Increased EPS for safeguarding while safety in oil exploration expands to ramp up oil production growth... partners include Petrobras, Devon, Conoco, Chesapeake, Chevron, Shell, and Oxy among others. The provide emergency response to oil wells.
“Our success in increasing Boots & Coots’ presence as well as integrating the company’s service lines occurred in several markets and was led by strong Safeguard operations during the quarter,” stated Jerry Winchester, president and chief executive officer. “We expect the opportunities afforded to us from our strategic investments of the funds from last year’s equity offering, along with strong domestic and international markets, will continue to benefit the company through the rest of this year and into 2009.”
Look at my calculations, i have em pegged at around 3.50-4.25 based on earnings and estimates.
The reason you got crushed in the last 24 hours is because investors have mentally tied this stocks price to oil, causing it to fluctuate with the oil prices. but keep in there, and in less than a year you'll have a solid return
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$2.58 (08/08/08)
