Here is an interesting view on the markets. ENG is not the focus but mentioned among its peer group in an unbiased way as a possible performer. Click within on ENG to see the chart in context to the article as base building. Looks like the pennant ought to close around earnings.
How good will the 4Q earning be? I made a post about 4Q and YE on my blog along with ENG expansion comments on 12 January. This was posted before the ENG made its formal lease announcements. You may notice I mentioned ENG growth and backlog as the need for expansion confirmed by their release. Also confirmed was my theory for what the expansion will be used for. The point here is that I did not get any special information to figure out what is happening. This is predictability you can get from public information available to any investor at the annual meeting and tours along with the plethora of information within written announcements and verbal conference calls (i.e. continuing operations). You then need to apply careful analysis. Sure it takes time, but you get to the bottom of the truth.
There are plenty of basher detractors here offering very shallow and craptastic advice. Ask yourself what is their purpose and whom they work for? Once you answer that you start to see they simply ignore facts and truth that are published and history. Makes hitting that ignore button easier. The facts are right there in the numbers reported. Additionally, as reported on Nasdaq and mffais (add the Ws & com – then enter ENG and drill) institutions are buying in – including significant repurchase by Jeff Gendell – all facts. ENG will have a huge record year reported on 9 March. ENGlobal is growing at a huge rate. See my blog for more ( t38pilot8202.blogspot – add the Ws & com ). Good luck to everyone.