RE:RE:RE:RE:RE:RE:Year end and Q1Good post Magic - I thought I would add my two bits - I owned Badger nearly ten years ago in the 3 to 4 dollar range - I ended up selling in the 6 or 7 $ range thought I had done well - I do remember Bad in the early days was suffering from the same growing pains. The equipment is just plain expensive and when you see more demand you simply want to get more trucks out there and this ends up showing poorly on the bottom line. Might take a couple of years, who knows, it is going to depend on how many trucks they keep putting on the road but the bottom line will grow and at so point likely quite rapidly.
In addition to this, I am down in Southern Alberta, and I was driving down the road today and saw a Lonestar truck in front of a motel and the driver was by the truck. I pulled over and asked the fellow if things were busy for them this winter. He told me they have gone flat out all winter with basically no let up what so ever. This rather echos the same comments that Pagoda has been talking about for some time now. If the sale continues I'm adding.
GLTA