Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Strad Inc STRDF

Energy
Strad Inc provides rental equipment and matting solutions to oil, gas, and energy infrastructure sectors. The company also focuses on upstream oil and gas which involves drilling and completions, and energy infrastructure which involves pipelines, power transmission, and facilities construction. The solutions provided by the company are surface equipment, environmental and access matting, solids control and waste management, drill pipe, ecopond, and matting manufacturing. The operations of the c


GREY:STRDF - Post by User

Strad Inc
Bullboard Posts
User Avatar Image
(0)
•••
Comment by griffpon Feb 20, 2013 3:15pm
219 Views
Post# 21018209

RE: RE: RE: RE: RE: sinking fast

RE: RE: RE: RE: RE: sinking fast

Agreement on all comments and observations since I have seen this all before also....but not in a company with this structure.  Two years ago the financials were solid and the stock price  reflected that.  Even with a sizable drop to the 4.50$ range, the company was undervalued and prime for takeout ...which surprisingly did not happen even in a very positive market.  At 3.50$...the negative income statements are starting to worry me.  If this negative pattern continues, who in their right mind would want to buy a company awash in red ink...going forward...at any price?   I await the conference call and quarterly report...and hope those registered will ask some tough question and we get some straight answers.  I re read 8 quarterly reports and guidance .....and unless I am missing something....I don't see anything to explain the 40% swing in stock value in one year.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities