One of message board members posted Deep Down, Inc. (DPDW.OB) on our message board approximately four months ago when the price was trading for as little as 50 cents. Since then the company has announced many significant events and received analyst coverage from Dahlman Rose & Company, a highly esteemed research investment bank.
Yesterday Deep Down reached a new all-time high of $1.24 after the company announced that it has secured over $22 million in floatation contacts and expects to close over $8 million in additional contracts within the next few weeks. The company has an exclusive agreement with Matrix to introduce its complete line to the U.S. Market.
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