WEL - Boots & Coots International Well Control Inc.

[taterbug23]

I like the break out today I am going to try to add tomorrow.

WEL - SharpCharts from StockCharts.com



Boots & Coots International Well Control, Inc. provides a suite of integrated pressure control and related services to onshore and offshore oil and gas exploration and development companies primarily in North America, South America, North Africa, west Africa, and the Middle East.


Shares Outstanding5: 75.95M
Float: 74.56M

[taterbug23]

in @ 2.56
earnings is Tuesday... I usually don't like holding through earnings, but we will see what happens

[BadThad]

Looks like a decent little play, PE is a reasonable 16 and a nice earnings history. I'd imagine their services are in demand and that demand will just increase as we start more drilling here in the US.....that is if the liberals in congress ever come to their senses (unlikely). LOL

[taterbug23]

Imo gas will go up... giving a company like this a boost atleast a month
with the senate not even working on resolving the gas problem consumers will get scared once again and drive the prices up
U.S. Congress starts break with no gas price fix - Yahoo! News

Also had a insider buy this week:
SEC FORM 4

[taterbug23]

Locked & loaded for tomorrow averaged down today @ 2.52

Afterhours earnings release....
Expected .05 per share
They got .08 per share
Thats 60% more than was predicted! We will see what tomorrow brings
current afterhours bid 2.6 ask 2.74 after a close of 2.43.


Boots & Coots Reports Second Quarter and Six Month Results: Financial News - Yahoo! Finance

[taterbug23]

looks like she broke out... I just didn't hold long enough

[greencat]

WEL is giving another buy signal. Nice looking chart that should make a higher high tomorrow.

WEL Chart