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Has anyone here unloaded?
Is the market cap on Yahoo! correct? It says the market cap is 53 million.
No BS here. Just buying in the 2's, thats all. Sorry if you weren't able to get in at this level. Better luck next time.
-faz
2's are cheap today! Loadin' up!
Lift off!!! Here we go!
.75 x .77
-faz
204,428 hares traded in the first 45 minutes! Nice volume!
Let's see those 74's get tapped!
-faz
I own a nice chunk of SLB and it has helped me sleep through the last 7 years. DPDW is my next largest position and I feel great about it.
L2's just had a mjor shakeup and now the .71's are stacking on the bid.
-faz
All the oil services are in liftoff mode right now. SLB up almost 2% in the last 20 minutes.
-faz
Thanks. Really anything at these levels is going to pay off spades in the long run.
-faz
Got another 4500 @ .68. Thanks for the cheap shares!!
-faz
Not sure. Can't imagine anyone. Maybe he is going to have AUMN buy it and then tell everyone that wait a second, AUMN didn't actually buy it, but rather that he bought it so everyone loses out.
Maybe he is paying his lawyer in RUSL shares.
-faz
maybe that is why there is no trading right now, the brokerages are still trying to figure out what the heck this poor excuse of a man is doing to the share structure.
LOL!
-faz
Thanks Clay!!!! Looking forward to tomorrow!
-faz
good stuff m!! That is hilarious!
-faz
True.
I wonder how fast the PPS is going to fall when everyone starts to bail. I have written off all my shares anyway. I just wish this happened last year so I could have sold for a tax loss in 2007.
-faz
Remember this? Hahaha!!
Tuesday, November 06 2007 6:59 AM, EST Business Wire
HOUSTON --(BUSINESS WIRE)--
Russell Industries, Inc. (Pink Sheets:RSDS), announces that its Board of Directors has decided that it will not ask its shareholders to vote for a reverse split in 2007. "The Board and Management feel that the present price per share of RSDS is not reflective of the Company's assets and potential. If there is little to no improvement during the remainder of the year, the Company will recommend that this action be put to a vote sometime during the first quarter of 2008," said Rick Berman, President and CEO.
Guess the board...errr...Berman put it to a vote and didn't bother to tell the investors.
By the way, is that even legal? Can he do an R/S without announcing it?
-faz
I can't wait to sell and get this out of my account. What a joke Berman is.
I can't believe at one point people, including myself, who actually thought he was credible and was looking out for the shareholders.
Lesson Learned!
-faz
Nice!!
I like their scrolling image!
-faz
Friday, February 29, 2008
Hillary: "We've Got Two Wars. We've Got To End One, We've Got To Win The Other." [Byron York]
Hillary Clinton put her views of the wars in Iraq and Afghanistan in pretty stark perspective during an appearance in Belpre, Ohio Wednesday night:
We're going to inherit so many challenges from President Bush. When you think about it, we have two wars, not one. We don't talk about Afghanistan enough. We've got two wars. We've got to end one, we've got to win the other.
Why not try to win both? There's simply no military solution in Iraq, she said. But when it came to Afghanistan, she sounded tougher than anybody:
We have a war against al Qaeda and the Taliban who attacked us. And the masterminds of that attack are still at large. And we're not winning, and I don't think we can let that situation continue. We have to put our best resources in against those who attacked the United States. No one can attack us with impunity. They have to be brought to justice, and that means wiping them out, because until we do, we will remain at risk.
http://corner.nationalreview.com/post/?q=NTBhYzNiNDVhZTYxZmNlZDIzMjhmYjQ5MDUwZWFlYzI=
- My question is this: Did the Taliban attack us on 9/11? I don't think so. Also, haven't we told the world that no one can attack us with impunity? The only thing I see is that the Libs fail to recognize that you don't end wars. You either win them or you lose them. There is no other way to end a war!
