National Energy Services Inc. (fka NESV)

[DragonBear]

Stock is way undervalued???

A company with a bleeding balance sheet, buying another company with a bleeding balance sheet, with the stock set up for a dump-a-rama is undervalued?

Please present to the forum your valuation model for the stock, including the numbers given in the 10K.

share buyback in 4 months (open market)

As they continue to dump multiples of whatever they announce?

getting into oil and gas industry and owns JD field services

Yes they own an oil logistics company with a bleeding balance sheet. And the two owners sold not at a premium, but at a -90% discount. Non cash transaction at that. Quite generous of them, if one wants to believe the unaudited numbers.

The large Bakken oil companies are straining to find rigs, and other support services. Most are pouring money into their own transport system. Yet, the only company interest in JD was a microcap NASV holding company? Oh well...

This will be a power house and will make investors that are in early filthy rich!

The only ones who will get rich on this one will be the insiders, and affiliates dumping stock. A few flip traders might be able to time a few coins.