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Flotek Industries Inc. Message Board

  • honestengine_rh honestengine_rh Mar 12, 2013 10:41 PM Flag

    ESTIMATES UNCHANGED

    That is always a bullish sign. I say they beat estimates handily with sales of $80M+ and EPS of $.22. BTW, this board sure is quiet compared to the old days.

    Sentiment: Strong Buy

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    • I also believe they will beat estimates by a large margin. With 9% short and a very low float, we could see a rapid move to the $16 range. Both short and long term prospects for FTK look excellent. I have to complement management with their emphasis on long term strategic planning vs. the short term profit mentality of most US companies. FTK has positioned themselves to take maximum advantage of the American energy boom while constantly improving their financial position. I will be holding my position and looking to add on any pullbacks. Late.

    • yea, not many followers for a stock approaching 52 week highs with earnings out tomorrow, they are after the close right? are others planning to take some profits if we get a good beat and a price well into 15s or 16s? I have been waiting for it to push higher on good earnings news and then sell some high priced calls ~17.50s.

 
FTK
16.17+0.070(+0.43%)Jan 30 4:05 PMEST

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