Thu, Apr 17, 2014, 8:03 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

C&J Energy Services, Inc. Message Board

  • dagger452003 dagger452003 Aug 11, 2012 12:01 PM Flag

    hampton...

    Your informative posts are greatly appreciated !!!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The shorts are hoping that oil is going to collapse like Nat gas did. Also the rigs that have moved from Nat Gas basins to oily basins have put downward pressure on drilling margins. Other thoughts are no barriers to entry the fear is there will be an overbuild of rigs leading to additional margin compression. All the negativity about fracking. Earthquakes, water use, aquifer contamination. Oh I forgot to mention Guar costs. Lastly Obama and the green movement. I think it is all overblown and this is a buy of a lifetime.

      • 1 Reply to mountbiker999
      • You're very welcome.

        I think the short case is sort of timing based. All the risks to CJES are macro (regulation, overbuild, rig count), so potentially you could see a rapid selloff and make a ton of money. The bull case is slow and steady, and there's all the IPO shares providing overhead resistance, so shorts figure they have time to get out if the trade starts moving away from them.

        However with shorts as % of float near record highs, there isn't much room for error anymore. They are playing with fire.

    • I'm long this stock and have been for several months. Just curious as to why the short loadup on this stock. This stock has great earnings and is undervalued compared to its peers. I don't see fracking going away esp in the states that CJES operates. I think its only a matter of time until this stock either runs up in price or is bought out by a bigger company. Either way I would not want to be short.

    • I agree....thanks for the great info!!

 
CJES
30.25+0.41(+1.37%)Apr 17 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Advanced Micro Devices, Inc.
NYSEThu, Apr 17, 2014 4:00 PM EDT
Snap-on Inc.
NYSEThu, Apr 17, 2014 4:01 PM EDT