Newbie perception summary:
First, thanks to all of you for providing a knowledgeable forum with a variety of good info and resources. (Special thanks to SageWise and JoeSmith) After reading a week’s worth of posts, I chose these three for the whole DeepDown story.
Post 70183, by JK21
that's why there's not much reason to worry. the bulls are alive and well for fundamental reasons. and those are the best, strongest, longest-lasting reasons. end of story.
mainpulation or trading fluctuation.....still just white noise if the fundies are in place.
Post 70394, by jdsgungho
in a nutshell cuppy everything at dpdw is fine and there has been NO changes that would merit the drop in price
what we have seen is pert on the tape continually dropping his ask in an effort to sell whatever shares he is holding.
there has been a lot of theory as to what is going on or who the seller may be -my guess is a private placement holder or possibly seidhoff(former director), whatever the case today was much more positive and could be a sign that pert is about done selling(JMHO)
you have a lot of reading to do but imho this is just one more incredible buying opportunity as deep down continues to do what it does best(GROW)!
Post 70459 by RichieRich49
Tom, yeah it is amazing that last year we hit $2.35 when we were just a little offshore company with potential, and now we are hitting our marks like clockwork, a seemingly unstoppable force in the offshore industry, and we are at .88. And oil is around $140 so that should also propel the price upward. I think some of the selling is due to the massive amount of margin calls over the last month as the overall market pulls back. I can't wait until we are at the $3 level when more institutions can buy Deep Down and the price swings should not be as great. We also would become marginable enabling more shares to be purchased.
Thanks to all !
