Sold - 10/17/14 - 2500 $50.45
Bought - 07/07/14 - 3000 $23.75
I read in Bloomberg today... Mike Vincent, a well-completion engineer who teaches the technique to industry workers, said he’s been overwhelmed by the sudden interest in the class. He even had to abandon plans he had been making to spend a week fly-fishing in the Rocky Mountains over the summer. “I’m booked every week teaching refrack classes out to November,” said Vincent, who runs a Denver-based firm called Insight Consulting. “It’s amazing how much passion there is.”
I don't think fracking is going away
It looks like a single seller who owns a lot of shares and is tired of looking at red ink and mindlessly selling. The high trading volume is causing me to exercise caution before jumping in as I do not know how many shares the individual (or institution) will sell.
It looks like a major stakeholder is dumping HCLP. HCLP trading volume was over its normal daily trading volume a mere 45 minutes into the day. Unlike EMES, which was trading normal trading volume.
I sold my HCLP last year on a big profit. I am waiting for a bottom to get in.
Will Microsoft's partners (Dell, HP, etc) get a pre-release of Windows X? As many consumers have not wanted the Windows 8 OS it will be interesting to see what kinds of sales the partners will bring in.