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Now, please hold on to make some great profit :))
It seems that the larger float is much better than the smaller one in terms of trading-we don't see that big gap (.05-.10 cents) between bid and ask. Also we are getting great volume lately.
I guess that the filings yesterday served to boost the confidence.
Welcome back DPDW-this beautiful trading action was badly missed. I can finally have a weekend with a wide smile-I am afraid to swallow my ears :).
Links are there, but not in the best place
http://www.deepdowninc.com/WebPages/Contact.html
Growing at a very respected pace.
Q. What is the size of DPDW's work force?
A. After the recent 2007 ElectroWave USA acquisition, and the 2008 Mako Technologies acquisition, DPDW now fileds a workforce of approximately 95 engineers, technicians, machinists, welders, mechanics, and many other professionals in a variety of fields, to provide the most reliable and innovative subsea and deepwater offshore solutions available.
I love this part of the web site, very happy and satisfied customers (look at the names)
REFERENCES
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."
62,000 block, are you kidding me?-for real?
Yes, every day we are getting closer to get over with this thing. Better now than later when real developments kick in. Hopefully by then, nothing will stop the train, or should I say the plane ;)
Float is now 18754451, please someone else confirm.
I am not sure about the OS, did not hear her correctly.
From Steve
XXXXX
I believe the downtrend stopped Friday afternoon after investors, convinced there would be a huge sell-off because of the new 144 rules, realized that there, in fact, was no sell-off and took advantage of the lower PPS to "get back in."
I can unequivocally say that everything is GREAT! No problems at the company, in fact, I can't wait for the upcoming 10-K it will prove what we have been saying all along, investors are the ones trading and causing the stock price to fluctuate wildly, in this low float stock, while the company only continues to grow.
Hope to speak with you soon regarding the 2007 results.
Best regards,
--Steve Haag
investor relations
Deep Down, Inc. (OTCBB: DPDW)
ir@deepdowninc.com
281-862-2201 (O)
281-862-2522 (F)
These are simply my personal comments, and should not be relied upon in your investment decisions. I strongly urge you to conduct your own due diligence with regard to any investment in Deep Down, Inc. I respectfully refer you to Deep Down's filings with the United States Securities and Exchange Commission.
Great post Joe and excellent DD addition to the best board trend IMO.
People, our moderator deserves much more recoginition and each one is invited to show appreciation to Joe by member marking him, I did long ago. This is the least we can do to thank him IMO.
Congratualtions Joe, I would not think of a better modertaor.
Let us keep it up and present our company the best way we can as long as they keep up the superb work.
Brikk,
Your work and dedication is much appreciated, this is the best board in iHUB IMO.
I have no doubt that the company will prosper in due time and the PPS will follow. By then, I am sure that we will hear you loud and cheering again.
Best wishes to you and yours.
Thanks for sharing Tom. I respect your attitude despite your frustrations, you are a believer.
Here is your member mark:)
Hey sulphur, your cameras are back again. I am very excited to see everything is coming back to normal. This company is listening to us and respecting us big deal.
Things are heating up now in a fast pace.I hope that everyone took/is taking the opportunity of this end of season crazy sale.
After all those e-mails we read today,and the amount of bullish PR lately,I don't see how this can stay here for long. We should never forget about the general market condition.
Patience will be rewarded.
From Steve, enjoy everyone :)
XXXX:
Good to hear from you!
Yes, not only is the OS share count not much higher that one year ago, the company has more than doubled its revenues and even more telling, its EBITDA. I have not seen many company pull off a doubling in EBITDA while not increasing its OS share count.
First the ex-directors have a limited supply of stock. I can't predict their actions and have no control over their behavior.
With that said, it is still me firm belief that building a large company such as DPDW, with the immense growth in just one year bode well for all investors in the long run. Eventually the "Street" gets is right and most company will level off at a realistic level. Add to the company performance the real possibility of uplifting at some point and these prices become a buying opportunity for the stock savvy shareholders.
The company is sensitive to the fact that one former Insider has shares to sell, but they are still covered under rule 144 and they can only sell about 800,000 in any quarter.
