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redbaron

redbaron
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  • CARBO Ceramics: Not Dead Yet [View article]
    I also am still long, having bought in the 32-34, and I also will ride out the storm....at least, that is my plan right now. Seems to me to be very large upside potential, and not much downside risk.......but I would still like to hear others views on the earnings report.
    Apr 30, 2015. 11:43 AM | Likes Like |Link to Comment
  • CARBO Ceramics: Not Dead Yet [View article]
    Thank you DFR, but you WERE short a few days ago, so not sure on your perspective. Are you still short? Just so we can see where you are coming from.
    Apr 30, 2015. 10:32 AM | Likes Like |Link to Comment
  • CARBO Ceramics: Not Dead Yet [View article]
    I am also waiting for some comments on the earnings just reported. Did they beat, as some are reporting? Or not? Need someone to help me understand the numbers, etc. Consensus was a loss of 49 cents, and they reported a loss of 27, so looks like a beat of 22 cents per share, but there are so many adjustments, would like to see someone with better accounting skills than myself check for their thoughts and opinions.
    Apr 30, 2015. 09:44 AM | Likes Like |Link to Comment
  • CARBO Ceramics: Not Dead Yet [View article]
    Good article, very helpful, many thanks to the author and commentors, especially Frac4Crude. His experience and knowledge I found extremely helpful.
    Apr 28, 2015. 06:37 PM | 1 Like Like |Link to Comment
  • Carbo Ceramics: Another Major Customer Testing Sand [View article]
    Just to be clear, under full disclosure, I am long CRR, also long HCLP. Also long E&Ps CXO, XEC, CRZO,DVN..........
    Apr 23, 2015. 12:40 PM | Likes Like |Link to Comment
  • Carbo Ceramics: Another Major Customer Testing Sand [View article]
    The data is also not 'fresh' or current, as the well completion date is shown as 2/12/15, with today being 4/23/15. Crude was roughly $10 lower on 2/12, than it is today 4/23. I continue to think that crude pricing will continue to influence decisions on using or not using CRR ceramic products......with the current higher wti prices inducing more usage of ceramic. This trend can be seen in previous movements in CRR and crude by charting CRR vs any crude ETF. With the large recent movements in wti, one can quickly be on the wrong side of this short trade, as other SA articles have pointed out in the past. With a beta of 1.90, CRR does have some volatility.
    Apr 23, 2015. 10:24 AM | 1 Like Like |Link to Comment
  • Carbo Ceramics: Another Major Customer Testing Sand [View article]
    Yep, I missed it also, obviously.
    Apr 22, 2015. 06:36 AM | Likes Like |Link to Comment
  • Carbo Ceramics: Another Major Customer Testing Sand [View article]
    Agreed, blueice, and I said so in the last installment of beating up on CRR from this same author. If you chart CRR against any of the crude ETF's, you can see CRR goes up and down with crude. If you think crude will recover, then those higher prices on crude will bring more business for CRR's ceramic product. It is that simple.
    Apr 21, 2015. 04:50 PM | 1 Like Like |Link to Comment
  • Carbo Ceramics: Another Major Customer Testing Sand [View article]
    Thank you, Joshua, and that is all I am asking. Now DFR...........
    Apr 21, 2015. 04:22 PM | Likes Like |Link to Comment
  • Carbo Ceramics: Another Major Customer Testing Sand [View article]
    'Long/Short Equity' is not very helpful in regard to specific details of your position on CRR. If you are short CRR, why just say you are short CRR, so everyone will know where you stand. I for one would find that helpful in evaluating your overall attitude toward the stock. I never fail to disclose my positions, when I comment on articles and stocks, and when others fail to do that, and continue to beat up on certain stocks, it does raise questions of objectivity, at least in my mind.
    Apr 21, 2015. 04:13 PM | 1 Like Like |Link to Comment
  • Carbo Ceramics: Another Major Customer Testing Sand [View article]
    Is the author short CRR? Some clarity on the authors investment position is requested, to clarify objectivity.
    Apr 21, 2015. 02:49 PM | 1 Like Like |Link to Comment
  • Carbo Ceramics: Short Squeeze Presents Opportunity [View article]
    In the end, CRR will follow the price of WTI. If you believe, as I do, that WTI will recover, then producers will pay more for the ceramic product, as they have in the past, and CRR at current price range is a buy for you. If you don't think WTI will recover, and think it will remain the same price as currently or decline further, then CRR is not for you. Just pick one of the crude ETF's and chart it against CRR, and it is easy to see that when oil recovers, CRR has recovered also. If you wait to get the data from producers on which proppant they are using, with data 6-12 months old, then it may well be stale data, and not at all relevant to making a timely investment in CRR. JMHO, and nothing more.
    Apr 17, 2015. 04:51 PM | 1 Like Like |Link to Comment
  • Carbo Ceramics: Short Squeeze Presents Opportunity [View article]
    Anyone else have input on Exxon here. I can't see that they were in the top 5 in 2013. Some other independent input would be appreciated.
    Apr 17, 2015. 09:56 AM | Likes Like |Link to Comment
  • Carbo Ceramics: Short Squeeze Presents Opportunity [View article]
    Where is Exxon on the list of major Bakken drillers? In searching for an answer to that question on-line, I see that Continental, EOG, Whiting, Hess, and Kodiak were the top 5 drillers in 2013, but can't find more up-to-date data. Again, can you supply data on volume of wells by company? I was not aware that Exxon was even a player in the Bakken, so not sure of impact on CRR.
    Apr 17, 2015. 07:26 AM | Likes Like |Link to Comment
  • Carbo Ceramics: Short Squeeze Presents Opportunity [View article]
    The short squeeze is driving most current move, but the high beta of CRR, could well mean that the squeeze is just beginning, with lots of shorts left in the market. Earnings are not to be released for several more weeks, so will give the market a chance to squeeze out the shorts more completely. IMHO
    Apr 17, 2015. 07:13 AM | Likes Like |Link to Comment
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