As this is the first post that I will make on this board and a few of you have stoped by my board I wish to thank BRIKK and Joe Smith for thier continued prodding to me about DPDW..
I was first cotacted by BRIKK when DPDW was selling for $0.25 and I discounted any investment in DPDW because it looked like a horror show on it's balance sheet.. DPDW went to highs above 2.00 after that and came all the way back to $0.40..
BRIKK contacted me again and while I was doing DD,, Joe Smith contacted me about a posting telling VMC board members to stay away from Shallow Water or landbased drillers and thier thier suppliers.. Joe pointed out that SIOFF.ol had used DPDW gear on thier newship build,, and as SIOFF.ol has been one of my larger holdings I contacted my sources in Norway to snoop around on DPDW..
Shortly after that DPDW was trading below $0.40 and when I got back information positive to DPDW I put in an order and forgot about it but DPDW almost doubled that day.. Needless to say again I had no interest but followed DPDW closer with a stock price alert and when it traded again at $0.48.. I became a buyer of a modest position.. 80% of that position was flipped for a 50% gain in less than 10 trading days and I noticed that the only way to trade DPDW was with open orders.. That was easy because E_Trade where I trade will not allow orders to be placed online..
This AM I recieved further information that DPDW is worthy of a longer term outlook and north of $1.60 is a resonable expectation..
I bought a total of 43,388 shares today replacing any shares that I had sold in previous trades... Come over and take a look at my board for further info as I post all my trades and positions.. A link is on the bottom of this page..hank
Market Data 
Markets 
AI
