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apparently, people rather listen to the DD specialists than what makes common sense.
big boys selling a TON of shares = NOT GOOD
my god, 5 holders are selling shares equal to 85% of the volume seen in the WHOLE MONTH OF JANUARY! I THINK THAT PUTS A LITTLE PRESSURE ON THE STOCK!
strong volume today. if we break through the .65s and close at .68+ we'll have an important bullish engulfing pattern
DPDW watch for the reversal -- volume is huge so far today on yesterday's news
DPDW put their cameras back up that give u 6 different angles on the job site.
big news for DPDW today late in the day as well and the stock didn't have enough time to react.
WATCH THIS ONE FOR TOMORROW!
DPDW put their cameras back up that give u 6 different angles on the job site.
big news for DPDW today late in the day as well and the stock didn't have enough time to react.
WATCH THIS ONE FOR TOMORROW!
DPDW put their cameras back up that give u 6 different angles on the job site.
big news for DPDW today late in the day and the stock didn't have enough time to react.
WATCH THIS ONE FOR TOMORROW!
this is big. i guarantee this will get a lot of buzz.
good luck
to be honest, i think this job could be in better hands than mine.
nice news
stock not reacting as usual
DPDW awesome news!
Deep Down Ships Proteus Active Heave Compensation Unit
Thursday February 7, 3:22 pm ET
HOUSTON, Feb. 7 /PRNewswire-FirstCall/ -- Deep Down, Inc. (OTC Bulletin Board: DPDW - News) announced today that it has delivered a Proteus(TM) Active Heave Compensation Unit to Schlumberger for deployment in waters outside the Gulf of Mexico.
The Proteus system is designed to maintain vertical displacement of a subsea payload to within six-tenths of an inch even if the surface deployment vessel, or ship, is experiencing a heave of up to 30 feet. The control system monitors these vertical motions and compensates by releasing and retrieving the main winch to keep the payload essentially still. After extensive testing, Deep Down has further enhanced the performance of its Proteus system and added an additional roller guide option for extremely smooth operation. The mathematical algorithm embedded in the software has also been improved to allow the system to respond to changes in a ship's vertical motion within 0.5 milliseconds.
In addition to new stand-alone Proteus systems, Deep Down has the ability to deliver in-line active heave compensation systems that can be retrofitted to existing winches, thereby adding active heave capabilities to an existing infrastructure. This ability allows prospective customers to preserve their capital investment in existing winches and substantially reduces the cost of adding this increasingly important capability.
"Our Proteus design continues to exceed customer specifications. We are now capable of producing Proteus systems on a mass production level. In addition to the original vertical design for lighter load applications, we can also deliver a horizontal, scaled up, higher tension version of our active heave compensation system to augment Abandon and Retrieval winches in the 50-100 ton range. We envision these Proteus units selling from $500,000 for the smaller units up to $1.5 million each for the larger applications," says Ronald E. Smith, Deep Down's President & CEO.
"Our design uses no motors or gear boxes, and we can, therefore, deliver Proteus units very quickly. Proteus units can be added to an installation contractor's list of deepwater equipment to enhance their overall installation capabilities. Since we are not impacted by the long delivery times that exist for motors and gear boxes, an installation contractor can add a Proteus unit to their inventory for use in soon to be initiated installation campaigns," concluded Smith.
DPDW NEWS
Deep Down Ships Proteus Active Heave Compensation Unit
Thursday February 7, 3:22 pm ET
HOUSTON, Feb. 7 /PRNewswire-FirstCall/ -- Deep Down, Inc. (OTC Bulletin Board: DPDW - News) announced today that it has delivered a Proteus(TM) Active Heave Compensation Unit to Schlumberger for deployment in waters outside the Gulf of Mexico.
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The Proteus system is designed to maintain vertical displacement of a subsea payload to within six-tenths of an inch even if the surface deployment vessel, or ship, is experiencing a heave of up to 30 feet. The control system monitors these vertical motions and compensates by releasing and retrieving the main winch to keep the payload essentially still. After extensive testing, Deep Down has further enhanced the performance of its Proteus system and added an additional roller guide option for extremely smooth operation. The mathematical algorithm embedded in the software has also been improved to allow the system to respond to changes in a ship's vertical motion within 0.5 milliseconds.
In addition to new stand-alone Proteus systems, Deep Down has the ability to deliver in-line active heave compensation systems that can be retrofitted to existing winches, thereby adding active heave capabilities to an existing infrastructure. This ability allows prospective customers to preserve their capital investment in existing winches and substantially reduces the cost of adding this increasingly important capability.
"Our Proteus design continues to exceed customer specifications. We are now capable of producing Proteus systems on a mass production level. In addition to the original vertical design for lighter load applications, we can also deliver a horizontal, scaled up, higher tension version of our active heave compensation system to augment Abandon and Retrieval winches in the 50-100 ton range. We envision these Proteus units selling from $500,000 for the smaller units up to $1.5 million each for the larger applications," says Ronald E. Smith, Deep Down's President & CEO.
