i would think he would have to run his projections by a few other people at DR and that they would have to at least somewhat agree with him on them.
but just because DDI may not be covered anymore does not mean DDI is a bad company or investment.
just a little disconcerting since they have been so high on DDI or almost the last year.
Another thing to consider, are there any other OTC stocks on their list, maybe they changed policy's to not cover OTC stocks anymore??? at least something to consider until we find out what really went down.
We can only speculate as to why it doesn't show up under their coverage section anymore. It was there as recent as May 10th if you look at the cached page by Google down below.
Sometimes Analyst companies will drop coverage because the specialist/analyst following a certain industry segment or company got reassigned or left.
While previously we had to hang our hats on DRs coverage/estimates/target price, to me personally the Flotation Tech acquisition validates DDI as an up and coming player in subsea that will be there for a long time to come.
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