The company's plan is, building a very large company through organic growth and merger and acquisition, perform investor relation activities such as continuing to meet with institutional investors, doing road shows, and providing me with 110% support of my investor relations activities to get the word out about DPDW to new audiences.
The company knows where it is headed in three to five years and is not governing its actions based on temporary fluctuations in the market at any given time. Essentially, they are building a stellar company, and the stock price, we firmly believe, WILL follow.
I look forward to reviewing the 10-K with our shareholders, as I think it is proof positive that the company is, and will continue to be, very successful, and that success will translate into shareholder value.
I look forward to hearing from you again.
Regards,
--Steve Haag
investor relations
Deep Down, Inc. (OTCBB: DPDW)
ir@deepdowninc.com
281-862-2201 (O)
281-862-2522 (F)
These are simply my personal comments, and should not be relied upon in your investment decisions. I strongly urge you to conduct your own due diligence with regard to any investment in Deep Down, Inc. I respectfully refer you to Deep Down's filings with the United States Securities and Exchange Commission.
--------------------------------------------------------------------------------
From
Much appreciated jdsgungho, I marked you long ago. Great board indeed, but there are reasons for that as we have a very successful and transparent company here with exceptional management, all of which are encouraging us to continue our support to our beloved company. I have no doubt that this company will prosper and we will be enjoying soon enough.
Sorry for being late Sage, here is your member mark, well deserved :)
Those top notch people with outstanding experience and resume won't associate themselves with anything unless they are certain about the potential and quality.
Good Omen
AP
Schlumberger 4Q Profit Rises
Friday January 18, 6:59 am ET
By John Porretto, AP Business Writer
Schlumberger 4th-Quarter Profit Climbs 22 Percent on International Demand
HOUSTON (AP) -- Oilfield services company Schlumberger Ltd. said Friday net profit rose 22 percent in the fourth quarter, driven by demand in the Eastern Hemisphere and Latin America.
Schlumberger reported a net profit of $1.38 billion, or $1.12 per share, compared to a year-earlier profit of $1.13 billion, or 92 cents per share. Revenue rose to $6.25 billion from $5.35 billion a year earlier.
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Analysts surveyed by Thomson Financial on average expected quarterly profit of $1.13 per share on revenue of $6.14 billion.
For the future, though, Schlumberger was cautious.
"Shorter-term growth presents a more complex picture than the immediate past," Schlumberger chairman and chief executive Andrew Gould said in a statement.
The company said lower pricing in U.S. land operations and seasonal weather factors contributed to less-than-satisfactory margins in the fourth quarter. It also noted that absent any severe weather for the remainder of winter, natural gas drilling is not expected to vary greatly from recent levels.
On a positive note, the company said land activity outside North America is expected to remain strong, as is global seismic exploration.
"Within this context, technology that assists our customers in mitigating risk in exploration and development projects, increasing recovery factors and improving operational efficiency will remain at a premium," Gould said.
Schlumberger, which helps oil and natural gas companies extract hydrocarbons through a variety of services, equipment and expertise, has benefited in recent quarters from strong demand because of high oil prices, which reached $100 a barrel last month. Its stock price rose more than 50 percent last year.
But the stock has dipped of late, along with others in the sector, amid fears a slowing economy could diminish demand for oil.
The American Petroleum Institute said Thursday that domestic demand for oil was unchanged in 2007 at 20.7 million barrels a day, but slipped 0.4 percent in the fourth quarter. The trade group said consumers appear to be responding to higher fuel prices.
Schlumberger was the first big oil-sector company to report earns, and industry observers were eager for its results.
For all of 2007, Schlumberger said net income rose to $5.18 billion, or $4.20 a share, versus $3.71 billion, or $3.01 a share, in 2006. Revenue increased to $23.3 billion from $19.2 billion a year ago.
AP Business Writer Ben Berkowitz in New York contributed to this stroy
Crude Oil Advances as Qatar Says OPEC Unable to Control Prices
By Grant Smith and Nesa Subrahmaniyan
Jan. 14 (Bloomberg) -- Crude oil rose for the first time in four days after Qatar's Energy Minister Abdullah al-Attiyah said OPEC is unable to temper near-record prices.
