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Cordy Oilfield Services Inc. V.CKK

Industrials
Cordy Oilfield Services Inc along with its subsidiaries is engaged in energy services and construction throughout Canada. It has two operating segments namely Heavy Construction and Environmental Services. The Environmental Services segment provides clean-up, hazardous goods transportation and containment services to the oil and natural gas industry and also to industrial and commercial customers in Alberta. The Heavy Construction segment services include pipeline integrity management;...


TSXV:CKK - Post by User

Cordy Oilfield Services Inc.
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Comment by chalkmarkson Jun 26, 2011 10:13am
355 Views
Post# 18765882

RE: RE: Someone Shorting Cordy

RE: RE: Someone Shorting CordyFirstly, I don't think it's Carson Block selling!

This may well be pre-selling by principals of the now being acquired company - RB2 Energy.

Urgent personal cash needs may have galvanized the takeover, even though $200k doesn't seem like a whole lot.

I'm less nervous about this stock than any others in my portfolio; call me crazy, but CKK has cash-flow and diversification - they will thrive going forward unless the wheels come off the world economy.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities