posted
Major move occuring here on DPDW. Institional holders are/have accumulated shares and now it is tightly held in a low float (6M shares.)
I am a buyer here and am actually holding some for longer term as this company is true. No dilution period.
Its been about 6 months until i made a serious call and here it is. This will probably go 100-500% in the coming year or two but thats long term. Short term - 25% easy from this point IMO.
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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posted
Sorry to talk off topic, but....Hey MillerTime....I also know someone named MillerTime in America's Army Operations (a combat simulator developed by the US Army to help recruit fresh meat for the grinder). I was just wondering if you were also that person? If so, great! I'll tell you who I am if it is indeed you, but if not...sorry to change the topic.
On topic....This stock is a steady long term holder...has been forever...Been in since .55 and am never leaving....the 6 month and 1 year shows steady increase and I am along for the ride on this one! 2003-$50+ per share and on its way back to it!
-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;) Posts: 936 | From: Virginia | Registered: Aug 2007
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posted
Moving nicely...shame it doesn't belong on this board...
-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;) Posts: 936 | From: Virginia | Registered: Aug 2007
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posted
Unfortunately, Shakerz and bunch of other Hubbers were on this one, so that may be part of the reson it's red today as some of them exit. Not sure of long term potential, but they may have blown the short term.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Yeah appears so...Probably come down to .07 today...but still looks good to hop back on the train at that point...JMO
-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;) Posts: 936 | From: Virginia | Registered: Aug 2007
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posted
Well, chalk up another one for MT. At 1.10 right now, well over the 25% threshold. Thanks man.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by PCola77: Well, chalk up another one for MT. At 1.10 right now, well over the 25% threshold. Thanks man.
Yep No problem PC. Good to see you again.
Its been a while since i "called" one, because i didnt really see any that fit the bill. Obviously i have been trading, but much more quicker plays and not more accumulation - sell up to 25%, which these plays are.
How about you? How have you been in this market of ours?
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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posted
Seriously, congrats to all who made money off this call.
Dont know how many people are still on allstocks, or follow my calls, but i try and make sure they are pretty much an "easy 25%," for the more risk adverse traders.
Congrats again to all
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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quote:Originally posted by FrankNitti: Sorry to talk off topic, but....Hey MillerTime....I also know someone named MillerTime in America's Army Operations (a combat simulator developed by the US Army to help recruit fresh meat for the grinder). I was just wondering if you were also that person? If so, great! I'll tell you who I am if it is indeed you, but if not...sorry to change the topic.
On topic....This stock is a steady long term holder...has been forever...Been in since .55 and am never leaving....the 6 month and 1 year shows steady increase and I am along for the ride on this one! 2003-$50+ per share and on its way back to it!
a. LOL no that Millertime is not me, but it is a good name i believe. LOL lots of fun.
b. yep i NEVER EVER invest in any OTC stocks, but i have recently made one exception and that is DPDW. This stock, to make it simple - is going Higher long term. DPDW is the real deal.
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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posted
Been doing well. Make a bunch, then lose most of it gambling. Make a bunch, lose most of that
Have a blast though, and up pretty good for the year...
quote:Originally posted by MillerTIME:
quote:Originally posted by PCola77: Well, chalk up another one for MT. At 1.10 right now, well over the 25% threshold. Thanks man.
Yep No problem PC. Good to see you again.
Its been a while since i "called" one, because i didnt really see any that fit the bill. Obviously i have been trading, but much more quicker plays and not more accumulation - sell up to 25%, which these plays are.
How about you? How have you been in this market of ours?
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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Deep Down Announces Over $30 Million in Flotation Orders Wednesday October 3, 3:55 pm ET
HOUSTON, Oct. 3 /PRNewswire-FirstCall/ -- Deep Down, Inc. (OTC Bulletin Board: DPDW - News) announced today that it has secured over $22 million in drilling riser flotation contracts for Matrix Asia Pacific Pty Ltd of Perth, Australia, and expects to close over $8 million in additional contracts within the next couple of weeks.
ADVERTISEMENT Deep Down has an exclusive agreement with Matrix to introduce their complete product line to the U.S. Market. These contracts establish Matrix as one of the world's premier suppliers of syntactic foam drilling riser flotation modules. These modules are used to provide buoyancy and reduce the weight of the riser string, thus allowing drilling in deeper depths with less tension.