-faz
Great quote from the Engineering Services page:
http://www.deepdowninc.com/WebPages/SvcEngineer.htm
"DDI is unique in the industry as we are hired by the controls and umbilical manufacturers, installation contractors, and operators to help ensure smooth progression of each project. The experience that our engineers gain from this level of interaction provides us with a practical level of "hands on experience" that has proven indispensable in our ability to offer solutions to the many subsea and topsides problems that are encountered daily."
-faz
Praise for DDI!!!
From the References page on the new website:
http://www.deepdowninc.com/WebPages/References.html
Shell Offshore Inc.
Kvaerner FSSL, Inc., DK Peart - Project Manager - Subsea Systems
DC McLaughlin - Popey Project Team Leader
"...The wells and production system have demonstrated the capability to exceed our design goals. The Popeye Project, besides being a financial and technical success, represents a stepping stone to SOI's deepwater subsea vision and strategy."
BP America Inc., Sam Penny - King Development - Lead Subsea Engineer
"...your company performed this work safely and without any HSE incidents of any kind. This performance is a reflection of your team's competence, experience, training, and dedication to always doing a good job and doing it safely."
BP Exploration & Production, Sam Penny - King West - Project Manager
"... DDI successfully supplied all the hardware to terminate and splice together two spare umbilical sections into a composite umbilical. This innovation was a major cost savings and schedule improvement to the project that enabled the King West project team to start-up the well 7 weeks ahead of our sanction promise"
"...DDI also developed the Morey flying lead system and supplied all hydraulic and steel tube chemical flying leads for this project. This technology has contributed to the initial technical success of the project."
Cameron, Harry Underland - Erha Project Director
"...the DDI facility has conducted its work in an extra ordinary manner resulting in a remarkable safety achievement. Since the start of the project, the project has recorded no loss time injuries, illness, or environmental incidents."
Gotta love it!!
-faz
LOL! 1.2 mil right around the corner...can we get to 1.5 mil?
27,779 away from 1.2 million shares traded!
LOL!
25k on the ASK!!!
I think she might just be ready for the next move!
-faz
Congratz to all who averaged down!!!
I am now looking for long term growth not only in PPS, but the company itself.
-faz
90k print on the ASK!!!
Coming up on 800k traded!
Couple of 50ks went though!
-faz
Loads of movement by the MMs on the ask.
20k @.728!!
-faz
10k @ .72!!!
BAMMM!
That's terrible dude! But funny!!!! LOL!
The bigger they are, the harder they fall!
-faz
See ya later .65's....yep, they just got crushed....now up....66's and they are getting beat like a red-headed step child.
Gonzo! Now the .67's are up!
Action is happening too fast...ooops! .67's are getting steam rolled!
-faz
Is it really a surprise anymore???
Candidates Fail Energy Independence Test
Thursday, February 28, 2008
By Steven Milloy
http://www.junkscience.com/ByTheJunkman/20080228.html
All the presidential candidates say they’re for energy independence. So why didn’t they do something about it when they had the chance?
Hillary Clinton rails on her web site about Americans sending “billion of dollars to the Middle East for their oil.” Barack Obama warns that Middle East oil is the “lifeline of Al Qaeda.” Republican hopeful John McCain says that, if elected, his energy policy will “amount to a declaration of independence from our reliance on oil sheiks and our vulnerability to their troubled politics.”
But Clinton and Obama recently voted for a bill that can only promote dependency on oil from the Middle East . And John McCain, went AWOL, not voting on the bill at all.
A little-noticed provision of the ironically-named “Energy Independence and Security Act of 2007” that was passed by Congress and signed into law by President Bush last December bars the federal government from purchasing fuels whose lifecycle greenhouse gas emissions are greater than those from fuels produced from convention petroleum sources.
Before we get into the energy independence implications of this provision, it’s worth appreciating the obscurity of the provision and the fact that the media doesn’t seem to understand its import.
I only learned of the provision while thumbing through the Feb. 15 Financial Times, serendipitously noticing the egregiously mis-titled article, “US risks trade dispute with Canada on fuel.” A bit of research turned up no other media reports relating to this particular section of the bill.
