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CARBO Ceramics Inc. Message Board

  • stevendinkel stevendinkel Jan 11, 2013 12:56 PM Flag

    Weaking Bid

    Does not bode well for upcoming earnings release. If weakening demand for CRR proppant due to foreign suppliers, then unabsorbed overhead expense, as the case in Q3, will hit earnings significantly. CRR building capacity/overhead costs in the face of increased competition is not good. Now even more interested in seeing stock movement ahead of earnings and actual earnings release itself to substantiate if China & Russia proppant taking share from CRR

 
CRR
37.02+2.31(+6.66%)4:00 PMEDT