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Wow, that is freaky, I just used the search function to find an NSMG thread to post that it seems like it's gettign ready to move and was about to post on this very thread when you bumped it to the top. I got in at .04 and just noticed teh bid ask had moved to .057 x .06 a few minutes ago. Bid is back down to .05 now, but it's been getting action recently.
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DEEP DOWN makes oil drilling and services equipment for underwater applications.
The stock price is currently around .75 per share and the company has a pretty good following on message boards. They also have some analysts coverage. One, Dahlman Rose is giving projections of a 2.50 price target.
quote:Originally posted by PCola77: Wouldn't hurricanes be terrible for them? Aren't they at risk for having valuable equipment destroyed or lsot during sever weather?
quote:Originally posted by Stockstar69: Hurricanes = DPDW = $$.
DEEP DOWN makes oil drilling and services equipment for underwater applications.
Go Deep Down !
no no...DPDW sell the equipment to teh drillers, If the stuff gets destroyed/lost during a hurricane it would need to be replaced so more would need to be supplied. DPDW would be working 24/7 to meet demand.
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By SETH BORENSTEIN, AP Science Writer Thu Apr 17, 6:32 PM ET
WASHINGTON - The jet stream — America's stormy weather maker — is creeping northward and weakening, new research shows. That potentially means less rain in the already dry South and Southwest and more storms in the North. ADVERTISEMENT
And it could also translate into more and stronger hurricanes since the jet stream suppresses their formation. The study's authors said they have to do more research to pinpoint specific consequences.
From 1979 to 2001, the Northern Hemisphere's jet stream moved northward on average at a rate of about 1.25 miles a year, according to the paper published Friday in the journal Geophysical Research Letters. The authors suspect global warming is the cause, but have yet to prove it.
The jet stream is a high-speed, constantly shifting river of air about 30,000 feet above the ground that guides storm systems and cool air around the globe. And when it moves away from a region, high pressure and clear skies predominate.
Two other jet streams in the Southern Hemisphere are also shifting poleward, the study found.
The northern jet stream "is the dominant thing that creates weather systems for the United States," said study co-author Ken Caldeira, a climate scientist at the Carnegie Institution of Washington in Stanford, Calif. "Bascially look south of where you are and that's probably a good guess of what your weather may be like in a few decades."
The study looked at the average location of the constantly moving jet stream and found that when looked at over decades, it has shifted northward. The study's authors and other scientists suggest that the widening of the Earth's tropical belt — a development documented last year — is pushing the three jet streams toward the poles.
Climate models have long predicted that with global warming, the world's jet streams would move that way, so it makes sense to think that's what happening, Caldeira said. However, proving it is a rigorous process, using complex computer models to factor in all sorts of possibilities. That has not been done yet.
A rate of 1.25 miles a year "doesn't sound like much, but that works out to about 18 feet per day," Caldeira said. "If you think about climate zones shifting northward at this rate, you can imagine squirrels keeping up. But what are oak trees going to do?
"We are seeing a general northward shift of all sorts of phenomena in the Northern Hemisphere occurring at rates that are faster than what ecosystems can keep up with," he said.
Dian Seidel, a research meteorologist for the National Oceanic and Atmospheric Administration who wrote a study about the widening tropical belt last year, said she was surprised that Caldeira found such a small shift. Her study documented that the tropical belt was bulging at a much faster rate. Caldeira said his figures represent the minimum amount of movement.
The jet stream also factors into bumpy air travel. It is a cause of clear air turbulence that airline pilots try to avoid by tracking where the jet stream is.
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For 2 days in a row local weather channels in Houston are predicting a tropical wave to move north across Central America and into the Carribean.
I haven't located anything in writing but here's a satellite view...looks promising!
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Definitely signs of strong outer bands of rain forming around a center...(northeast and southwest quadrants of the system)...moving east, northeast across Central America. Once the system clears land and finds itself in the Caribbean it could form quickly into a tropical storm. The stork could be bringing us Alberto soon.
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ECCI ( diluting P.O.S. ) is so far down it has no where to go but up. I will never invest in ECCI again. ECCI is by far the worst H stock there is.
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quote:Originally posted by Scheid27: ECCI ( diluting P.O.S. ) is so far down it has no where to go but up. I will never invest in ECCI again. ECCI is by far the worst H stock there is.
Nearly all penny stocks dilute to fund their ongoing operations. They are risky by nature. Picking the bottoms and getting out at the right time can be tricky. Sorry you lost on ECCI.
-------------------- Get In, Get Out...but Make Up Your Mind!
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Alert!! Tightly spinning low pressure area east of the Bahamas heading west!!! It could suck moisture from the south to feed it.
Also: area of T storms forming south of Pensacola, FL moving SW??? Formation will depend on the temp of the Gulf. Reminds me of Alisia that flooded Houston a few years ago...which formed quickly and dumped 20-31 inches overnight in spots of the city.
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Andrea Thompson Senior Writer LiveScience.com Mon Jul 14, 12:21 AM ET
Hurricane seasons have been getting longer over the past century and the big storms are coming earlier, LiveScience has learned. The trend has been particularly noticeable since 1995, some climate scientists say.
