FTK on Fracking Fluid & CSTR on Bear Raid coming to an end.
FTK has been rallying like its former self back in 2006-2007. The company keeps staying quiet on why its stock is rallying, but wall street guys are no dumbies. They know its the Fracking Fluid that is the cause.
Drilling supplier Flotek Industries Inc. told analysts last month that it has completed successful field trials of a new batch of biodegradable fracturing chemicals using compounds extracted from citrus products. Calls to Houston-based Flotek for comment weren't returned.
Buying here Under $7/shr
CSTR has come down from $67 in mid Nov. 2010 to $41.85 with most of the damage done a few days ago on 19 Million volume. Well as the saying goes, what goes up must come down, so too what comes down will go up. We currently have a situation with CSTR where a Beach Ball has been submerged in water and is under havey pressure. Any kind of news even mildly bad would be considered a basis to cover or go long.
Buying here under $42/shr