Seeking Alpha
  • kenjotto
    NES dipping last night after earnings. Get in. Under $5, back up the truck!
    3/9/12
    Reply (17)
    • kenjotto: I own. I'll be adding via a 2014 syn long
      3/9/12
    • Bill Diehl: Day traders in NES will be shaken out today. This time next year those who stayed in will be doing well. Go Richard Hekmann!!
      3/9/12
    • Matthew Davis: Its too expensive
      3/9/12
    • kenjotto: based on...?
      3/9/12
    • Matthew Davis: the fact that it only earns a few cents eps, and forward p/e of 19.5 which is more expensive than AAPL p/e
      3/9/12
    • Matthew Davis: look at yahoo key statistics on it
      3/9/12
    • Matthew Davis: it spiked on a Cramer bump now the ride is over
      3/9/12
    • Bill Diehl: Madav: NES's a growth company in a growth sector. AAPL's a mature company. Growth always has a higher P/E and higher risk/reward ratio.
      3/9/12
    • Matthew Davis: I know that, but the outlook on NES, to me, doesn't justify the valuation, especially given gov opposition to fracking and oil at the moment
      3/9/12
    • kenjotto: can't even compare. they're building a massive moat w/ their infrastructure and moving into Eagle Ford and Permian basins +new acquisitions
      3/9/12
    • kenjotto: fracking is here to stay. too much momentum into US becoming energy independent, and the contamination claims are based on bad data
      3/9/12
    • Matthew Davis: Ok, but don't say I didn't warn you, chart is in a steep downward decline.
      3/9/12
    • kenjotto: Agree, chart is messy. It's all about timeframe. By Dec2013 this stock will double
      3/9/12
    • Matthew Davis: Ok, will keep an eye on it. Good luck!
      3/9/12
    • kenjotto: thx! and I do appreciate the discussion and opposite opinion!
      3/9/12
    • Matthew Davis: Downgraded by Wedbush, 19x forward earnings.
      3/13/12
    • kenjotto: LOL...this is an investment, not a trade. If people only listened to banks/ratings they'd never make money
      3/13/12