 1.4600 1.6800
Commerce Planet Announces a Patent Pending for MyOnlineChat.com™
Technology Offering Expected to Increase Company’s B2B Business
GOLETA, Calif.--(BUSINESS WIRE)--Commerce Planet, Inc. (OTCBB:CPNE) today announced that it has a patent pending, application number 11/868,938, with the United States Patent and Trademark Office for its MyOnlineChat.com™ technology.
“As a technology-driven company, our patent pending for this technology underscores our commitment to safeguarding the value of our expanding proprietary systems and technologies,” said Michael Hill, CEO. “Developed by our in-house team of programmers to convert non-buyer exit traffic into products sales, MyChatOnline.com is a great example of how we continue to augment our existing B2B product offering to provide new and existing customers with best-in-class tools.”
Originally made available to Commerce Planet’s customers in late 2006, MyOnlineChat.com (www.MyOnlineChat.com) is a real time live chat system that utilizes artificial intelligence to incorporate intelligent responses on a key word basis. The system is designed as an up-selling and cross-selling tool to increase per ticket transactions and conversion rates, and decrease Shopping Cart abandonment rates. MyOnlineChat.com is highly configurable and provides Commerce Planet’s B2B customers with a virtual salesperson available 24/7 to present offers, incentives, promotions and information at critical moments during the customer’s visit.
Mr. Hill continued, “As we continue to transform Commerce Planet into a pure online media and technology company we remain focused on developing technologies that can be fully integrated into existing, and future platforms. We believe our continued innovation and focus on business-building tools for our customers will help ensure our leadership position in the B2B space.”
About Commerce Planet, Inc.
Commerce Planet, Inc. is an internet-based media company that offers online media products, lead generation services and direct marketing tools to its client partners. Commerce Planet offers an internet turnkey media solution through its network of wholly owned subsidiaries, which includes Consumer Loyalty Group, LLC, Legacy Media, LLC, OS Imaging, LLC and Interaccurate, LLC. In combination these services are designed to address the needs of client partners, including membership loyalty programs, direct response consumer marketing, affiliate list management, email deployment, live chat software-based services, direct phone sales and customer service, and printing services. To find out more about Commerce Planet (OTCBB:CPNE), visit our website at http://www.commerceplanet.com.