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Hyduke Energy Services Inc. HYKCF

"Hyduke Energy Services Inc is an integrated oilfield services company engaged in the manufacture, repair and distribution of oilfield equipment. The company operates in three segments, Manufacturing and Fabrication segment that designs, manufactures, refurbishes and repairs land-based drilling rigs, well servicing rig, drilling support equipment, workover support equipment, storage tanks, custom steel fabrication and custom machining; Supply and Service segment that includes the procurement and


GREY:HYKCF - Post by User

Bullboard Posts
Post by valueplaysonlyon Oct 25, 2012 5:48pm
398 Views
Post# 20525054

I dont see any one making offers

I dont see any one making offers

This envoirnment is way too uncertain .  Oil    has free falled ten bucks in the last  6  weeks and   shows no sign of bottoming out.  Precision  Drill   had terrible results   released today.    When  I see "the data room "  opened its my  cue to sell.  How many  other companies have put themselves on the block  for sale with no takers.   It  just amounts to a  "  free  peek  and seek"  with a bunch  of tire kickers.  If you put yourself for sale you never get offers.   Companies  taken  over   most of the time are  "  not up for sale " reflecting a desirability over  a sign of desperation.  I  think  Q3   will  be ugly  just as PD  released terrible results.  This  had big volume in   58 cent area  and then a climb   to  85 cents and  I  will  look for retracement  to   65    or 70 cents before I re consider.

Bullboard Posts