News Focus
News Focus
Followers 80
Posts 8069
Boards Moderated 0
Alias Born 01/16/2005

Re: gilead23 post# 96119

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

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

Post# of 130763
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.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today