This hidden gem (they do not disclose sales) in probably worth at least 1/3 of the value of GAP stock. The question is how will GAP unlock its value.
PTEN will go down once the shorts have covered. Fundamentally a broken company.
Sentiment: Strong Sell
Crude would have to make it back it $80+ to justify this price. They have so much unused capacity and day rates are coming way down. It will take years to become profitable again.
Sell now and book your profits before wall street says sell!