Watch List for Thursday - DTRO
Hototc.com <info@hototc.com>
date: Wed, Jul 21, 2010 at 5:22 PM
My new big pick is DTRO
DTRO is back on the radar. It has been trading in a fairly tight range which is always a prime setup for a possible breakout.
The volume has also picked up over the last 2 weeks which may mean there's buying pressure building up.
There's a few catalyst that might cause DTRO to break out...
Last week the company reported that its subsidiary Elasco Inc increased revenues 60%!!
Earlier this week DTRO announced a new customer win.
Deltron’s wholly owned Elasco, Inc. subsidiary has been selected to provide high end polyurethane wheels to Matthews Studio Equipment, Inc., a leading global supplier of lighting and camera hardware to the entertainment industry.
DTRO is also pursuing patent approvals for 3 new airflow components for their breathing equipment.
As you can see DTRO has been doing quite a bit and the recent developments may put the company into the spotlight.
With DTRO trading at a 6 month low the potential for a gain is there.
View the chart here: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=dtro&sid=0&o_symb=dtro&freq=1&time=7
DTRO's biggest asset is their breathing systems.
DTRO through it's Blu Vu Deep Oil and Gas Exploration, Inc. division, is developing innovative rebreather equipment to aid in preventing and containing offshore oil spills.
The Company has designed proprietary closed circuit rebreather systems to enable commercial divers to reach greater depths, stay underwater longer, increase productivity while submerged, and reduce decompression and recovery time.
After the disaster in the Gulf, there's going to be an overhaul in offshore explorations, and current rigs will probably have to be checked.
New and better equipment will be needed for deeper inspection of underwater rigs. DTRO's solutions could be in high demand!!
Deltron’s solutions are engineered to allow offshore drilling companies to provide more comprehensive equipment inspections and thorough maintenance operations as well as maximizing diving time when needed during critical spill containment maneuvers.
Henry Larrucea, Deltron CEO, commented: “The BP spill and its disastrous effects on the environment and economy of the Gulf of Mexico highlight the urgent need for better deep sea maintenance and prevention solutions for oil and gas exploration and production. Our Blu Vu rebreather technology is designed to maximize dive time and diver efficiency in order to enable offshore drillers to provide better regular inspection and maintenance and fast, effective response to equipment failures, leaks and spills.”
President Obama has signed an executive order establishing the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling to take a comprehensive look at oil and gas industry operations and regulations.
It will consider the root causes of the disaster, offer options on safety and environmental precautions to prevent additional spills, and issue a report within six months.
DTRO is currently trading for just a few pennies, and a recent dip could be seen as an opportunity to get involved. Start your research at http://www.dtro.com Always do your own research and consult with your own financial professional. |
