GASFRAC Energy Services Inc. GSFVF

Interesting rally ahead of tomorrow's financials

[VPofFNE]

Somebody is betting that GFS will have improved earnings tomorrow. That was quite the 2nd half run today. Let's hope they're right.

 

VeeP

[Wellsitter]

The patch is relatively slow for most services with the exception of the usual pre-break-up rush. When times get tough, Halliburton and Schlumberger will discount below the little guys ability to break even and the only iron moving will be red or blue. I wouldn't be surprised if GasFrac is toast by October.

[VPofFNE]

Although I agree with you that Haliburton and Schlumberger will discount to try to keep their machines moving, I don't see rigs switching too quickly. They have the guys they like to work with, and are comfortable with. The discount would have to be substantial as Hal & Schlum are both only average service providers to the mid tier drillers.   It will be interesting to