This is depressing! It has gone down over $10 in a week....do you think something bad has leaked? does anyone think that it will even get back up to the lower $60's? I thought it would for sure RISE before the earnings release...now I am worried it will go even lower once the earnings report is released!! Thoughts?
Market is pulling it down now. Earnings not leaked. May not make expectations--that would take it down further. So the safe bet is take profit now and wait for data if you entered recently. If your buy was over a year you may want to ride it down for now. Cheers
Lower. Sold out at $53. Looking for re-entry between here and there. But for today--big sell off for taking profits and preserving capital. Recovery won't occur until at least next week. So patience is the word. Cheers.
The perfect storm. All of the frac sand stocks have had huge runnups in the past year and we just happen to be going thru an industry correction at the same time as the entire market is getting hit. Nothing has changed as far as the bright future and fundamentals of this company. I bought some more today.