I can't believe how badly this stock acts in light of its fundamentals. I realize there is a big overhang of shares to be sold but still the management should figure out a way to deal with it and get it out of the way. I sold my stock a while back because it was wearing me out but I would like to get back in if I knew there would be some resolution to this situation.
I think this stock suffers from being considered as primarily or strictly a fracking play. With the uncertainties regarding the newly energized regulators, investors simply shy away and the pps stays flat in spite of the current fundamentals.
Its price is flat because earnings are expected to decrease next year because of pricing pressures. Now if that changes or they expand internationally where earnings begin to grow, the price will move upward. Until that happens, why buy for growth. At best it is a trade but with a tight chart pattern.