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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (40172)	11/19/2010 4:00:46 PM
From: E_K_S	Read Replies (1) of 78747

DPDW - I am Deep Down into this at an average cost of $0.51/share. Not much for me to gain other than the tax loss. I may try the 31 day sell & buy back strategy. I have also (...I think) learned the lesson to let go and move on. They did get two new contracts (last year) servicing the deep water drill rigs for PBR. If they do well, there could be a lot of follow on contracts. For penny stocks some of these have performed much better for me: finance.yahoo.com I have also had regular over $5.00/share stocks that have turned into penny stocks (ie reverse splits UG!). I guess I will continue to hold to see if there are anymore unexpected write-downs. If so, I am out. EKS

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