Profire Energy, Inc. (PFIE)

[Getitgogone]

As oil price slump drags, companies fight to adapt

A little flavor on the oil climate if interested in the article below.

I still say that if these oil companies are looking to reduce costs ,create efficiencies ,,,,,they should be turning to Profire

However,the downside is oil rigs have been reduced so even though they might be stirring up some business by creating more efficient systems for oil drillers ...there will be less rigs that need them, so it may end up being a draw or a breakeven zero sum game on that front.

I suppose considering the oil market if they can stay debt free......at minumum stay flat on earnings to positive...... I still think its worth over 2.00 as is just on the beginning hopes of recovery to a more expensive per barrel price.It remains to be seen whether oil dips again and tests the lows.

I keep forgetting I can't apply the same rules to OIL that are applied to stocks ...its a moving target and seemingly a fools game to try and predict with any amount of certainty where oil prices will go from week to week and especially day to day.

ARTICLE >>>>>

http://www.dallasnews.com/business/headlines/20150407-as-oil-price-slump-drags-companies-fight-to-adapt.ece