Bullboard - Stock Discussion Forum Cordy Oilfield Services Inc. V.CKK

Industrials

Cordy Oilfield Services Inc along with its subsidiaries is engaged in energy services and construction throughout Canada. It has two operating segments namely Heavy Construction and Environmental Services. The Environmental Services segment provides clean-up, hazardous goods transportation and containment services to the oil and natural gas industry and also to industrial and commercial... see more

Add To Watchlist

TSXV:CKK - Post Discussion

Cordy Oilfield Services Inc. > New 52 Week High, Double or Triple Soon

View:

Post by blackgold14 on Feb 08, 2021 2:36pm

New 52 Week High, Double or Triple Soon

With the price of crude oil hitting new highs recently, along with the recent JV with the first nations owned company, we should see a surge in revenues and a return to earnings growth. Cordy is a very well managed company. In the last five years, they made all the right decisions to not only survive the downturn, but to diversify the customer base into becoming a service provider in the envirnonmental and municipal sectors (non - oil and gas). The stock just hit a 52 week high and I see it doubling or tripling soon. We should be in the 5-10 cent range within the next month or so if the price of crude stays in the current range or moves higher. Let's thank the fake media appointed US president Biden for destroying jobs in the oil and gas sector within two weeks through a series of executive orders - we should see crude prices remain firm or higher for the foreseeable future. There are 10 million shares on the bid from 1.5-2.5 cents, not many on the offer up to 6 cents. So what do you think will happen ? LOL.

240