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LOL ... that's NOT a bad idea!
If Digital Energy did the new website ... someone's going to have to show our guys how to use Adobe ImageReady. Anyone else notice that 1.9 MB thumbnail of the guy reading the newspaper? <grin>
http://www.deepdowninc.com/index-4.html
Anyone been watching those cams? There should be a good shot of Ron or Steve beating on the desk right about now LOL. IMO of course!
Thanks Taby. I share the same sentiment. Not running out and adding a great number of shares to my portfolio ... but not terribly worried about the ones that I already own, either.
Saw that article today and just thought it was "right on time" regarding current events. Glad you enjoyed.
Usually do my share of lurking, but ran across an article earlier I thought was worth sharing with the board...
'Even the best PIPE deals see their share of stock price upheaval in the months that follow, given the dilution. But good companies that carry out their business plans can rebound, says Gregory Sichenzia of securities law firm Sichenzia Ross Friedman Ference. "At the end of the day, it comes down to management," he says. "At first there'll be dilution, the stock will get beat up a little bit. But if management can take that money and build value, eventually the stock will respond."'
http://www.usnews.com/articles/business/small-business-entrepreneurs/2008/06/23/terms-of-endearment.html
Agreed. Until now it seemed like PERT had been throttling back periodically to keep the PPS from barelling down below $1.00.
Like Jerry Reed used to sing ... PERT must have a long way to go and a short time to get there LOL.
Gotta love this company. Pretty soon DPDW will need to change it's ticker symbol to WYUP... LOL
Hmm ... didn't realize you weren't affiliated with that site any longer until this evening. I must have bought one of the very last DVD's featuring the "original gangsta" LOL.
Haven't gotten all the way through it yet, but have been enjoying it very much.
Sweet -- thanks guys!
Has anyone noticed that a Standard & Poor's report came out on Deep Down this weekend? I haven't been able to pull it up yet, but imagine it might be worth taking a look at.
JDS ... didn't get a chance to chime in yet, but have been reading over your DD from Channelview since yesterday. That's some good stuff IMO -- well worth the trip. Good job!
Skelton
Chevdavg ... very good summarization of what's occuring in the "here and now". I tend to agree with those who feel this should be a non-issue in days or weeks to come, but also think you're right in that we have to (at least) acknowledge what's occuring in the present. Failing to do so would be analagous to drinking the Kool Aid IMHO.
Keep the faith, my brother, and enjoy the buying opportunity. It's looking more and more like better days are definitely ahead of us. JMHO.
That Friday volume is just insane LOL.
"If this thing goes Sub penny, i will NEVER EVER trade stocks again!"
Are you kidding? If this thing goes Sub penny, I'm going to buy the heck out of it and become a majority shareholder. Sit in on the board meetings with my dog, get me one of those ROVs for my backyard swimming pool ... you get the idea
Woo Hoo -- Awesome News!
Thanks man -- that makes me feel a lot better. With the *huge* potential this company has, I really do believe that's about the only thing that could potentially derail us ... on the short term, anyhow.
Great information in your post and I'm sure everyone will be glad to hear that. Will keep you guys posted if I hear anything further from IR.
Your opinion spec ... which I certainly respect.
I'm familiar with the filings as well but, as indicated earlier, would still like to hear management's "take" on the issue. Wouldn't you?
Now I do realize there are limitations as to what they can or cannot disclose to investors. I'm not expecting a lot ... simply desiring to know if they recognize the issue and have a plan to deal with it.
Steve's emails so far have attributed our recent PPS action to "day trading" ... and that somewhat concerns me. A reasonable person would infer that either a) they're not aware of the selling, b) they're not worried about the selling, or c) they're just trying to dodge the issue.
I don't pit Steve Haag or anyone on the DPDW management team as being stupid ... so that does tend to narrow down the possibilities a bit.
My email was very pointed, on purpose, and what type of response I get (if I get a response) will certainly factor into my strategy moving forward ... just like any other piece of due diligence one might happen upon in their travels.
All of the above IMO of course.
Have a good one...
Skelton
Thanks Tom -- will do. While I'd like to go ahead and increase my holdings at these terrific bargain prices ... I'm basically sitting back and waiting to see what type of response I get from Steve Haag.
If I fail to hear back, or get a response that evades the question, that will tell me all I need to know -- that we have something to worry about. Hopefully that won't be the case.
