When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
RNGR - Ranger Energy Services: Heads You Win Tails You Don't Lose Much
Ranger Energy Services Inc. Class A
I should start by noting this is a micro-cap idea, with less than $100k worth of volume a day over the last couple of weeks. Risks and volatility are much greater with micro-cap stocks.
The idea is simple: Ranger Energy Services (RNGR) IPO'd in 2017 around $14 and has followed other oil and gas stocks in a downward trajectory ever since. They recently bottomed out just under $3/share, before recovering somewhat, and then receiving a $6 take-private offer from CSL/Bayou, who control ~65% of voting rights and allowing T.