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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 > back up the truck?
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Comment by bbwiboneon Apr 12, 2020 6:50pm
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Post# 30901363

RE:RE:RE:back up the truck?

RE:RE:RE:back up the truck? Well, the company is one of the top performing oil services, one of the few with revenue growth and positive earnings, and nearly no debt - what is a fair price, the 5 year chart doesn't look good at all. Why stay public when service companies so beat up? Besides, with 38%+ of insiders already locked up, it really doesn't matter why. And can you see any public shareholders voting no? If they pulled it for some reason, it would be chaos and no one would vote for it at a lower price. Mgt would likely lose their jobs and the company would lose all credibility.
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