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Mr. Cain Thaler

Mr. Cain Thaler
Stock advice in actual English.
Joined Sep 2, 2009
1,224 Blog Posts

HCLP Up Another 3% Today

Mr. Cain Thaler Tue Mar 11, 2014 2:02pm EST 2 Comments

HCLP is up another 3% today, following an announcement yesterday of amendment to a long term supply contract with Weatherford. Weatherford will be increasing the duration of their agreement with HCLP another 3 years, while also agreeing to minimum purchase volumes and price each month.

Demand for HCLP frac sand is strong. HCLP is now north of $40 a unit. Those of you that followed me into this investment are up 66% since August.

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2 comments

  1. strikeback
    strikeback
    March 12, 2014 at 5:08 am

    I had seriously considered…and am now kicking myself for not following you into this one. Any thoughts on an entry point near current levels?

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    • Mr. Cain Thaler
      Mr. Cain Thaler
      March 12, 2014 at 9:04 am

      I’m buying periodically at really any price.

      Any selloff is definitely a buy.

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