Matrix is providing their proprietary syntactic foam formulation coupled with a practical, damage resistant module design. Deep Down is working closely with Matrix to optimize the mix of products and services that can be jointly offered to the marketplace. Deep Down is currently acting as an agent and expects to earn over $600,000 in commissions, after expenses, on these orders.
"Although Deep Down will not record the revenue on its financial statements, it is important to note that the $600,000 in commissions is essentially unencumbered by expense and falls to the bottom line as pretax profit. We expect these fees to be collected in various installments over the next 18 months," commented Eugene L. Butler, Deep Down's chief financial officer.
In addition to drilling riser flotation, Matrix offers buoyancy for ROVs, subsea deployment, distributed buoyancy modules and other subsea applications. Matrix also offers a complete range of molded polyurethane products including, bend restrictors, bend stiffeners, VIV suppression strakes, clamping systems, and cable and flowline protection.
About Deep Down, Inc.
Deep Down specializes in the provision of innovative solutions, installation management, engineering services, support services, custom fabrication, and storage management services for the offshore subsea control, umbilical, and pipeline industries. The company fabricates component parts of subsea distribution systems and assemblies that specialize in the development of subsea fields and tie backs. These items include umbilicals, flow lines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems, among others. Deep Down provides these services from the initial field conception phase, through manufacturing, site integration testing, installation, topside connections, and the final commissioning of a project. The Company's ElectroWave subsidiary offers products and services in the fields of electronic monitoring and control systems for the energy, military, and commercial business sectors. ElectroWave designs, manufactures, installs, and commissions integrated PLC and SCADA based instrumentation and control systems, including ballast control and monitoring, drilling instrumentation, vessel management systems, marine advisory systems, machinery plant control and monitoring systems, and closed circuit television systems.
The Company's strategy is to consolidate service providers to the offshore industry, as well as designers and manufacturers of subsea, surface, and offshore rig equipment used by major, independent, and foreign national oil and gas companies in deep-water exploration and production of oil and gas throughout the world. Deep Down's customers include BP Petroleum, Royal Dutch Shell, Exxon Mobil Corporation, Devon Energy Corporation, Chevron Corporation, Anadarko Petroleum Corporation, Marathon Oil Corporation, Kerr-McGee Corporation, Nexen Inc., BHP, Amerada Hess, Helix, Oceaneering International, Inc., Subsea 7, Inc., Transocean Offshore, Diamond Offshore, Marinette Marine Corporation, Acergy, Veolia Environmental Services, Noble Energy Inc., Aker Kvaerner, Cameron, Oil States, Dril-Quip, Inc., Nexans, Cabett, JDR, and Duco, among others. For further company information, please visit http://www.deepdowninc.com and http://www.electrowaveusa.com
One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. Deep Down urges investors to review the risks and uncertainties contained within its filings with the Securities and Exchange Commission.
Source: Deep Down, Inc.
Posts: 3026 | From: Chicago | Registered: Oct 2005
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posted
Great day in the green. some info from early today.
****************.com: BIPH, DPBM, TIDE, DPDW - ****************.com Stock Alert 11:58 AM ET - M2
****************.com's "Mid-Day Stock Watch Alert" this afternoon are Biophan Technologies, Inc. (OTCBB: BIPH), Deep Blue Marine Inc. (Pink Sheets: DPBM), Tidelands Oil & Gas Corporation (OTCBB: TIDE), Deep Down, Inc. (OTCBB: DPDW).
Posts: 10 | From: St. Louis, MO | Registered: Oct 2007
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Deep Down Announces $3,000,000 Private Placement 11:18 AM ET - PR Newswire
Deep Down, Inc. (OTC Bulletin Board: DPDW) today announced it has reached an agreement with Ironman Energy Capital, L.P. to close a private placement of 3,125,000 shares of common stock of the company at $0.96 per share, or $3,000,000 in the aggregate, in an agreement reached on October 2, 2007, when the closing price was $1.03 per share. The Company expects closing to take place on or before Friday, October 12, 2007.
Posts: 10 | From: St. Louis, MO | Registered: Oct 2007
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9 Straight white candles. Gotta love this move. Just beautiful and must be nearing 100% now since my original call.
