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10 bagger

02/19/09 10:12 PM

#85301 RE: jdsgungho #85299

DPDW Seller..

That is true that all you hear about is the seller but it is also obvious that the seller now is willing to sell below $0.12..

As I have posted before,, I believe that the seller/seller's is/are a PRO in the way that he/they places orders and the reason for the down tics is not about the seller/seller's but others that have given up and hit the bids... What I hope for is to be able to buy the last 350,000 shares of the last sell order from the PP..

That is IMO is/will happen just before the earnings report almost 2 months from now.. RIG has seen a couple of upgrades in it's stock lately and may point to a more relaxed attitude by investors twards the Deep Drillers.. RIG though is transparent in it's efforts to keep it's investors informed and has been rewarded by it's price increase.. RIG at present except for a tracer position is the only Driller I own....

A little info. and transparency from DPDW's management might at least make the slide in DPDW's stock come to an end..

hank
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jk21

02/20/09 4:19 PM

#85312 RE: jdsgungho #85299

Agreed, there are plenty of positives in the fundamentals. But the oil patch and market in general is a mess right now. and the seller is the most pertinent and current chapter in the saga at this moment. at least when it comes to buying and selling at this current moment. when it comes to looking into DPDW's future, I see light at the end of the tunnel.....just dunno how long the tunnel is right now. imo