Thursday, June 10, 2010

Nat Gas update: FTK

Flotek Industries, Inc.
Thursday, June 3, 2 pm Eastern: 1.33
Thursday, June 10, close: 1.36
Gain: +2.26%
Candlestick analysis: "Buy If" (American Bulls)
Summary: One seriously ugly collection of fundamentals, which explains the share price. Negative margins, returns, growth (-59%) and $128 million in debt with just $6.5 million in cash. This is bad, though nothing takes the cake like BBI. 

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