RE:RE:stock split & future?
Chart and technicals would suggest it is going to roll over, but for how long and where does it catch is the real question. Longer term financials suggest Adjusted earnings of $1.06 for 2014 followed by $1.40 in 2015. Again, question is how much of that is baked in, and what catalysts are still on the horizon. The new solid chemistry reactors went live in Q1 and they are highest margin growth potential. It was working on 100 wells as of last notable update and the client in question had something like 2700 wells in that particular field.
I've been in stock splits before and seen a couple do well and others languish. Roll the dice on whether increased liquidity and more "affordable" sp makes a difference.