Post by
westcoast1000 on Apr 23, 2016 3:16am
price of oil creeps up
Brent crude just over $45 US on April 22 with WTI over $43. At $55-60/bbl this company will be rocking and making lots of money. We need to see where they are now, in terms of earnings and cash flow, in about 8 days. The well services side can carry a lot of the burden of creating earnings, as we saw in the previous quarter.
Comment by
Virgal- on Apr 23, 2016 8:50am
Yeah financials will be interesting to see. I'm also expecting that the low prices we have seen will have a residual effect that will boost their well service side for quite some time after oil recovers. If we fair well on these financials then we'll have survived a storm that many companies did not while merely gaining more jobs for ourselves
Comment by
Woody10 on Apr 27, 2016 7:24am
numbers for 2015 probably on Friday... should be the end......
Comment by
fagiani24 on Apr 27, 2016 11:23am
Let's hope after a long wait we have some positive news. Any negative news could be bad at this point.
Comment by
Woody10 on Apr 27, 2016 11:30am
just check last insider transactions and you know what's up
Comment by
fagiani24 on Apr 27, 2016 12:07pm
From what I can see there hasn't been any since 2015.
Comment by
Sheperd on Apr 27, 2016 2:23pm
I guess he sold for tax loss purpose at the lowess point... he also open a position in the same filling of 75 000$, 155 700 shares at 0.50$, he took 37500$ in loss april 20... IMHO
Comment by
fagiani24 on Apr 27, 2016 7:04pm
That's funny. If he sold for a tax loss and he felt the SP was going to fly, I'm sure u would have seen him buy again lol. Up 1200% in a month ahahahahahahahahahahahahahahhaha.
Comment by
fagiani24 on Apr 27, 2016 7:04pm
That's funny. If he sold for a tax loss and he felt the SP was going to fly, I'm sure u would have seen him buy again lol. Up 1200% in a month ahahahahahahahahahahahahahahhaha.
Comment by
Olive777oil on Apr 27, 2016 10:23pm
An insider selling 73000 shares at 0.016 per share for a total of 1168$. big deal!.....lol who cares? Why didn't he sell all his shares? The insiders own much more that 200 millions shares. This sale seems to be like a drop of water in the ocean doesn't it?....lol
Comment by
westcoast1000 on Apr 28, 2016 4:05pm
I agree Oliveoil. There are millions (85% of total) shares out there held by insiders. IMHO. WC