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2morrowsGains

03/31/22 3:09 PM

#96318 RE: gilead23 #96119

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) :]