Savvy Trades and Investments

[worthylion]

FTSI--while demand for frackers in the region will be impacted by the temporary Permian slowdown, the sand glut shouldn't hurt them or really affect their economics as it doesn't reflect a glut of frackers. Far more important is the price of oil which has been really strong of late. I do agree that frackers will trade at relatively low multiples because they're providing a competitive, non proprietary, highly cyclical service.