OPEC, which pumps more than 40 percent of the world's oil, will meet on Feb. 1 in Vienna for the first time since oil prices exceeded $100 a barrel. U.S. President George W. Bush yesterday warned Arab allies of the dangers posed by neighboring Iran, OPEC's second-biggest oil producer and exporter.
``OPEC believes that even though crude-oil supply is tight, there's no need for them to release extra barrels,'' said Robert Laughlin, a senior broker at MF Global Ltd. in London. ``Geopolitical concerns are being stoked by President Bush's hardline talk against Iran and increasing violence in Nigeria.''
Crude oil for February delivery rose as much as 57 cents, or 0.6 percent, to $93.26 a barrel in electronic trading on the New York Mercantile Exchange. The contract traded at $92.98 at 11:44 a.m. London time. Prices are down 6.8 percent from the record $100.09 reached on Jan. 3.
Brent crude for February settlement gained as much as 85 cents, or 0.9 percent, to $91.92 a barrel on London's ICE Futures Europe exchange. It traded at $91.47 a barrel at 11:44 a.m. London time.
``OPEC are only oil producers, they are not fixing prices. They can't control the market forces,'' Qatar's al-Attiyah told reporters in Doha today. ``They can't control the geopolitics. They can't control the speculation.''
Goldman Sachs
Oil dropped 5.3 percent last week as U.S. stocks posted their longest losing streak since August. Goldman Sachs Group Inc. said the U.S. and Japan are at risk of recession.
``Iran today is the world's leading state sponsor of terror,'' President Bush said yesterday in Abu Dhabi. ``Iran's actions threaten the security of nations everywhere.''
Iran will provide the United Nations's atomic agency with all remaining information on the country's past nuclear programs within four weeks, the International Atomic Energy Agency said yesterday.
The Movement for the Emancipation of the Niger Delta, a Nigerian militant group, said freelance fighters it supports detonated a remote explosive device that caused a fire on an oil tanker in Port Harcourt on Jan. 11.
Militant assaults have halted as much as 20 percent of Nigeria's oil production since early 2006. A Jan. 1 attack by MEND on two police stations and a hotel in Port Harcourt helped push oil prices over $100 for the first time.
Hedge fund managers and other large speculators have raised their bets on rising oil prices during the past three weeks, according to U.S. Commodity Futures Trading Commission data.
The net-long position in New York oil futures, the difference between contracts to buy and sell the commodity, rose 9 percent to 94,923 contracts in the week ended Jan. 8, the commission said last week.
To contact the reporters on this story: Grant Smith in London at gsmith52@bloomberg.net
Last Updated: January 14, 2008 06:45 EST
Manipulation at its finest, careless previous director, and some impatient investors. We will rebound as we should sooner rather than later. There are so many great things going on in here for the price to stay here for long.
Previous accumulation happened in the 0.60s before the big run, same thing is happening now but at one and half time higher price (0.90's), so we are moving in the right direction anyways.
Looking forward for a great year.
The reserve is pretty huge overthere and definitely security is an issue. Chevron is just working on part of it.
The great thing is DPDW is there already and in a great position to capitulate.
Is there any hurricane in that area?? :)
OIL RESERVES
Total field reserves are estimated at around one billion oil-equivalent barrels. The structure spans an area of 45,000 acres and extends from Block 216 into Block 217, offshore Nigeria.
Excellent digging friends. This is just one of the current projects DPDW is involved in. From the sound of it, it is a lengthy contract for Chevron as the production may have been started already and will peak by 2010, meaning constant stream for us too. Look at the production capacity. If they charge per barrel, we are in a good shape.
Agbami
Overview
Agbami is Nigeria's largest deepwater development, a light, sweet crude oil produced 70 miles offshore. Loading will be accomplished via a single buoy mooring (SBM) located 1.2 miles from the Agbami floating production, storage and offloading (FPSO) vessel. With an overall storage capacity of 2.15 million barrels the Agbami FPSO is one of the largest facilities of this type ever constructed. Production will begin in 2008 and quickly ramp up to 230,000 barrels per day, with peak production of 250,000 barrels per day expected in 2010. Agbami's location will allow for co-load opportunities with heavier West African grades.
Brikk,
Thanks for the outstanding information.
Are you working for a business reporting firm?, if not, you have my recommendation :).
