Oh my down again?E is down below 0.40 again! What could be going on?? The Q2 MD&A almost assured shareholders of a bright and promissing Q3. We were told various huge projects that E was a key supplier of "specialized and proprietary equipment" are resuming and E's assets are being rented and utilization rates were going to be strong.
Folks Q3 results are due within a few weeks, are the actual results going to be as strong as management and the literary wizards at Baystreet have led us to believe? Or will we have yet another quarter with weak margins and a run on cash paying "success fees" to the three bandits.
The most entertaining part is reading the regurgitated excuses for under performing forecasts.
Yup E is going to ba a homerun for investors, an easy double some say....next quarter!!!
Have a great day everyone!