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Re: johnnyrock post# 2022

Monday, 05/14/2007 8:11:14 PM

Monday, May 14, 2007 8:11:14 PM

Post# of 16584
hi johnnyrock, i think you need to sell some of your dogs and put a nice chunk of DPDW in your hurricane basket. diversification is good, but this is about quality, not quantity.

deep down's management has it written into an SEC filing that they won't dilute for at least one year, and i can't think of any other hurricane play that has made such a pledge. the share structure is also tighter than any other stock in the group (a mere 6M float) plus, to top it all off, they have a long list of world-class major oil clients:

http://www.deepdowninc.com/showcase/list/

actually a recent PR lists even more huge international clients, like technip, symbol TKP, which is one of the largest offshore services companies in the world (7.76B market cap!) how many penny stocks do you know of with clients like these?

http://biz.yahoo.com/prnews/070424/datu045.html?.v=80

and how many other penny hurricane plays are on track to make 15-20M in revenues by the end of the year..?

i've done some deep DD here, and imo this is as good as it gets. since deep down manufactures and deploys the fragile and expensive connections between an oil rig and its undersea wellheads, DPDW makes money even if a hurricane doesn't make landfall. once again, there's no other stock like it in this group.

oh, and one more thing: when the end of the season is coming, and all the other hurricane stocks are selling off, imo this one is going to keep on running. their stated goal is to acquire as many offshore service providers as possible, and they already have one: electrowave USA. stay tuned... much more to come..! :)


















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