U.S. Well Services, Inc. USWS
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And I was waiting for sub $1 orders to fill. Darn it.
Tell me it is going parabolic
Crude price is not the only factor that drive this stock price actions. USWS don’t sell oil. USWS signed oil contracts with set payments in place. USWS drill for oil and gas. Regardless of commodity price, the contracts are in place. That should have minimal effect on the stock.
Just remember that float pool shrunk 3x since October 2021. Shorts / Bulls can easily push price up or down with low volumes.
Crude is above $100. Oil has a supply problems. Nothing changes. Just wait till the emergency reserves dried up. That will happen soon with summer coming.
My advice for all the weak paper hands is to sell, save yourself the headache. Get out and don’t stand in the way when this stock rocket up again. We need the paper hands to sell so they can FOMO buy back at $2.
USWS has been around since 2012. This company has survived COVID and subsequent market crash. USWS managed to transition over to clean electric fracking technology and now started to rack up contracts and pay down debts. The float pool has shrunk down 3x since October 2021. This company is legit.
If you lose money on oil in 2022 because you FOMO sell, you deserve to lose it all.
Oil is above $100. USWS has contract extensions. Bullish.
