will take time because they can not afford any mistakes .Expect this POS to print all time low with in a week
here you go Shorty :::"Flotek’s performance in the second quarter, especially when considering the impact of Canada and chemistry repositioning, is a testament to the continued efforts of our entire team that is intensely focused on building a best-in-class oilfield technology company," said John Chisholm, Chairman, President and Chief Executive Officer. "Moreover, trends in the quarter suggest the second-half of the year will be the most successful in Flotek’s history. We expect industry-leading growth in revenue and profits in the coming quarters."
Short more please
miss in Canada cost 3 mil I understand the concern . I am a buyer on any puke willing to wait for FTK to kick it into high gear.
agree again Joey if you are right I buy you a drink. Rather you right then me . either way future for FTK is bright .LOL... GL
Joey would be nice if you are right BUT allays better to expect 26 to 28 cent and see a 30 cent # you will not be disappointed that way.. 35 % increase HAL fluids is not all FTK either .
they do have small Russian exposure along with Argentina .IMO will not be an issue but in this tape who knows what folks trade off of.. Again Middle East will be key
28 to 30 cents very doable 40 cents is crazy . Also Its what they say about Middle east and now what going to happen in Russia . Breaking 50 ma and trading lower like a few posters here have pointed out not a good sign in short term ..
I am long this POS and have lost allot money in Canadian equities over the years. Canada regulations are weak because the government wants to attract EZ money into the high risk resource plays. If PWE was a USA company the entire previous board would be looking at jail time. In fact by signing the quarterly reports over the past 12 months George Roberts could be sent there as well if this latest issues are not resolved. Georgia I am still long PWE need to ask one question , how could the current management MISS this error in the accounting? They told ALL shareholders last year that they examined every thing at PWE ? IMO that would HAVE required a forensic / independent accounting of the books at that time!!!. George ran a major company in Canada so he should have had access to the best. HOW DID THEY MISS IT ???????????????
That kind of tout belongs in a room full of brokers at Stratton Oakmont . Pure speculation and to post stuff like that is unprofessional to say the least. Everyone knows that FTK private labels for many of the Oil service providers and its increasing . They also have reached tipping points in 3 of the major basins with more to follow. If your speculation had merit of a beat that significant John Chisholm would have pre announced it.. Believe me I would like to see your forecast be be spot on because I am long a ton of FTK for clients ,friends and family . A word of advise curb your enthusiasm because in the end you will be disappointed. . Please do not be offended by my post It is written to help others including yourself. Good LucK . !
Pal only difference is 4.5 Millions acres of oil/gas producing land . Keep shorting . U are right they have not been successful for sure but PWE is on the block .