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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: ParPlusAccrued who wrote (46238)1/19/2012 12:02:01 PM
From: Spekulatius  Read Replies (1) | Respond to of 78525
 
You are correct about low barriers of entry in CJES business. Pressure pumping for sure is a commodity business, i have owned BJS in it's days and know for sure. Prices are going to come down for services that CJES provides when the NG drilling starts to subside and given the current NG spot prices, that can't take too long.