Earning write downs coming as growth is stymied.......we see hek drop like a rock as it falls thru 3.7 supports being taken out......a lot of penny stock promoters here. Was there an institutional conference yesterday? FAIL!
Snyde: You say "Earning[s] write downs coming." What does that mean? Nothing. A "write down" means that some asset on the company's books is being written down, against earnings. What asset or assets of Heckmann are going to be written down, and why? If you are going to be blowing smoke, at least have the decency to blow it out of your mouth, rather than your rear end.
There will be write downs related to the consumption of power fuels and the move from coraopolis to Scottsdale.....there were dual items that had to terminated that will be charge....watch for weak earnings and the stock price is revealing it now.....lower lows every week.....drilling and therefore hek growth is slowing
These pumpers will learn soon.....ur #$%$ will feel it and so will your wallet-no retirement or kids college money....ouch!