Further, the area of warm water able to support hurricanes is growing larger over time. The Atlantic Ocean is becoming more hurricane friendly, scientists say, and the shift is likely due to global warming.
"There has been an increase in the seasonal length over the last century," Jay Gulledge, a senior scientist with the Pew Center on Global Climate Change, told LiveScience. "It's pretty striking."
A study Gulledge co-authored with other climate scientists found a five-day increase in season length per decade since 1915.
Hurricane season officially starts June 1, but the first named storm of the 2008 season, Tropical Storm Albert, formed on May 31. The first hurricane of the season, Hurricane Bertha, formed on July 1, reaching hurricane strength on July 7, relatively early in the season for a major storm.
In the last decade, more strong storms have been forming earlier in the season, said hurricane researcher Greg Holland of the National Center for Atmospheric Research in Boulder, Colo.
While this trend hasn't been formally linked to global warming because climate models can't reproduce individual storms, Holland thinks it's likely that the warming caused by manmade greenhouse gases is a major factor in the seasonal shift based on observations of changes in recent decades and the predictions models are making for the changing conditions in the Atlantic basin.
The length of the hurricane season is "one of the potentially big signals" that could change in response to global warming, Holland said.
Defining the season
The definition of the hurricane season depends on who you ask: For hurricane forecasters and coastal residents living in an area prone to hurricane landfalls, the standard dates are June 1 to Nov. 30. The National Hurricane Center uses these dates because historically most storms occur within that span of six months and because having a definitive time frame helps to heighten the public's awareness of the dangers of hurricanes.
But for researchers looking at how hurricane activity has changed over time, those dates don't really matter - meteorologists look at the dates of the first and last named storms in a given year, which allow them to evaluate the actual length of each hurricane season.
Since 1995, hurricane seasons have been increasing in length based on the latter definition, Holland said, with stronger storms that typically wouldn't be seen until mid-August showing up in July (Bertha, which became a Category 3 storm in the Atlantic last week, is one example).
Expanding warm pool
Like a hurricane's intensity, the length of the hurricane season is affected by the temperature of the ocean that fuels the storms. The warmer the water, the more energy a storm has to draw from.
Hurricanes and tropical storms have been forming earlier in the season recently because "we now get warmer sea surface temperatures earlier in the year," Holland explained. "The whole season has extended out."
Peter Webster of Georgia Tech put a finer point on it. "There is some work that says that the length of the North Atlantic hurricane season has become longer as SSTs [sea surface temperatures] warm up more quickly early in the season," he said.
Tropical storms and hurricanes need water of at least 80 degrees Fahrenheit (26.5 degrees Celsius) to form. The area where water temperatures meet or exceed that mark is called the warm pool.
In recent years, the warm pool has expanded, creating a larger area over which hurricanes can develop and strengthen, Holland told LiveScience. It is now reaching all the way to the coast of Africa, allowing storms to form farther east, and so giving them more time to strengthen as they traverse the Atlantic.
Bertha, for example, formed farther east than any other July storm on record.
These storms that form so far over in the eastern Atlantic are called "Cape Verde-type" storms, after the chain of islands off the western coast of Africa. Cape Verde-type storms account for a major proportion of all major hurricanes (Category 3 and higher), Holland said.
These storms tend to take a straight westward path across the Atlantic, avoiding land and cooler waters, which can kill a storm. Hurricane Andrew, which devastated southern Florida in 1992, and 2007's Hurricane Dean, which wreaked havoc in the state of Yucatán in Mexico, were both Cape Verde-type storms, along with Bertha.
Holland thinks that the growth of the warm pool will be a factor in the length of future hurricane seasons by promoting these and other early-forming storms.
Outliers ADVERTISEMENT
Other early storms, outliers to the standard June 1 to Nov. 30 season, such as this season's Tropical Storm Arthur or last year's Subtropical Storm Andrea (which formed on May 9), aren't all that unusual. Such early birds were seen even before global warming became an issue - the earliest-forming storm in recorded weather history was observed on March 7, 1908.
"There's always been the odd one out," Holland said, adding that we'll likely see more of these in a warming world.
"We have to expect that they'll be more outliers," he said, though he doubts that the official dates of hurricane season will change, since most will still lie within that window.
But these aren't the early-forming storms that Holland is worried about, because they tend to be weaker. It's the major storms, like the Cape Verde-type, that are forming in July and later that are the ones to watch out for, he said.
These shift to more major storms is also cause for concern because the Atlantic historically had fairly timid hurricane seasons compared to other storm-producing basins such as the Indian Ocean. Because the Atlantic basin wasn't optimized for hurricane formation already, "it didn't take much of a change to see a difference," Holland said.
One other way the Atlantic basin is becoming more hurricane-friendly, besides warmer oceans, is more favorable atmospheric conditions. Warming ocean temperatures also change atmospheric circulation patterns. Holland said some changes are already happening over the Atlantic and climate models predict that these changes will also tend to promote the development of storms off the coast of Africa.
"All of the stars are lining up," he said.
* 101 Amazing Earth Facts * Video: Learn What Fuels Hurricanes * Natural Disasters: Top 10 U.S. Threats
* Original Story: Hurricane Season Getting Longer
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