CARBO Ceramics, Inc. (NYSE:CRR)
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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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CNBC says it is getting play. The chart shows it is due for a rebound.
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.
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.