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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (34305)5/4/2009 9:47:08 AM
From: E_K_S  Respond to of 78735
 
Deep Down Receives Deepwater Project Orders
Monday May 4, 2009, 8:00 am EDT
finance.yahoo.com
From the article:"...Deep Down received its largest loose-tube steel flying lead order to-date for a deepwater oil & gas development off the west coast of Africa. With much of this development in more than 8000 feet of water, Deep Down's deepwater service team will supply more than 30 of its innovative loose-tube steel flying leads along with associated subsea components. The order requires first delivery in mid-July 2009, with completion by October 2009...."
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The stock should move higher as long as new orders keep coming in. It's interesting to see that their orders are not exclusively with PBR off the coast of Brazil but now their reach is into the west coast of Africa.

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Brazil companies are approaching new recovery highs. Hopefully the bottom for these stocks was made in March.
finance.yahoo.com

EKS



To: Paul Senior who wrote (34305)10/21/2009 1:23:41 PM
From: E_K_S  Read Replies (1) | Respond to of 78735
 
RE: DEEP DOWN, INC. (OTC BB: DPDW.OB)

This penny stock has been moving. It has been off my radar screen until I looked today to see it 50% higher since my last buy. They seem to be landing new orders consistently.

Deep Down Receives Another Order On West Africa Project (10/7/2009)
finance.yahoo.com

Deep Down, Inc. (OTC Bulletin Board: DPDW - News) announced today that it has been awarded a contract in excess of $600,000 to provide Steel Tube Flying Lead (SFL) installation equipment to a European Installation Contractor for a project scheduled for late 2009 or early 2010 off the coast of Ghana, West Africa. This award comes on the heels of the previous Deep Down award for 39 Steel Tube Flying Leads (SFL) from the Operator of the same project announced on May 4, 2009.

EKS