My theory is that each producer has a certain minimum number of Ducs that they want to keep in reserve. So as they have dropped to that number they have started to drill new wells to keep a steady reserve for any New increase in demand.
That does seem to be a large enough market considering the number of manufacturers and the high capital overhead required.
Closed them when they had double the money. Now they are a loss and time value is eroding them. They must be expecting big news for AMAT before expiration.
Nokia uses and is licensed to use Dragonwave equipment so any expansion should flow some orders to DWTI eventually.
I look at the DUC`s as the emergency savings accnt.
They are the supply Buffer and there will always be plenty of them untapped in reserve as drilling increases.
, the Finnish company said on Monday, easing fears that it would lose market share while it merges operations with Alcatel-Lucent. Nokia's network equipment sales fell more than expected in the first quarter as…
shell in this game?
I just came across this company also selling coatings and insulation products but NOT GREEN.
The funny thing is the Yahoo main page for this symbol has plenty of recent articles about new contracts and the whole seems to have a very similar theme to it.
I wanted to see who the management was and where but have not found anything yet.
You guys should check it out !
Note that there are no SEC filings available through Yahoo.
Seems like there are some very interesting things in common here.
I just searched on the Edgar site for SEC filings for Industrial Nanotech and came up empty.
Is it under another name maybe?
Could this be another shell in the Game?