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CE Franklin (CFK)??CE Franklin (CFK)??
bullofspadez said: "So as a newbie I wanted to hear what you guys think of this. Trading at 50% of 52 week high. Seems financially they are expected to match 2006. Seems to be a support structure for the rising energy sector... warehousing supplies for oil and gas exploration. Also looks like friday picked up both price and volume.
what is this newbie missing?"
JAP said: "IMO... a dud."
Rbreb13 said: "[QUOTE=JAP]IMO... a dud.[/QUOTE]I'll agree. Its been in a steady downtrend for almost a year now.
Earnings on the 30th. I don't think I'd want to be holding this at that time, if you do get in."
bigmike said: "Looking at the charts most of the large financial firms have been getting out the last couple of days and so I would recommend not getting in until the start getting back in because they are going to drive the stock price down which means you will even get a lower price than what you are going to get right now."