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Thursday, 06/24/2021 7:48:55 PM

Thursday, June 24, 2021 7:48:55 PM

Post# of 2342104
$SND - Smart Sand Inc.

This will be a short and sweet bullet point bullish analysis.

Smart Sand Inc is a company that sells needed sand to oil drilling/fracking companies for operation of wells. They survived covid and although revenues have been down a bit it's mostly from a loss of payment from Wells Inc. See below

BULLISH because:

Company paid off debts and reduced operating costs DURING COVID see quarterly report here: Latest Report

Expanded their footprint by adding rail lines and acquiring Eagle Materials DURING covid: Eagle Aquisition

Price of oil is going up which should lead to higher demand

SUPER low P/E ratio indicating massively undervalued

Just WON a lawsuit against Wells Inc. for $54 million dollars that is supposed to be finalized by the "end of June" (MAJOR catalyst IMO): WON Lawsuit for $54M

Disclaimer: This is not financial advice, I am not a financial advisor.

Welcome to a discussion, counter analysis and other thoughts on this one.

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