CARBO Ceramics, Inc. (NYSE:CRR)

CAPS Rating: 4 out of 5

The Company is a producer and supplier of ceramic proppant and provider of fracture and reservoir diagnostic services and fracture simulation software through its subsidiary, Pinnacle Technologies, Inc.

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Player Avatar john603 (< 20) Submitted: 2/7/2012 2:19:48 PM : Outperform Start Price: $94.07 CRR Score: -10.02

CNBC says it is getting play. The chart shows it is due for a rebound.

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Member Avatar ta2122 (90.54) Submitted: 2/7/2012 2:29:45 PM
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If CNBC actually knew how the market works they wouldn't be in the news business.

If the chart "shows" it's ready for a "rebound" it has to be a lock right?

Look at gold and tell me if it ever gave signals for a rebound? After all, it's just as SPECULATIVE as you AND CNBC.

Member Avatar john603 (< 20) Submitted: 2/18/2012 4:20:12 PM
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I agree. If CNBC is takling about it the pop is already in the price. Nothing like doing the hard work. I did not realize their litigation problems.

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