I personally have not sold 1 share yet as i feel this is going much much much higher long term, but thats not to say that you shouldnt take profit. Remember i do pretty well at calling these, but im not as good as calling the highs
Posts: 3100 | From: Louisiana | Registered: Apr 2005
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quote:Originally posted by MillerTIME: WEEEEEEEEEEEEEEEEEEEEEEEEE
9 Straight white candles. Gotta love this move. Just beautiful and must be nearing 100% now since my original call.
I personally have not sold 1 share yet as i feel this is going much much much higher long term, but thats not to say that you shouldnt take profit. Remember i do pretty well at calling these, but im not as good as calling the highs
I love this company and stock...but, I just got in yesterday and it went down. D'oh!
I agree, long term we go much higher.
Posts: 2498 | Registered: Mar 2006
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posted
Miller, unless you meant that you called it in some other thread, I think you're overstating it somewhat. I remember it being in the .84 range when you made this post.
Not that it wasn't your normal fantastic call, but just wanted to set the record straight.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by PCola77: Miller, unless you meant that you called it in some other thread, I think you're overstating it somewhat. I remember it being in the .84 range when you made this post.
Not that it wasn't your normal fantastic call, but just wanted to set the record straight.
yeah PC - sorry bout that - i bought 3/4 of my positioned i believe on a friday at .66 the day 1 of the run. Then DD'd it that weekend and filled the rest on the gapup on the next day up to .80
And yeah, then i thought - hey this is just the type of play that would be good in allstocks. (more of an accumulation and hold for a couple of days.)
But yes, you are correct and i misstated the truth. I believe the ask was in the .84 range when i made my first post here on allstocks.
Posts: 3100 | From: Louisiana | Registered: Apr 2005
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quote:Originally posted by PCola77: Miller, unless you meant that you called it in some other thread, I think you're overstating it somewhat. I remember it being in the .84 range when you made this post.
Not that it wasn't your normal fantastic call, but just wanted to set the record straight.
quote:Originally posted by cactus33: who gives a ratzz azz when it was called
quote:Originally posted by PCola77: Miller, unless you meant that you called it in some other thread, I think you're overstating it somewhat. I remember it being in the .84 range when you made this post.
Not that it wasn't your normal fantastic call, but just wanted to set the record straight.
I do...great call millertime! PM me with your next awesome call. -wdcisco
Posts: 1075 | From: weeeeeeee | Registered: Sep 2007
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posted
Well basically here's the deal. In my opinion, MillerTime is a phenomenal picker. Probably the best here at picking his type of play, meaning longer term (meaning a few days or weeks, in general) normally liquid, non-subpenny plays. He picks the kind that you don't start to get nervous if it drops 10% or so, because you can be prety sure it won't fall off a cliff like many "momentum" plays.
While the "call price" itself isn't that important, I had a feeling tha Miller's mis-statement was not intentional, and I kind of gave him a chance to explain himself.
You may not find it important, and it's possible tha no one else will either, but I know that I personally always verify people's claims on any of these boards. For example if I go to IHub and see someone say "Buy XXXX, it's gonna go up 50% like YYYY did when I called it", I will check to see if that really happened on YYYY. 99% of the time their claims are virtually impossible, for a reason such as they quoted the bid as their "call" and the highest ask as the peak, as opposed to what a person could actually have bought and sold for.
When I see someone overstate their prowess, I tend to remember them as a bulsh*tter, and am less likely to believe them in the future.
Like I said, I think Miller is one of the best, but if someone comes to Allstocks for the first time, or has been here for a while but hasn't paid particular attention to his picks and is not familiar with his body of work, and if they are like me, they would see his claim, find his first post, and say "That guy is full of it."
So yeah, you may not care when he first called it, and I may not care, but why not give him a chance to build up credibility with some others. I had a feeling he would respond exactly as he did, as opposed to some people here who will get very defensive about it when I post things like that.
Okay, I probably talked enough.
quote:Originally posted by cactus33: who gives a ratzz azz when it was called
quote:Originally posted by PCola77: Miller, unless you meant that you called it in some other thread, I think you're overstating it somewhat. I remember it being in the .84 range when you made this post.
Not that it wasn't your normal fantastic call, but just wanted to set the record straight.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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