I love those two Q&A about LARS. The market for LARS is huge and the margin is high, excellent combination for the company future and ours, of course :).
Q: how would you describe the market for the new LARS?
A: we see a huge potential market as more companies involved in offshore operations put ROVs on their vessels. we feel we are perfectly positioned to benefit from this trend and it also dovetails directly into the mako technologies acquisition.
Q: generally speaking, what are margins like on the LARS, the proteus AHC winch, etc.?
A: state-of-the-art, leading edge equipment that can be delivered faster than the competition allow for higher margins. DPDW's objective is to provide products across the board that fit all those characteristics. we don't want to make commodity type products, only ones that are advantaged in terms of the technology they offer. this is how margins stay high and customers stay happy.
The "Swordfish", I am hoping everyone realizes how significant this PR is.
Veolia Environmental Services Invests in State-of-the-Art Marine Vessel
Monday December 10, 9:29 am ET
New Ship Strengthens Veolia Environmental Services' Capabilities in Marine and Sub-Sea Operations to Offer New Deepwater Services to Oil and Gas Customers Worldwide
LOMBARD, Ill.--(BUSINESS WIRE)--Veolia ES Industrial Services is pleased to announce the addition of the DSV MT-6016 vessel—named the Swordfish—to its growing Marine Services Group. Designed with cutting-edge technology, the new ship was custom-designed to allow Veolia Environmental Services to take on more complex sub-sea construction and dive-support projects. The vessel is currently at port in Galveston, Texas, and will be deployed during the month of December. The Swordfish will initially be assigned to a contract Veolia Environmental Services has with Chevron’s Houston-based hurricane restoration team working in the Gulf of Mexico.
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Veolia ES’ Marine Services Group, which includes a fleet of dive support vessels, undersea remote operated vehicles and highly qualified diver-technicians, is expected to grow from $7 million in revenue in its first year (2005) to well over $100 million in 2007.
Mr. Denis Gasquet, Chief Executive Officer of Veolia Environmental Services, stated: “The Swordfish will be the fifth vessel in our Marine Services fleet and will strengthen our “deepwater” capabilities to serve offshore oil and gas customers in the Gulf of Mexico and around the globe.” He added: “This strategic investment affirms our capacity to offer marine and sub-sea services that combine high-tech performance with safety.”
The Swordfish was designed by Marin Teknikk and built by Kelven Verft in Norway. It was designed to maximize deck and work space for equipment, materials and supplies and is spacious enough to comfortably house over 100 diver-technicians and personnel.
Onboard the 103.7-meter-long Swordfish, crews will travel at up to 16 knots and take advantage of the ship’s cutting-edge technology, including a moon pool launch and recovery area, and a 150-ton, heave compensated crane designed to help keep loads stable even in heavy seas. The ship will also have a 1,000 foot-rated saturation diving system, which is currently under construction by VES Marine Services in Appleton, Wisconsin.
Veolia Environmental Services North America Corp., headquartered in Lombard, IL, offers fully integrated environmental solutions to virtually all industrial, commercial, municipal and residential sectors. It is part of the Veolia Environmental Services (VES) group, the only global manager of liquid, solid, non-hazardous and hazardous waste; on-site waste processing, industrial cleaning and process maintenance; and recycling, recovery and disposal for both the public and private sectors. VES has over 80,000 employees in 33 countries and posted revenues of $9.8 billion in 2006. Veolia Environnement (NYSE:VE - News), the parent of VES, with operations in water, waste, energy and transportation management, has more than 300,000 employees in 64 countries and recorded revenues of $37.7 billion in 2006. For more information, please visit www.VeoliaES.com.
Veolia Environmental Services, the division of Veolia Environnement in charge of waste management business, is the only provider of a full range of services for hazardous and non-hazardous solid and liquid waste all over the world. The company provides waste management and logistics services (collection, pipe systems maintenance, cleaning, waste flow management), as well as materials recovery and recycling. Veolia Environmental Services generated revenue of €7.4 billion in 2006. www.veoliaes.com
Veolia Environnement is world leader in environmental services. With more than 300,000 employees the company has operations all around the world and provides tailored solutions to meet the needs of municipal and industrial customers in four complementary segments: water management, waste management, energy management and freight and passenger transportation. Veolia Environnement recorded revenue of €28.6 billion in 2006. www.veolia.com
It looks like celebration is about to begin Brikk, I am elated.
