bk is imminent.
Bob cannot do that because you need money to actually trade,
they forgot that 40% of the float is short and when covering happens from the 20 + short group the stock will go back to 14 to 15.
Bob wins must be gagging now
Business is booming read last weeks wsj article about fraccing sand and listen to the emes cc, demand for sand is up up up and they are positioned for a lot more production.
Good luck, sit back and relax
We could also use some news on refi's.
They reduced long term debt by 300 million and toptal liabilities by 180 million and even made an acquisition, you better look again.
Ever hear of depreciation or amortization or th eword non cash expenses?
Do some DD first.
PE is useless when determining cash flow
HCLP is a great company and I did very well with it ( I sold and moved $$ into EMES ) . I see EMES as having a lot more upside based upon them opening the two new mines and purchasing Midwest Fraccing Sand which was their partner. All their current production is sold out which yileds a distribution of approx $5, so the new mines and midwest should double the distribution over the next year +. Add in the growing fuel segment and over $10 could be on tap.
But as you said they may all get bought out so lets enjoy the ride,
Good luck to all of us.
This is the unknown division of emes yes the sands are rocking but the fuel segment seems to be growing very nicely as well.
I will admit I know very little about this as I focused on the sand only, I do think its time to dive in and learn a whole lot more about fuel.
this move by Yahoo took the wind out of the shorts and distort crowd.