I emailed Steve yesterday and have yet to hear back. Specifically, I asked his thoughts on the one year anniv of the private placement coming up in March ... and whether or not he and management were at all concerned about some or all of those 10,000,000 shares hitting the streets.
Each to their own opinion, which I certainly respect, but I personally fault selling on the part of Ritz, Siedhoff, Whittley, et. al. (almost one year to the day) for our recent decline in share price. To sit back and blame "the market" and "day traders" just doesn't cut it in my book.
While they may not be able to prevent these sales, I'd at least like to know that management a) acknowledges the problem and b) has a solid plan to counteract it.
Insiders, outsiders, former directors, whatever one wishes to call them ... they're the one thing that can screw us between now and the release of the 10K.
Selling 175000 EQBM at .0001 if anyone is interested.
It's been real, fellas
Brikk -- just my opinion on these, but this is how they stacked up based upon information available on the web.
QUIN - Institutional IMO. Part of Northwestern Mutual.
NIII - Mix of institutions and affluent investors.
LABS - Mix of institutions and affluent investors.
FRAN - Hard to say ... no web site.
BMIC - Hard to say ... no web site.
GNLN - Affluent investors IMO based upon services offered.
I disregarded the MMs who had purchased DPDW stock in a month prior to October. These were just the ones who appeared to be new participants.
FWIW in the Googling that I did on each of the new participants ... some seem to be firms that front for institutions, while others appear to be investment firms that cater to wealthy investors. JMHO.
Park Financial = Northwestern Mutual, and they didn't seem to think twice about spending $250,000 last month LOL.
Was just looking over the OTCBB Monthly Share Volume Report for October...
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=DPDW&SortBy=volume&Month=10-1-2007&IMAGE1.x=10&IMAGE1.y=6
Very interesting how many new Market Makers are on the scene now. Boutique investment firms and large institutional buyers IMO.
Hehe. Barchart.com seems a little bullish...
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 - 250820
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 - 196692
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 - 159920
Overall Average: 100% - Buy
Thanks Captain -- that's the one
Howdy Brikk and others! Have been lurking a lot lately due to work obligations, but wanted to take a minute to share some DD I was working on this evening.
Noticed from the August OTCBB Monthly Share Volume Report that Dahlman Rose was buying a crap load of Calpine (CPNLQ) last month, and couldn't help but wonder why.
Although there's not a lot of recent info on IHUB about it ... it looks like Calpine is in the last stages of preparing to emerge from bankruptcy. Just IMO ... but I suspect Dahlman was anticpating shareholder friendly news to emerge, and was putting most of their efforts into front-end loading the boat.
Incidentally ... it looks like things took a turn in the opposite direction, judging by today's news release:
http://biz.yahoo.com/ap/070913/calpine_bankruptcy.html?.v=1
...and the recent drop in Calpine's PPS. But who knows, maybe it will work out for the shareholders in the end.
Anyway, my point. Where Dahlman was heavily focused on buying CPNLQ last month due to the above ... I think their focus has now shifted to the company in last month's #2 spot -- DPDW. As I say, this is just my opinion ... but I personally see it as very bullish.
Agreed. That would certainly set the stage for Monday morning
I see that Deep Down filed an extension today.
IMHO ... if one believes that there is an opportune time to release the 10Q, be it on a Monday ... or be it on a day when the market is not getting hammered so bad ... one could easily surmise that management is just buying a little more time, so that they can get the most bang for the buck.
I suspect things are ready to roll and have been for a while. Preliminary numbers were released ... how many months back?
Weeeeeeeeee! Sorry -- couldn't resist.
Sweet Time to buy more shares LOL.
Bring on the numbers, Brikk
SirFelix -- the acquisition does seem a bit pricey, but keep in mind that MAKO is the sole distributor for those SeaEye ROVs on the Gulf Coast .
And we're still in 2Q ... so MAKO financials should make it into our next quarterly
Scottrade uses NITE for order flow, hence the special list LOL. I'm sure it's one more way for them to throttle back when they need to.
Agree ... wonder how many shares on that last transaction.
Man that's a tight spread. .525 x .5291
He told me there is question of leaving EQBM out as he has 150 million(?) shares of EQBM.
Very wise, you are. Larry is making sense not. Hmmmmmm.
LOL.
The board's quiet, Brikk, cause we're all too busy being voyeurs today. I keep getting that "too many users" message on the DDI spy cam LOL.