Nuverra Environmental Solutions Inc. (fka NESCQ)

[trebeg]

I wouldn't expect a preliminary report from Nuverra unless the company expects to miss Q3 numbers or lowers forward guidance. No preliminary report is a good sign IMO. Remember what they did prior to the Q2 announcement? They released a preliminary report about 8 days prior to the earnings date. I spoke with Kathy Price from Investor Relations about this and she said it was done to prepare investors for the actual earnings report. That tells me that if we don't hear any preliminary info regarding the earnings prior to the Q3 report then the earnings report should not contain any disappointing information. I think this is a reasonable assumption based on what I was told via a telephone conversation. I also get the sense that the changes announced yesterday are not as bad as would seem at first blush. I believe there is a changing at the guard and the future IS looking good. The company is restructuring itself to succeed going forward. I don't think they felt Mr. Gordon was going to be an asset, for whatever reason. If not, restructure now before things really blossom. Successful companies DO make changes, even with a president and COO. It's the companies that neglect to make the necessary changes out of fear that ultimately will fail.