/biz/ - Business & Finance

>>10427844
hahaha oh fuck no they just make about 50% of their company value every year
some of the sand companies were (last month historically, check their charts) only following oil down, and ignoring when U.S. oil prices increased
(institutional fear of peak oil? fear of tariffs on biggest buyer of oil? ultimately should not have effected sand company pricing, yet it did)

SND was particularly susceptible to downward movements, along with SLCA for the last 2 months, it's why I think it's a good play
I do want to inform you that I'm holding a lot of SND contracts; but I put a lot of money into these companies because they're printing money at the moment