InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,870.62
(
-1.32%
)
US TECH 100
19,880.00
(
-2.30%
)
Dow Jones
43,444.99
(
-0.70%
)
Brent Oil
71.25
(
0.00%
)
Bitcoin
89,871.90
(
-0.78%
)
Post# of 118684
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

2morrowsGains

Send PM Follow Ignore
Followers 76
Posts 7351
Boards Moderated 0
Alias Born 01/16/2005

2morrowsGains

Member Level

Re: gilead23 post# 96119

Thursday, 03/31/2022 3:09:26 PM

Thursday, March 31, 2022 3:09:26 PM

Post# of 118684
FTK...Been adding all morning in the $1.20's. Strong forward guidance in the cc. FTK is now my #2 position. Waiting for the transcript to re-hash notes.
Market cap (including all ProFrac diluted shares is only $190M. Flotek will be doing more than that in profitable yearly sales starting next year. (Original $1B 10yr ProFrak contract starts tomorrow and the amended $2B one should have approval by June.)
This is an absolute no-brainer IMO...The way I look at it is...Buy now, avg down, hold for 1yr++, so that when it comes to tax time, your FTK profits go into the "long term" column. There will be profits!!! (IMO) :]


The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up