Stock Alert: Small Public Company Contracts World Leader in Underwater Deep Recovery!24 February 2006
Wall Street News Alert's "stocks to watch" thismorning are: Deep Blue Marine Inc., (OTC: DPBM), Chevron Corporation (NYSE: CVX), Advanced Micro Devices (NYSE: AMD), and Grey Wolf, Inc. (AMEX: GW).
One stock that may show some potential as the markets begin trading thismorning is Deep Blue Marine Inc., (OTC: DPBM). Yesterday after the stockmarkets closed, the company, involved in deep water salvage, issued a pressrelease announcing that it has signed a consulting agreement with Jim Crossof American Fork Utah, the president of Cross Marine Projects Company.
This may be the type of news that investors want to hear! Mr. Cross hasdeveloped several technologies in the areas of sonar and echo location usedfor under water survey and object location. When the Space ShuttleChallenger was lost, Mr. Cross and his company were contacted to aid in therecovery operations. Mr. Cross has recovered F-16 fighters for the US AirForce, as well as other military aircraft using equipment he built anddesigned. Mr. Cross has also performed major underwater contracts for theUS Navy, The US Army, The Bureau of Reclamation, The US Department of theInterior and many other agencies.
Wall Street News Alert is putting aggressive investors on high alert tocontinue watching this company! According to the company, it has identifiedseveral historic wreck sites and is preparing to survey those sitesstarting March 6, 2006.
Above and beyond his expertise in sonar location Mr. Cross has lead diveteams all over the world from Kuwait to the Amazon and recovered large andsmall items for governments and individuals using specialized equipment andmaterials. When that equipment was not available, Mr. Cross invented itand has on many occasions succeeded when others failed. In his diving andrecovery history Mr. Cross has never lost a diver, nor has his company everhad a serious diving injury. His safety record is exceptional and for thisreason Mr. Cross is sought after world wide on the most difficult dives andrecovery projects.
Prior to yesterday's press release, the stock closed yesterday at Sixtycents a share. In the past month, the company's stock has risen from twocents to as high as one dollar a share.
To view a detailed, in-depth profile of Deep Blue Marine, visithttp://www.thenewssvc.com/DPBM022106.html
To view all of Wall Street News Alert's special early morning tradingalerts for this morning, visit www.WallStreetNewsAlert.com, where you mayalso sign up to receive free email alerts in advance of our press releasesbeing issued.
In case you are not familiar with the company: Deep Blue Marine, Inc. isengaged in deep water exploration and recovery of important treasures andartifacts worldwide. In the coming season the company will dive on knownand permitted wrecks as well as establish exact locations of other knownwrecks. All work will be video recorded.
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Stocks showing interesting activity yesterday at the close of the regulartrading day were: Chevron Corporation (NYSE: CVX) up 1.2% on 9.6 millionshares traded, Advanced Micro Devices (NYSE: AMD) down 0.6% on 13.9 millionshares traded, and Grey Wolf, Inc. (AMEX: GW) up 0.4% on 7.9 million sharestraded.
Commentary:
"Gift cards helped January retail sales to edge up by 2.3% and an 8.8% riseover the previous year. Many consumers complain that some gift cards areharder to redeem than others, namely those that are issued by banks.Regardless, the $110 billion sold in 2004 are expected to triple by the endof the decade according to a Nilson Report," stated Sonja Rudd in WallStreet News Alert's daily commentary continued at:http://www.WallStreetNewsAlert.com.
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