PasstheA1

WTTR: // price pullback to Bull run //

Long
NYSE:WTTR   Select Energy Services, Inc
Going to be paying very close attention to this one on monday for a nice price drop to a lower buy in level before it decides to make another run to contest previous highs or if not to just complete a price range cycle.
Comment: *Forgot to mention Earnings coming up as well which leaves incentive for them to prop up the price artificially for the time being tricking retail traders into a buy that might not be so strong...
by my estimates this is a FAIR VALUE PLAY @ $5.00 a share
Comment: TOP 5 INVESTORS (as of 12/31/20)

SFC PARTNERS, INC
Own: 15.55%
Percent change: 0

SIMMONS L W & ASSOCIATES INC
Own: 15.55%
Percent change: 0

BLACKROCK INC.
Own: 4.86%
Percent change: 10.56%

CRESTVIEW PARTNERS II GP, LP.
Own: 3.86%
Percent change: 0

VANGUARD GROUP INC
Own: 3.42%
Percent change: -2.52%
Comment:

Comments

Total revenue falling while cost of goods and expenses are increasing, pair this with large institutional investors and we could see a short term price rise to get them out with profits while they are selling their shares to retail traders for the higher price they will not be entering back into any trades with this company.
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