We have proteus, LARS, Matrix, EW, MAKO, most of the major players behind us, coverage, new acquistion(s)??-you make the calculation. Amazing developing company.
See you all at night :)
What a way to start the year, they always PR after the fact, no will, ifs, or may be-I love this company :).
Once the news kicks in, volume and PPS will pick up quickly IMO. It always happens this way. I can't even calculate or imagine the possible income from this line alone.
Oil is expected to keep getting higher through 08 and 09 (see last two lines).
Oil Rises to $97 on Speculation U.S. Supplies Dropped Last Week
By Grant Smith
Jan. 2 (Bloomberg) -- Crude oil futures rose above $97 in New York, extending last year's 57 percent gain, on speculation that U.S. stockpiles fell for a seventh week.
Oil also gained after militant attacks in Nigeria, Africa's biggest crude producer, increased concern that violence will deepen production cuts. A U.S. Department of Energy report tomorrow will show a drop in crude inventories last week, from their lowest in almost three years, a Bloomberg survey showed.
``The market's kicked off higher on expectations of another crude stock draw,' said Robert Laughlin, a senior broker at MF Global Ltd. That's ``combined with renewed violence in Nigeria and terror worries in Pakistan.'
Crude oil for February delivery climbed as much as $1.35, or 1.4 percent, to $97.33 a barrel in electronic trading on the New York Mercantile Exchange. It was at $97.32 at 11:22 a.m. London time.
Last year, prices surged $34.93 a barrel, the biggest annual percentage increase since 2002. New York futures reached a record $99.29 on Nov. 21 as a weaker dollar made crude cheaper in other currencies.
Forecasts for colder winter weather in the U.S. added support to crude prices.
A winter storm in the U.S. northeast, where four-fifths of the country's heating oil is consumed, may boost demand. A storm that swept east from the Great Lakes could drop as much as 14 inches (36 centimeters) of snow on parts of northern New England today.
Brent Crude
Energy usage for heating in the Northeast is expected to be ``much above normal' today and tomorrow and then fall to below normal, said a forecast yesterday from Meteorlogix LLC.
Brent crude for February settlement rose as much as $1.88, or 2 percent, to $95.73 a barrel on the ICE Futures Europe exchange. It traded at $95.69 at 11:23 a.m. London time.
The London benchmark rose 54 percent last year, the most since 1999, when prices more than doubled. The New York and London exchanges were closed yesterday for New Year's Day.
Oil advanced 2.9 percent in New York last week after the assassination of former Pakistani Prime Minister Benazir Bhutto sparked concerns of instability in the nuclear-armed nation.
U.S. crude oil stockpiles probably dropped 3.15 million barrels in the week ended Dec. 28, from 293.6 million barrels the week before, the lowest since the week ended Jan. 14, 2005, according to the median of responses by four analysts before the Energy Department report.
Gulf Coast
All the analysts said supplies dropped last week, citing increased processing rates to make fuel and a drop in inventories in states along the Gulf Coast.
``If those numbers continue to run to the negative, that could be a factor that will put upward pressure on oil prices,' said David Moore, a commodity strategist at Commonwealth Bank of Australia in Sydney.
Nigerian militants killed 12 people in the southern oil city of Port Harcourt in attacks on two police stations and a hotel, the state-run News Agency of Nigeria said yesterday, citing Felix Ogbaudu, the regional police chief.
Violence by militants has reduced Nigeria's output by 20 percent since the start of 2006.
``Longer term, all the energy sectors will trend higher in 2008 and 2009,' Peter McGuire, managing director of Commodity Warrants Australia in Sydney, said in an interview today. ``There are geopolitical tensions, there are a number of other factors that can contribute to price rises.'
Brikk,
It seems that lately we are blessed with lots of traders who enjoy to teach us about each single move they do and every single thought they have, eventhough if they are not invested.
Reality is that the chart was going down the toilet in the 0.50s and people who followed the chart without any consideration to all the fundamentals missed out on one big run when PR hits-it will happen again IMO, and hopefully this time will be a good leason not to take out fundamentals and possible developments totally out of the equation.
