GASFRAC Energy Services Inc. GSFVF

They sold that equip to canyon

[Thanksforplaying]

Frc news today. They say they bought 9 mil of equip from gfs.  Shows they are talking.  Hopefully at some point they buy the whole company!

[charbsey]

I don't see that happening . Share holder wont sell until they see their 14 $ back

[Thanksforplaying]

Ha.  There are enough shareholders in much lower.  If there is a 5 buck offer this baby is long gone

[ac0001]

For 5$/sh! I'd sell in a heatbeat!!! It's a premium of roughly 200% over the real value of the company! Sorry for those who bought at 14$ but it never going there again in your life time. ac0001

[stockhiker]

There is NO sign of a breakout over $2 and anything over $2.50 is a distant memory. i will decide after Q1 results

[charbsey]

sorry you feel that way ac0001 . I wont be surprise if this goes 20 + in 10 years or so . I don't think this company will sell out . they have too of good of a product and its going to lead the future business I have 70 more years to live ... I'm sure I will see the grow

[ac0001]

Hi charbsey, Two points. The first if you calculate the ROI with your numbers, it's come out to 25.6% a years, with a present value of 1.80%. Way to optimistic with a management that is consitely under performing... A ROI of 6% is more likely. The second, there is a time frame in witch a new technologie have to penetrate the market. Gasfrac miss the train on that regard, new technologies are

[charbsey]

Hi ac0001 Your right my numbers don't make any sense . just have a hard look before you make that decision . the company has debt but soon to be over . around 10 million . also someone mention they had to sell a rig to pay their debt? Well I hope they sell out of rigs and buy 5 new one and will call it ( next generation rigs who wants one ! )

[Thanksforplaying]

Ha. 20 bucks!  Are they rolling it back? First,  yes they would sell out in a second!  They would sell for 3 bucks a share!  Have you looked at their latest financials?  They are broke!  No cash. Hence they sold some of their equipment.    Moreover it's not their choice to sell, it's the shareholders.  If someone put out a 3 or 4 bid I bet 60

[charbsey]

Yes people will bite the worm . if your smart you only sell half .