Replies to post #61431 on Koil Energy Solutions Inc. (KLNG)

[locustsuc]

Why are we at $.90? It's as simple as more selling than buying pressure over the past few months. Mediquip directors selling 4 million shares, Private placement holders from $.10 selling their shares, restricted shares being freed up due to the regulation change shortening the holding period from 1yr to 6 months selling shrares. We were trading at $2.35 before all of the selling took place. That was also before Mako, before Dahlman Rose revising their estimates up, and way before Flotech. Not to mention the credit/mortgage crisis and its effect on the entire market. When were trading at over $2.00 before we were overvalued by quite a bit. Now it is the exact opposite. I promise you there will be a time again when we are overvalued. But that is dollars north of here. Flotech is a game changer. Whenever we uplist to the AMEX it will not be an IPO. Our IPO was our reverse merger. Someday we may have a secondary offering and in that case the underwriters would value us much more fairly.

[jdsgungho]

i think more and more investors are starting to realize the integrity of the deep down management team, and their personal mission to create a subsea giant. many of us here have seen the writing on the wall and have stayed the course. i personally have preached on this sector and the potential growth of deep down for quite some time and can say that the pps you see today is not the value of this company and that a huge correction will take place in the very near future.

i'll say it once more, when the street see's results (1st qtr) and the estimates start aligning with analysts projections the forward looking projections will bear more weight. in the meantime deep down continues to grow and drop big bombs (flotation technologies) which imo just opened the door to a whole new world as we are getting 10 times the press coverage we used to (do a search on deep down inc) and with us now buying a company of equal size and value its also proven the seriousness of the company's buisness model and growth plan.

i expect we will be seeing some major growth in the coming months, but again i say patience is the key!(jmho)

GO DPDW GO!