This is a very nice and informative post Brikk to keep in mind as a new DPDW year starts tomorrow. Eventually, those games by MM will be enforced to move to a much higher price when the PR machine rolls again. We have been in exact same games by MM since the 0.20s and the base line keeps moving higher, only difference is that we have deep pockets now absorbing all they can.
A proteus (Protei) PR sale, another Matrix deal, government contract(s), other acquistions, and many other events including hurricane season with MAKO now in line, are all events we will be watching for closely. IMO, inevitably, the PPS will appreciate as those events unfold and management continues to execute as they used to. Again, they are also share holders and the PPS is as importnat to them as it is to us.
Happy New Year everyone.
Let us have another great year for DPDW with 5 times higher in PPS at least like this year. Best wishes to all.
Dear Sir,
SLB is acquiring all they can and they have over 1 billion outstanding shares. Look at their share price-that is how you grow your business, it is ABC for anyone who know about how business grows. Same goes to GOOG, MSFT, YHOO to mention a few, they are all acquiring. But thanks for your very informative post.
That is obvious for all of us.
Oil keeps moving higher
tp://bloomberg.com/apps/news?pid=20602013&sid=aTkHQfT2IfB4&refer=commodity_futures
I guess we will have lots of "Ask" Wackers in the new year in replacement for the Bid "Wackers". Time for smart money to step in before the "News".
Our management are very heavy share holders and they do care about the PPS exactly like us and even much more. It is in their very best interest that the PPS doesn't stay here for long as some of them can exercise their option soon.
I am expecting a hefty successful year, and some real nice deals. That is why longs are here and will get rewarded handsomely IMO. If you bought @ 0.2 and hold till now, you made 500%, not bad if you ask me. Percentage wise, this gain was much better than GOOG, AAPL, Bidu during a given year.
One nice PR about proteus sale and/or government contract, new acquistion, or who knows, and the fire work will start. To make big money, you need to be little patient IMO, Rome was not built overnight. GLTA
After going through all those great posts tonight. It seems like the proteus has been a backbone of their business plan. It has never been mentioned in a PR till it is deployed-makes you wonder, what else do they have.
It is also eye-catching that they are working with SLB for that long before they ever announce it.
Where this business plan and relationship with SLB will take us?- I will leave this to your imagination, considering that this is just a piece of the endless puzzel :)
Great eyes Brikk and connecting the dots, it is obvious that our company has had a vision and a plan. In a very short time, they are executing and getting noticed by all the majors.
It is a matter of time for their solid plan to fully materialize and PPS appreciate accordingly.
This stock should be in big boards, where the fun will really begin. We are blessed to run in this company that low IMO.
My guess is that oil stocks and in particulare oil servise stocks will be in a very high demand for the forseable future IMO. Any instability in Pakistan as you mentioned and god only knows where oil is headed.
We are also now very well positioned to increase our bottom line in case of active hurricane season after MAKO acquistions besides our core business.
SO many bullish things are lined up for DPDW and I am sure that they will capitulate very well.
January effect is about to hit us and smart investors should be ready to take/increase their position.
All IMO.
Oil is not getting any cheaper. The more the big oil companies make money the more they will invest in deep down projects-great for our DPDW.
http://biz.yahoo.com/ap/071227/oil_prices.html
Hello DPDWers
I hope that everyone had a very merry christmas.
DPDW has enjoyed an outstanding and a very successful year in their short lived establishment as a public company.
The stock price at current level is almost 550% higher, we have two great acquistions in Electrowave and Mako, we are enjoying coverege by two of the most respected independent analysts with a price target of $2.50, we raised capitals through financing and private placements (3 million shares in the mid 90s), and we have world class management in one of the most promising sectors now a days.
Our stock is trading in a very healthy way and it is very reasonable to believe that our company will continue to build and establish a very solid company and to target more lucrative and cash cow companies to their subsidiers.
If we just stay at the same base, 2008 should be a very profitable year for us. My guess, the PR machine will be back very soon and we will be pleasently surprised as we used to.
Patience always pays, with the right stock.
All IMO