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Calfrac Well Services Ltd T.CFW

Alternate Symbol(s):  CFWFF

Calfrac Well Services Ltd. is an independent provider of specialized oilfield services in North America and Argentina, including hydraulic fracturing, coiled tubing, cementing and other well stimulation services. Its North America segment provides fracturing services to oil and natural gas companies operating in the Williston Basin located in North Dakota and the broader Rockies region. Its Argentinean segment provides fracturing, coiled tubing and cementing services to oil and natural gas companies operating in the Neuquen, Las Heras, and Comodoro Rivadavia regions. It provides solutions for fresh and high TDS brine applications, support for high viscosity friction reducer fracture fluid systems, along with all traditional industry applications of gel based, crosslink and energized fracturing needs. Its coiled tubing service line offers capability in coiled tubing completions and interventions. It offers primary and remedial cementing services in a variety of wells.


TSX:CFW - Post by User

Bullboard Posts
Post by david39on Nov 16, 2010 6:25am
557 Views
Post# 17711016

Re:CFW

Re:CFWCFW- On Monday with high volatility. The stock gapped significantly lower and opened at
.36. That move attracted some investors and they were able to drive the price to
.39. But that price could not be maintained and by the afternoon, it hit a low of
.35, which we told investors, would be a good stop loss. People are stepping away from CTIC for the same reason. This stock has been trading in a tight range but yesterday, the price broke below
.38. Although it bounced off that level, there is a growing risk that it continues to slide.
Bullboard Posts