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mauiguy2

03/04/09 9:34 PM

#85822 RE: JoeSmith #85820

All of us shareholders are also truly "perplexed" why the PPS has fallen 96% to .09. Perhaps the perplexed Investor spokesperson should speak with management for some insight. Then, the CEO can bring forth some enlightenment to both the perplexed spokesperson and the perplexed shareholders. How are earnings looking for the 4th quarter? Are you guys on top of the SEC situation? Contacted them recently? Just some questions.

One of many perplexed shareholders

palacian

03/04/09 10:06 PM

#85825 RE: JoeSmith #85820

joe,

the quote, "...during a downturn in the rest of the economy, just what investors look for? Just a question"

what do investors look for? hard to beat an entire market
down 50-90% in such a short time.

problem is how many investors are looking at dpdw,or any other stock, as an
investment rather than a trade? i venture that the entire
investment community has bought into the trader mentality.
so have all the brokerages, for some time now, they have
offered cheaper trades with volume.

back to dpdw, what more could the mgmt do to put on a happy
face when in a swamp full of alligators? for them to come
forward with somekind of statement, official pr, would
do what? about the effect? about the contractual
agreement to pay some % to the pipes? about the sec?
heaven forbid bad mouth the sec beyond "the balls in their
court."

the cresendo of criticism seems to be more about the pps is
less than i paid original; therefore, there must be corporate
malefeasence. could be but not necessarily so, and such
assumptions are barely even fair speculation.imo.

i do not know any more than anyone else yet i must weigh
the general market against my urge to pinpoint a culprit
in the dpdw organization. seems to me the worms are
everywhere, making it hard to pin a tail on the donkey.

we are all going down together. not just here but every-
where. pitiful, pitiful, pitiful, what's a mother to do?

wringing my hands.
sweating bullets.
palacian

sandvet

03/04/09 10:35 PM

#85827 RE: JoeSmith #85820

The invincible and brilliant Mr. Steve Haag has used the word "perplexed" in some of his communications pasted on this board, so I suspect that he is at it again.

I myself am perplexed at how management is perplexed at the very thought of investor's equity in this perplexing stock that is melting away faster than a stick of butter on a flat rock in the Sahara desert.

Perhaps I would be less perplexed if the indomitable Mr. Haag would lead a charge of his fellow management team off of their cushy new leather couches in their new Houston headquarters and storm their broker's offices to begin a steady stream of insider buying.

I don't have a premium subscription anymore, but somewhere on this board is the unflappable Mr. Haag's response to a question on whether or not there is a penalty associated with the alleged SEC delay on the private placement. Mr. Haag's response was probably the most perplexing murder of the King's English that I've seen in a long time. Although I have an advanced degree and consider myself quite literate, I had no idea what this astute gentleman was saying.

Can someone find it and repost? Now that is truly perplexing!

bliz82

03/04/09 11:19 PM

#85834 RE: JoeSmith #85820

I agree with Steve. As far as I'm concerned, DPDW is a ridiculously undervalued but rapidly growing company in a great sector. I'm going along with some of the best investors of all-time. Buy undervalued stocks and hold for the long term.

elsieCat

03/05/09 11:14 AM

#85849 RE: JoeSmith #85820

I find that reply *disingenous* and condescending.

JoeSmith

03/05/09 12:32 PM

#85861 RE: JoeSmith #85820

Just to be perfectly clear about my post,
these two sections in bold are direct quotes:

Quote
"I have said this many times, we have the strongest subsector in the oil and gas industry and we are growing year-over-year."

"I am truly perplexed why some don't want to hear the truth about our operations, our market, our growth. Isn't an undervalued, nearly debt-free company, growing triple-digits year-over-year, in the hottest subsector, during a downturn in the rest of the economy, just what investors look for? Just a question"

============== end quote ============

This part of the linked message is in my own words:

Thanks for posting that bliz82. Subsea7 really said that in their annual report? That sounds a lot like something an Investor spokesperson at Deep down said just today!

And this part too is in my own words

Any questions? ==>

(I figured here that there would be questions for IR,
questions nobody here can answer, and felt I should "point" the readers in the right direction)

This part was added by me for your convenience,
and was also meant to highlight the new address.

ir@deepdowninc.com

8827 W. Sam Houston Pkwy N.
Suite 100
Houston, TX 77040

Office: 281-517-5000
Fax: 281-517-5001