Flotek try to raise your head and go up again

[tizianob]

Professional investors are already LONG on the stock together with private
Institutional investors are substantially reducing their SHORT positions

market sentiment has become positive

The latest business results seem to have awakened the interest of investors on a stock that in recent months has really lost much ground.

I think we’re at a definite turning point and what do you think?

 

[Nobert]

The latest business results seem to have awakened the interest of investors

Which results ?

& i would guess that their rev for 2021 was ~$40M.
And, it's overpriced.

In your previous thread you said something similar :
,,Awoken the interest of institutional investors''
While the stock you mentioned is overpriced +100 times.

What kind of institutionals are those.

To bet on vol alone is not worth it.

 

[maxinger]

do consider the reverse/inverse.
It is a possibility.

Professional investors are already SHORT on the stock together with private
Institutional investors are substantially reducing their LONG positions

market sentiment has become negative.

The latest business results seem to have disappointed the interest of investors in stock that in recent months has really lost much ground.

I think we’re at a definite turning point and it might go down to zero point something.
__________________________



Anyway, there were two mountain peaks;
Sept 2007 peak @55 & Jul 2014 peak @33.
For it to form another peak, Flotek needs to have outstanding chemistry and
data cutting-edge technology.

 

[tizianob]

Which results ?

View attachment 274509

& i would guess that their rev for 2021 was ~$40M.
And, it's overpriced.

In your previous thread you said something similar :
,,Awoken the interest of institutional investors''
While the stock you mentioned is overpriced +100 times.

What kind of institutionals are those.

To bet on vol alone is not worth it.