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Re: fredugsi post# 1793

Monday, 12/02/2013 12:25:52 PM

Monday, December 02, 2013 12:25:52 PM

Post# of 2046
fredugsi...board members do not have a fiduciary responsibility to you, me, or any other investor to purchase shares. I too have added shares on dips in the past but not since the Q3 announcement. I too believe that within 6 months we will know which direction Nuverra is going based on the information given to us from the Q3 announcement. I am holding my shares. I have enough. I am not going to potentially throw good money after bad. Nuverra has to prove itself to me. Insider buying isn't enough at this time. Blame Heckmann if you want for past performance but the future starts now. Let's see how the market reacts to the R/S. Typically not good and that is why I am not particularly bullish in the near future. I expect further declines before we HOPEFULLY see the PPS go back up with some announcements or news from Nuverra. Sentiment is not good and that can't be ignored. Wishing the PPS to go up never works.

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