RE:RE:I'm a buyer at .45 - .50
GoldenDilemma wrote: Remember guys, previous resistance will be support (at least for some point). If you were here long enough to remember how SNS had difficulties breaking through .50, and mid/high .40's, that's where we will be bottoming in the short term. More risk:reward in your favour buying there for a swing. Still bearish macro. Keep that in mind and don't end up a bag holder. The company is great; the current macro isn't.
Well stated - All frac sand companies are getting crushed.
Haven't been up to speed on the latest macro developments but what has changed so materially that has caused sentiment to be so bearish? I know long-term demand is still projected to increase significantly.
HI-Crush went from $4 to $20 down to $8 and may head back to $4/5 range again! - just crazy.
I did notice that there has been some insider buying in the .60c+ range recently so it give confidence that management believe the bottom is soon to be in.