CCNI looks tempting, but anyone able to figure out how badly they'll be hurt by the collapse in oil prices? I remember in the Q3 earnings PR they were opening a branch in North Dakota and has just opened one in Houston. Looks like they had been capitalizing on the energy boom...and like many, I fear were blindsided by the recent energy bust. This is from the Q2 earnings PR back in August:
“Opening our Houston field office is the first step in our expansion plan. The Texas region represents one of the fastest growing regions in the country and an excellent opportunity for us to build on our success servicing many of the same oil field clients as we do in North Dakota. We continue to evaluate additional opportunities for expansion and are confident we now have the financial strength and trained personnel to take advantage of these opportunities."
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