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RockingStocks.com Stock Picks June 12th, 2008 Rockin’ Stock Pick: Deep Down, Inc. (DPDW.OB) Current Price: $1.22 Deep Down, Inc. is a company that provides innovative solutions, installation management, engineering services, support services, custom fabrication and storage management services for offshore drilling industries. DPDW has grown revenue the last two years from $978,000 in 2006 to $19.4 million in 2007. The company produced net income of $953,000 last year and had nearly a 5:1 current ratio. With the seemingly inevitable need to start drilling off the shores of the United States, we believe that DPDW is a reputable, well-established company ready to exploit the increased demands of the drilling industry. DPDW has nearly doubled from $0.65 in mid-February to the current price of $1.22.
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Disclosure: RockingStocks.com is owned by SpeculatingStocks.com, Inc. SpeculatingStocks.com, Inc. is not a registered investment adviser or broker/dealer. SpeculatingStocks.com, Inc. makes no recommendation that the purchase of securities of companies profiled in this Web site are suitable or advisable for any person or that an investment in such securities will be profitable. Generally, given the nature of the companies profiled and the possible lack of liquidity for their securities, investing in such securities is highly speculative and carries a high degree of risk. Never invest based solely on information from this Web site or our email alerts.
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