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HII Technologies: An Over-Heated Stock With 36% And Possibly Much More Downside Risk

Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.

HII Technologies, Inc. (HIIT) is a Houston, Texas-based oilfield services provider. AES Water Solutions ("AES"), the primary operating subsidiary of HIIT, provides frac water management services ("Frac Water") to large exploration and production ("E&P") companies in Texas and Oklahoma. These E&P companies are involved in hydraulic fracturing ("Frac Drilling"). Frac Drilling allows E&P companies access to crude and liquids-rich resources that in many cases were not previously feasible prior to recent advances in Frac Drilling technologies. Frac Drilling requires a substantial amount of water per well. According...

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