$ACDC For you Rocker’s LOL!
Seriously, this is an IPO that I have had my eyes on for a while now. ProFrac is in the oil services business. Last week after it undercut its previous breakout, I set an alarm to see if it would retake that area. It triggered for me this morning. I’ve started this with a ¼ size position and have set my stop very tight. See chart for my notations. Ideas, not investing / trading advice.
Earnings: (yes an IPO with real earnings!)
Profrac Holding Corp. Cl A (ACDC) reported 3rd Quarter September 2022 earnings of $1.09 per share on revenue of $696.7 million. The consensus earnings estimate was $0.86 per share.
Seriously, this is an IPO that I have had my eyes on for a while now. ProFrac is in the oil services business. Last week after it undercut its previous breakout, I set an alarm to see if it would retake that area. It triggered for me this morning. I’ve started this with a ¼ size position and have set my stop very tight. See chart for my notations. Ideas, not investing / trading advice.
Earnings: (yes an IPO with real earnings!)
Profrac Holding Corp. Cl A (ACDC) reported 3rd Quarter September 2022 earnings of $1.09 per share on revenue of $696.7 million. The consensus earnings estimate was $0.86 per share.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.