Argyll, personally, I think we got way ahead of ourselves based on that Dahlman Rose prediction of $2.50.
The stock flew up in an attempt to fulfill that number but the support for the price wasn't there.... nowhere near there.
The 70% drop will either be right or wrong depending on the results of the 4th quarter and the backlog of product.
I think there is a lot of "goodwill" value in this company that is not being taken into consideration at the current price. Deep Down and its divisions are thinkers, creators and problem solvers in the ever-building sector of deep water search and production.
AIMMHO.
Trueheart