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Bullboard - Stock Discussion Forum FAIRMOUNT SANTROL HOLDINGS Inc FMSA

"Fairmount Santrol is one of the leading suppliers of proppants used in hydraulic fracturing of oil and gas wells. The company produces value-added proppants such as resin-coated sand, as well as untreated \"raw\" frac sand. The company also supplies sand for various industrial applications, such as glass-making."

NYSE:FMSA - Post Discussion

FAIRMOUNT SANTROL HOLDINGS Inc > Unfairly hurt by shorts
View:
Post by jeffrey8 on Jul 24, 2017 2:21pm

Unfairly hurt by shorts

This one is getting hammered by shorts. Good news today and stock is down. Numbers out next week will confirm that company is doing very well. Shorts will give up eventually and I think this one will move higher very quickly. great example of the dark side of shorting when they gang up against a company that is performing well operationally.
Comment by Atomicboy1 on Jul 24, 2017 8:09pm
Majority of the frac sand companies have dropped significantly the past couple of days. My understanding is, it's because of a news release on Friday by a frac sand company which indicated they where going to develop a mine in the center of the permian basin which was followed by a report today from Halliburton that indicated the market will be over supplied with sand in 2018. The news about ...more  
Comment by easyeasymoney on Aug 03, 2017 8:40am
My guess is that the earnings will clear out the shorts and the bottom was in yesterday.
Comment by masfortuna on Aug 03, 2017 2:39pm
Nope.  Not even close.  Was up 16% yesterday in the after hours market and opened today nicely.  Here we are in the red and a new low. Wow...I think if Sprott is holding 20% sand, they are taking a beating BUT I don't think they do anymore  ;) Mas
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