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Cal Dive International Inc Message Board

  • doogle60 doogle60 May 1, 2013 7:34 PM Flag

    Net net it was pretty much what was expected

    Read the report......Remembering they warned, so basically I would say no real surprise here....Its still
    a company that in my opinion is a possible takeover at these levels. People have to remember this was a 15 dollar stock in 09 and an 8 dollar stock two years ago.........So where it is now is really dirt low - all the bad news has been loaded up in DVR.....So if your long best to just wait it out if you dont have to sell. But again, I dont really see any super negative news in the report.....Its what I basically expected ...JMHO D

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    • right, they said they would fall short ... We know they have increased backlog now with large Pemex project.. I think there will be more projects to come... gulf work should be good this summer They beat last yrs rev and eps by considerable margin, so considering , like you say, there low pps. this is bargain price.. Why would institutional investors be buying millions of shares at this level if no possible turn around ? I think take over is real possibility in near future too.. HAL is blossoming now and Chevron has a lot of work... Keep your eye on the prize...

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