Anyone shed light on this for me? I don't need cheerleader saying all is wonderful since it is obviously not the case, but seems they probably are paying more than market price for their current oil supply.
Funny no effort by insiders to pony up their own cash to quell the free-fall that is going on here... I have to say this is not worth moving on until I see something from these guys ("good guys" as Cramer calls them and apparently what Buffet thinks too... but these good guys don't trust the financials either at this time)
I know this is one of the issues pointed out by shortsellers - but really this is a legitimate concern is it not? For instance, Goodwill as an asset increased from ~900 million as of Dec 2012 to over 4 Billion as of Dec 2013. That's some creative accounting. I've lost money here and would love to double down but at this point I may need to admit I made a mistake.
I heard this bit of info on CNBC 'Pops & Drops' segment yesterday. Can anyone please tell me where a person could find this type of information on-line about this or any company they are researching?
Frac sand isn't found at the beach or in a playground but is a durable, high-purity quartz sand. Sand proppants have become more desirable vs. ceramic ones as new fracking production techniques require the high-grade sand.
Rosetta Resources (NASDAQ:ROSE), for example, has shifted away from ceramics proppants, hurting firms like Carbo Ceramics (NYSE:CRR) but benefiting sand suppliers like U.S. Silica.