Flotek Inds (FTK)

[imperativity]

You don't get returns without risk...

Someone on yahoo posted the following:

"Things have changed since I last posted:
1. Oil and gas companies have reported earnings. Generally speaking, the outlook is cautious and the general consensus is for disciplined capital spending going forward.

2. So, Flotek is bound to be affected by a drop in capital spending.

3. I am not seeing much activity being recorded in Frac Focus this new year. Granted, Frac Focus is a lagging indicator. That said, it remains a red flag.

4. The stock is now trading at the low end of what I would consider a normal trading range. That said, the easy money has been made.

5. The shorts have covered a significant amount of shares. It appears that they are continuing to cover as we see the stock continue to hold the recent higher levels from the bottom.

6. So my concern is not the 4th quarter’s report: It is the guidance for the current quarter and year as capital discipline is enforced this year as has been reported by several operators.

That said, I got out this week.

I cannot afford to run the risk of giving back so much. If the stock continues to rise, I’ll still be fine. Good luck to all."

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Thoughts on this?