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Basic Energy Services, Inc. Message Board

  • flanigan1877 flanigan1877 Dec 2, 2009 1:36 PM Flag

    check insiders at yahoo

    20-Nov-09 HUSEMAN KENNETH V
    Officer 10,000 Direct Purchase at $6.53 - $6.6 per share. $66,0002
    20-Nov-09 MOORE THOMAS JR
    Director 10,000 Direct Purchase at $6.54 per share. $65,400
    5-Nov-09 WEBSTER STEVEN A
    Director 35,000 Direct Purchase at $6.57 - $6.75 per share. $233,0002
    4-Nov-09 WEBSTER STEVEN A
    Director 15,400 Direct Purchase at $6.75 per share. $103,950

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    • Yeah, I saw that too. Looks like these were open market purchases vs. options conversions. Agreed?

      Also they are at a Merrill-Lynch conference today and tomorrow and that may also be tweking a little interest.

      I believe this company is about as sold off as it can get (unless the market overall takes another big whack...then it will go down bitime with it) and with oil and gas rig counts also near lows...BAS should, over time, get back above $10. I'd like to think this thing can make back into the teens sometime in 2010.

 
BAS
0.85+0.01(+0.81%)Jul 27 4:00 PMEDT