"Our design uses no motors or gear boxes, and we can, therefore, deliver Proteus units very quickly. Proteus units can be added to an installation contractor's list of deepwater equipment to enhance their overall installation capabilities. Since we are not impacted by the long delivery times that exist for motors and gear boxes, an installation contractor can add a Proteus unit to their inventory for use in soon to be initiated installation campaigns," concluded Smith.
k. didnt read that. i edited my msg.
person mark added
so how are they going to PR this awesome news?
the PR is going to be the huge catalyst that propels this stock sky-high.
a nevada SOS update might do something.. but its not going to be substantial at all compared to what a PR can do.
am i missing something here or did i pretty much nail it on the head?
DPDW Insider Transactions:
January 7, 2008 Whittley, Ray
Other Planned Sale -- $440.0K 440,000.00 -- - -- --
January 3, 2008 Ritz, Daniel Lee Jr
Other Planned Sale -- $250.0K 250,000.00 -- - -- --
December 31, 2007 Greene, Edward E
Other Planned Sale -- $200.0K 200,000.00 -- - -- --
December 27, 2007 Laird, Otis jr
Other Planned Sale -- $100.0K 100,000.00 -- - -- --
December 17, 2007 Ritz, Daniel Lee Jr
Other Planned Sale -- $226.4K 213,592.00 -- - -- --
December 14, 2007 Siedhoff, John Christopher
Other Planned Sale -- $939.6K 783,024.00
As others have already stated here on this board, all these people have to meet certain SEC criteria and sell their shares within a short time period - i think we have already seen most of this selling happen already, but undoubtably there is still more to come. Once these transactions complete, their information and relation to the company will be available on the SEC website.
There is another link that may have their relation to the company that I will look for tomorrow and post here.
thanks
from my experience, R/M irrefutably have the higher ROI compared to acquisitions.
even though its hard to gauge at this point, do you have any ideas on the type of return we'll see here, i.e. acquisition vs merger and which would have a bigger ROI?
"the way i read your post dfall --is that you want someone to convince you why you should hold deep down so that you are not convicted by your own guilt for doing something you now regret--so what i will tell you is your right deep down is a big ole P.O.S. and you should sell as soon as possible -"
you actually have part of it right. but i don't care about guilt or regret or feelings and i have sold most of my position when we couldnt break and hold the 8s on what looked like to be a nice reversal.
but, for the sake of the shares i still own, how about someone here does present a convincing argument why i should buy more and hold the ones i already own.. one that meets the criterion i presented in my last post.
and if all you can tell me is to sell my shares, then you're on the wrong side of the trade as well.
so was AECS merged or acquired?
"This month the tide will turn for good...just a matter of time now 'til the company unleashes their next round of developments cheers!"
boy have i heard that one before.
this company cannot overcome the insanely high costs of their equipment and the insider sells / share price reflect that.
when should we expect their next quarterly earnings?
news? where have you been? just look at how many PRs, "positive PRs" i should say, we have had in the past 2 months.
where have we been drifiting in the past 2 months?
DOWN 70% FROM THE HIGHS
im pretty sure everyone is missing the obvious, except for one or two posters.
1.) insiders selling a ton of shares. chev and dood think they resolved this situation and came up with some really good DD about it, but the selling is really weighing down on the share price. also, what if these insiders are still with the company and not ex-directors?
2.) the cost of producing this equipment HAS to be tremendous. i dont care what anyone says about their margins or profits, but i personally think that DPDW is increasing revenues at the expense of profits. just do some DD on how much this equipment costs, its ridiculous.
no i got in and out at 1.05
i was hoping for a bounce, but got stabilization instead.
im with you on that one, im waiting for it to go lower
epcc bottom!
AECS R/M!?
HUGE volume
50k+ hitting the tape in just the past 10 minutes
so lest play a fun guessing game - how high do you think this will spike?
watch for the EPCC bounce - very oversold and due for a big bounce
bid/ask upticking big right now.
EPCC holding same levels as yesterday - had a nice spike to 1.20 (of course it has a huge spread tho).
look for EPCC to bounce or stabilize sometime soon -still extremely oversold.
so what does this mean for a R/M possibility?
awesome day
strong volume
EPCC sorry.
watch ECCP for tomorrow - way oversold + should bounce nicely this week
any indicators to why u say that?
EPCC bid uptick
EPCC bid upticking
EPCC - WAY oversold
due for a huge bounce.
just got in.
EPCC extremely oversold - look for a huge bounce
EPCC - due for a HUGE bounce
way oversold.
EPCC way oversold, trading below bottom bollinger band, stochastics showing extremely oversold signal
expect this to to have a MASSIVE bounce.