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Old 05-09-2008, 11:59 PM
Jack_E-T Jack_E-T is offline
Sophmore Trader
 
Join Date: Jan 2008
Location: Texas
Posts: 36
Default Happy with DPDW

I would like to add my two cents re DPDW. After learning a few lessons the hard way, I try not to pay much attention to a pink sheet or BB stocks story as I think almost all are BS. I try to base my buy/sell decisions of penny stocks on TA. But Deep Down just may be the exception. I live about 20 miles from their location in Channelview Tx. and drive by there often on I-10. There is always a lot of business activity and all appearences of a legit company. I can't make myself pull the sell trigger and take profits even though I am up 100% after today. I think this stock could really take off this year because of the business they are in. Offshore oil business is really heating up with the price of oil soaring and new reserves being discovered off the coast of South America and drilling in the Gulf of Mexico picking up. Deep Down may be posturing quite nicely to be a buy out candidate by a well established company like, maybe, a Haliburton for instance.
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