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Strad Inc STRDF

Energy
Strad Inc provides rental equipment and matting solutions to oil, gas, and energy infrastructure sectors. The company also focuses on upstream oil and gas which involves drilling and completions, and energy infrastructure which involves pipelines, power transmission, and facilities construction. The solutions provided by the company are surface equipment, environmental and access matting, solids control and waste management, drill pipe, ecopond, and matting manufacturing. The operations of the c


GREY:STRDF - Post by User

Strad Inc
Bullboard Posts
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(2)
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Comment by griffpon Feb 20, 2013 3:15pm
221 Views
Post# 21018209

RE: RE: RE: RE: RE: sinking fast

RE: RE: RE: RE: RE: sinking fast

Agreement on all comments and observations since I have seen this all before also....but not in a company with this structure.  Two years ago the financials were solid and the stock price  reflected that.  Even with a sizable drop to the 4.50$ range, the company was undervalued and prime for takeout ...which surprisingly did not happen even in a very positive market.  At 3.50$...the negative income statements are starting to worry me.  If this negative pattern continues, who in their right mind would want to buy a company awash in red ink...going forward...at any price?   I await the conference call and quarterly report...and hope those registered will ask some tough question and we get some straight answers.  I re read 8 quarterly reports and guidance .....and unless I am missing something....I don't see anything to explain the 40% swing in stock value in one year.

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