Gasfrac gfs.v/gsfvf.pk $12.55
Posted: Tuesday Jun 28 2:13:36PM 2011
sold out of gasfrac today. I bought because of a Keith Schaefer recommend. Yesterday he said he talked to the company and they indicated breaking into the US markets was tough. He interpreted that as a near term negative for the stock, considering spring breakup will dull Q2 results. Did stay positive medium and long term on the stock but I decided to cash out and see what happens the rest of the summer. Need to raise more cash as the summer doldrums are still ahead of us.
Posted: Monday May 9 4:55:40PM 2011
Q1 results loss of 2.5 million or .04 on 30million in sales. Fire in January hurt Q1 gross. Company has brought in more equipment and is preparing to expand into the US. Market reaction will likely be negative but I may buy if it drops below C$10. The potential is still big. Bobwins