carloz678

Carbo Ceramics: Value Plus Volatility

Tom, interesting perspective on ccr. I learned about this company from a newsletter a couple of years ago, didn't buy any. I took a look at it on TDAmeritrade website. Looks like the alltime hi was at about the same time I learned about it. The earnings projected for this quarter (7/30) are almost 50% lower than last. The net operating cash flow is 410% below last year (Street.com). There are no significant buy recomendations from the 5 services providing opinions. Those factors plus the patent expiration are trouble to me. I addition, a 29% short interest indicates big players think this one is going to take a hit. I'll be watching to see what happens, Good Luck
Carl