Koil Energy Solutions Inc. (KLNG)

[mystic krewe]

from what i've read lately, commodities like gold, oil, etc., are where alot of people are going right now when looking for better returns than treasurys, so that should help us. other stocks, not so much. but a real recession usually lowers everything to some extent. question is, if that's what we are facing, how long and how deep will it be? it's not a matter of ever stopping the drilling. it's a matter of the commodity being of a price to keep its industry expanding rather than contracting. we are well above that price, and everyone in this stock hope it stays that way. start-ups have a harder time with contractions than do mature majors, who can simply pull back and wait until it's time to expand again. our mngmt is positioning us to be a part of everyday maintenance/repair of completed wells, which will be maintained even when the price won't support expansion. that's obviously a great thing, but price and demand do affect rates. getting lower rates are, however, better than getting no rates at all.