The Financial Times article reported on how section 526 of the energy bill prohibits the federal government from buying oil that was produced from Canadian tar sands -- a reserve that holds about two-thirds the amount of recoverable oil as compared to reserves in Saudi Arabia.
Because it takes greenhouse gas-producing energy to extract oil from the tar sands, the article focused on the fact that the law could affect billions of dollars of trade in oil, particularly since the U.S. Department of Defense is the world’s largest single buyer of light refined petroleum.
But while I give the Financial Times credit for reporting this story, it really dropped the ball with respect to understanding it -- this is yet another effort by environmentalists and their congressional henchmen to cause chaos in our energy supply.
Sure enough, it turns out that Rep. Henry Waxman (D-CA) and Rep. Tom Davis (R-VA) are already pressing the Department of Defense to comply with the provision. In a recent letter to the Secretary of Defense, Waxman and Davis asked how the DOD will ensure that the fuel it buys doesn’t come from Canadian tar sands or from domestic coal-to-liquid processing.
Waxman and Davis apparently expect the military to expend the Herculean effort of tracing the source of the fuel it purchases and then to refuse North American oil from unconventional sources apparently in favor of oil from OPEC sources like Saudi Arabia and Venezuela . How’s that for energy independence and security?
It gets worse if you’re one of those who believe that biofuels are the path to energy independence.
The plain language of section 526 would also seem to ban the federal government from purchasing biofuels like ethanol, since their lifecycle greenhouse gas emissions are greater than that of conventional petroleum.
“Turning native ecosystems into “farms” for biofuel crops causes major carbon emissions that worsen the global warming that biofuels are meant to mitigate,” researchers from the University of Minnesota and the Nature Conservancy reported in Science (Feb. 7). Another study in the same issue of Science projected that the lifecycle greenhouse gas emission from ethanol over 30 years are twice as high as from regular gasoline.
Interestingly, Reps. Waxman and Davis specifically excluded biofuels from their letter to the DOD. Not to worry, though, biofuels will likely soon become fuel-non-grata as the environmentalists have already started to demonize them.
Similar to the case of compact fluorescent lightbulbs discussed in this column last week, the New York Times editorial page this week signaled that biofuels will soon become as politically incorrect as the Canadian tar sands and domestic coal-to-liquid fuels.
The Times opined that, “Done right, ethanol could help wean the country from its dependence on foreign oil while reducing the emissions that contribute to climate change. Done wrong, ethanol could wreak havoc on the environment while increasing greenhouse gases.”
“Done right” for the Times is what’s required in the energy bill -- a 20 percent reduction in lifecycle greenhouse gases as compared to gasoline. But of course this is a next-to-impossible goal since the lifecycle greenhouse gas emissions for ethanol currently are projected to be 100 percent greater than for gasoline.
It will likely require nothing short of technological miracle for ethanol to achieve the energy bill’s standards in the near, or even, distant future.
Now, if the federal government is barred from bio-, tar sand, coal-to-liquid fuels, how long will it be before such a ban spreads to contractors that do business with the federal government, to states and their contractors, and then, by default, to the nation as a whole?
It’s hard to take the presidential candidates, President Bush and Congress too seriously on the energy independence issue when none of them opposed a bill that actually makes us more dependent on OPEC.
Blood is officially shooting out of my eyes after reading this!!
-faz
.63's got crushed!
.64's on deck!!!
-faz
After the DR raised the EPS estimates, this is looking like an even more attractive price.
I have a feeling that there may be a lot of people on the sidelines who are just waiting to see if this can snap out of the downtrend it has been in.
-faz
5x3 .56 x .58
Nice base on the bid. Just need to move into the .60's and leave these 50's behind.
spooky,
I agree a lot. However, I think they still have a few bugs to work out on the links side of things.
As for the look of it, I agree that it doesn't look as professional as the Electrowave site
http://www.electrowaveusa.com/index.html
I wish they went with something a little more like that. However, it does give a whole bunch of info that the other one didn't.
Maybe we will see several iterations of the site over the nxt few days/weeks.
-faz