I gave myself a thumbs down. Completely missed the announcement. No excuse but on the road for vacation. My apologizes to all. So far the share price is doing well.
Panic is good! I added as I could, 200 shares at 33.85. Time will tell. It pays a div and is really cheap here, just my opinion. Best to all.
One day does not make a good investment. Check the 1 year chart. I sold most at $5.22 or $10.66 with the split price. Will not see $10.66 for a long time.
I plan to hold, I have a bunch of shares and think we need to pressure the IR people to do something. I wish I was near Houston as I would attend any meeting I could. Does not hurt to make the IR people and Board of Directors look stupid. Still think we will see over $4 this year, fingers crossed. This new thing with oil surplus does not help.
I have emailed the IR people at ENG asking what the IR people do, apparently not much. They did no advance press on when the report would be out. Even when they expand a segment they or get any new contracts they should be posted. Good report yesterday, no volume and up an entire penny. No one knows of the company or seems to care.
What is with all these so called Analysts. They post a rating then never update it. For CNET the last one posted was in 2011 and most go back to 2008. Should be some rule where then an Analyst starts coverage they are required to update it every 6 month or announce they are stopping coverage all together. I think they give a rating to either buy a stock or short it.