Originally Posted by
ExtraSlow
Cfw and other pumpers are interesting. If you beliece that market recovers to 80% or more of previous levels, they are a good buy. If you beliece that the frac fleet was wildly over built, and we'll never pass 50% of previous activity, then they are are going to zero.
Add in the electric fleets from evolution and others, and it's a bet I sure wouldnt make.
But that whole view is about long term viability, not short term swings. Someone will make money on all the gyrations no matter what.