Puts are expensive. If you bought if of my post...
last month.. you should have a huge gain.
They are cleaning up their balance sheet (debt) and look good
for a long term hold. You might want to take
profits , sell some puts and buy some calls on a risk
reversal.. depends on your outlook
You might want to go to the investor relations page on the FTK
website. They send out corporate news on a regular basis.
I think they are in the same business as CLH and
HEK... so they should do well in the future as they clean up
the balance sheet. But you still have to take
profits... cause you can spend a symbol on your computer.
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FTK (Flotek)
Posted by jaalst58 on 18th of Jan 2012 at 12:55 pm
Any thoughts on FTK? Flagging or tiring?
ITs going up on less volume
Posted by zach06 on 18th of Jan 2012 at 01:05 pm
Puts are expensive. If you bought if of my post... last month.. you should have a huge gain. They are cleaning up their balance sheet (debt) and look good for a long term hold. You might want to take profits , sell some puts and buy some calls on a risk reversal.. depends on your outlook
Thanks! Didn't catch all the
Posted by jaalst58 on 18th of Jan 2012 at 01:15 pm
Thanks! Didn't catch all the move, looking at options now.
FTK
Posted by zach06 on 18th of Jan 2012 at 01:20 pm
You might want to go to the investor relations page on the FTK website. They send out corporate news on a regular basis. I think they are in the same business as CLH and HEK... so they should do well in the future as they clean up the balance sheet. But you still have to take profits... cause you can spend a symbol on your computer.