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ACT Energy Technologies Ltd T.ACX

Alternate Symbol(s):  CETEF

ACT Energy Technologies Ltd., formerly Cathedral Energy Services Ltd., is a Canada-based energy company. It is a partner to North American energy companies requiring high-performance directional drilling, measurement while drilling (MWD) and rotary steerable services, as well as in providing remote operations. It operates in Canada and in the United States as Altitude Energy Partners, and in the United States under Discovery Downhole Services and Rime Downhole Technologies. The Altitude Energy Partners specializes in providing solutions for the energy sector. Its directional drilling services includes mud motors, rotary steerable system (RSS), measurement while drilling (MWD), and real-time operations. The Discovery Downhole Services specializes in providing drilling solutions to meet clients' needs. The Rime Downhole Technologies is an engineering company specializing in crafting products for the downhole MWD industry. Its services include rentals, training, maintenance, and repairs.


TSX:ACX - Post by User

Bullboard Posts
Post by ERTguyon Jan 01, 2018 9:47pm
138 Views
Post# 27258634

RE: insider selling

RE: insider selling
wby has no one mentioned the 435k shares that Dan wilks purchased on December 18th?  The insider selling is but a fraction of Wilks' purchase.  now I can see based on the chart activity that this has been the only reason for the recent weakness which is complete nonsense.  The only reason for the selling is year end profit taking and nothing more.  the volume of shares sold is not concerning by any means.  Oil breaking loose in Asia tonight so it's setting the stage for a solid few months for CET.  I'll be buying more in the morning.  
Bullboard Posts