Really?? The fact that you didn't have the foresight to enter at $20, or $30, or even $70 or $90 or $110 is not EMES's problem. It's also no their problem that we have "volatility" based on the small float. Did you complain on the run? Why indeed would they go public? You're either very new to the investment scene or the much worse alternative scenario.
The analyst had a buy recommendation at $20 and removed it at $27. The analyst then came back with a buy recommendation in the $70's. He's left so much money on the table that he'd be fired if he were a financial adviser. I've been in since $33, buying on the way up. If I listened to him I wouldn't have entered until the 70's. That's not sound advice. The story hasn't changed, the distribution will be at least double by the end of 2015.
It was written by Daniel Yergin. I haven't read the book, but I did watch the 6 hour documentary....narrated by Donal Sutherland, I believe. It's good stuff. Things change.... I still remember the highly accepted theory of "Peak Oil" that proclaimed we were on the downslide of oil reserves since the 1970's........boy, did that turn out to be wrong!
I can't wait for this to start getting away from Baird......yet again, so they are compelled to issue another Market Outperform. The Baird analyst has really missed at every turn on this one. He either doesn't understand the company, the sector or both.
Couldn't agree with you more. I owned Terra Nitrogen and Rentech on their run up. Every fertilizer stock cratered as soon as the cartel crumbled-it had nothing to do with supply and demand. I have read article after article that indicates that indicates less than 20% of the drilling capacity is on line because they can't get enough sand to increase well heads. This is not a two year window of opportunity..........it is at least seven to ten IMO. Wait until we start shipping vast amounts of LNG overseas....will only help increase demand for well heads.
LOL indeed. Agree that we are pretty far over our skis right now, but what a great ride it has been. Would certainly expect some breathers along the way!
Early studies showing potential heart birth defects, underweight births and still borns due to the gases released around concentrated frac well sites.
Technology needs to catch up to capture all these escaping gases, as well as handle the inherent contaminated water issue.
Buckeye, thanks. I have read the same things. There does not appear to be an 800# gorilla in the water treatment space, at least not yet. Appreciate the feedback.
LOL, well I suppose that depends on your risk tolerance. If you believe as I do that this stock will be over $200 by the end of 2015, then there is plenty of upside. I also believe we are at the very beginning of this energy revolution. However, there are risks with this sector.....some argue that ground water is being contaminated, while others argue that the increase in frac activity is directly attributable to the increase in seismic activity. A major "environmental event" would be very harmful to this sector. I have weighed all of that and what I believe is going to be an ever increasing demand. I will continue to increase my bet in this sector.
Water treatment for frac is a HUGE issue.....if there were a leading candidate I would be invested in that, along with EMES. To my knowledge, there is not a dominant player in this space......if anyone has information on frac water treatment, please share!!
tee leaves, I do not believe that supply will match demand for years. If you do research on frac you know that the growth has gone parabolic as technology advances. As I am sure you know, frac sand is not your run of the mill playground sand. EMES has a huge head start on most other operators, a great mgmt team and rail cars on site to reduce costs. Article after article speaks to the fact that sand can't be generated fast enough. Frankly, the sand issue is holding back faster growth. The technology will continue to improve-we are at the very beginning of an energy revolution, IMO-for both natural gas and oil. I expect EMES to be extremely relevant as an investment for the next decade-at least. The growth will slow, but the distribution will be outstanding.
For the record, in since 33.36, but bought more at 55.82, 80.45 and 109.17. I own 12,750 shares and have just over $1M invested in this company. I do not plan to sell my shares for quite some time.
Good luck to all.
Totally agree. We don't need more float, IMO. In fact, I love the small float. You want my shares? Not happening.......Try to get them.......and the price goes up as you try. I love the fundamentals of this company and I love the stock appreciation even more.
I can't stand Cramer, but you are wrong about your accusation. You will not see 90 or 100 again on this stock. The projection for this stock by the end of 2015 is a $10 to $11 annual distribution based on the opening of new plants. At a 5% yield that is a $200 stock, at a 6% yield that is a $166 stock.
I can't believe I am defending Cramer.....show evidence of your assertion.
I agree that it was a positive interview, but we already have at least 4000 rail cars under contract to be built; the fact that he kept stressing how difficult it is to obtain rail cars tells me that those cars might not be on schedule. He admitted that the rail car "bottleneck" is the key.
Personally, I have no time for Cramer the Carpetbagger, but I do think that we have tremendous management at EMES, so I may be forced to watch a show that I absolutely abhor. Would much rather have him on Squawk Box. Cramer said the stock was overbought when it was at $85, so it will be interesting to hear how much he is going to spin his previous tune.