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The Company and its subsidiaries manufacture and sell oil field pumping units, power transmission products and highway trailers throughout the world.
Oil services conglomerateCOMPANY Produces gear boxes and power transmission equipment.The company is exiting it's tractor trailer making business...Here is the deal:LUFK traded for about a decade for about $10 - $20 per share... that is where it is going to go back to down from $99... and the current $32 level.REVERSION TO THE MEAN.Basically all the end businesses that LUFK serves are in steep cyclical decline and they will be for all of next year. at the very least.
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