guys, guys,
everyone has got their own risk appetite and investment preference.
Some can only hold for 1 year, some others might be 3 years.
To me, it appears, the large dump yesterday was mainly due to that.
They found out with a reasonable belief that their initial expectation might have been miscalculated.
There is nothing wrong about that.
LWP has a good product.
However, it takes plenty of time and the right situation to flourish as well.
Oil drilling well projects are not that profitable at the moment.
The impact would have been quite direct to proppant producers.
Those drillers have got their own cost structures, surely some of them will try to take LWP cost saving into calculation and consideration. If the number is good, then there is a momentum. But, then, all this processes require time. It does not happen overnight.
"Rome is not build overnight"
Wake up, people!!
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