The financial report is okay, and it has been cleared out.
$Smart Sand (SND.US)$ Getting beaten from both ends. Harris on the far left banning shale oil & gas. Trump supports shale oil & gas but vows to lower oil prices. Damn it! The cost of shale oil & gas is high, with an old breakeven data of 46 to 58. After inflation, is it too much to expect a breakeven of 60 to 70? WTI price is so miserable, and the recession expectations make it difficult for oil prices to rise. Smart sand is not losing money by reducing wages, is this evidence that it can sustain for a long time? The USA is not engaging in large construction.
The company itself has good qualities. Pay attention. Wait for the election to clarify, then talk about oil prices.
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