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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: catflu2™ who wrote (103891)	2/15/2016 9:32:43 AM
From: robert b furman	Read Replies (1) \| Respond to of 207832

Often times they sell them through a wholesaler who has a dealer organization - that minmizes the auction fees (which can be 400 - 500 per unit). That is what we are seeing in Houston now. If and when it gets more pressing we'll see them show up at auctions. At the end the auctions will get those in the worst shape (Hit or with mechanical problems). To be honest I would have anticipated more pressure by now. It is either slower in coming or over exagerated by doom and gloomer's. To the degree a company gets bought out - they usually still need trucks to service the existing wells. Bob