Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

It's Not Easy Being GreenHunter

(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.)

Given the controversy over the pollution risks from the improper handling of wastewater produced from fracking operations, I looked into GreenHunter Resources (NYSEMKT:GRH) hoping that I might find an appealing small cap energy services play. I have to say that I came away disappointed and unimpressed.

I do believe that GreenHunter is addressing a large potential market opportunity. Although wells in the Marcellus and Utica shales do not typically require as much water as those in the Bakken, the lack of disposal capacity (including haulage)...

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