No big deal... Just paperwork. Section III needed more clarity or at least clearer reporting. They sure own slot of stock and have more awarded and agreed to buy more
With quarter ending in three weeks, I'm a little concerned about what earnings/losses will be. This will require some patience, ENG will recover, but it is likely to take a few quarters, assuming oil industry maintains current growth rate. If oil stumbles, ENG's recovery will be delayed a little longer. Love the stock, but recent surge in unjustified, the justification will come in time however.
Great day, really happy to see some volume. A pullback is anticipated as we don't news to maintain any momentum, but the interest level going up is a positive to me. Good news will eventually be PR's, higher interest will propel it up.
Sentiment: Strong Buy
Well that's not how the form 4 reads it states Sr. Vice President bought 40,000 commonl shares and then gave his wife power of attorney.In the options derivatives area there are no checks or marks claiming it was options. On the file form 4 there is a area to specify call/put actions and that's all blank. I don't know why your persistent in trying to be pessimistic about even the smallest of positive actions or news but regardless have a great day...i guess... As for the other stuff maybe they sold some stuff to Jacobs but they aren't specific.
They (eng) claim that they are a quality company in the company of such firms as jec and Kbr
No not exactly... JEC has a market cap of 6.3 Billion they are 1000 times bigger
You're right about the volume, largely ignored and hence the share price. Volume is so slight I had to but in lots of small chucks over days to avoid running the price up on myself. A big ticket contract and PR will bring in more people. I see their vision as surviving until the oil industry recovers. Oil industry spending will grow once their coffers have a little extra cash. This is happening this quarter. Great days ahead.
Sentiment: Strong Buy
For ENG, good volume 26,000 shares. In old days was like 90,000 shares. They got awards for growth, lots of media and now what do we have? Hope you are correct about future growth and share price goes up.