KLX Energy Services Holdings Inc (KLXE) Options

Yeeejae my options almost double

KLX Energy Services Completes Acquisition of Greene's Energy Group in a Deleveraging, Accretive All-Stock Transaction, Adding Scope and Scale to its Southwest Segment


My may options looking good

What’s the word

Knew we were bottomed out

Last 2 trading sessions have been bullish AF, also zero manipulation

63,000 short exempts today. Something brewing...big move coming

Something is happening here behind the scenes.

Look at the FINRA volume for the last 2 days.

Maybe on the daily but that doesn't mean much. Give this 3 more sessions and the volume and price will be much higher

Look like head n shoulders....You gotta learn Technical analysis

Got a $5.31 entry here. Yesterday there was an abnormal amount of short exempts on average volume. Tells me that we have hit bottom and volume should pick back up

Volume should be increasing here shortly

Nope lol

Another Garbage Stock


https://stocktwits.com/DemonicTrader/message/437439762

Back to $15+ very soon .
$KLXE

r/s are kiss of death. they had the right plan, and didn't keep the faith of their own stock. Post merger we'd be $3+ easy now. Better than this pps.

Hopefully it will start going up from here

Merger done, r/s done, now let's move on although I know the market makers like to bring it down post r/s.

The 2020 Annual Meeting of KLXE Shareholders is tomorrow 7/24/2020

I have only seen one reverse split succeed in adding value to shareholders.

This isn't the OTC

I will be watching and learning.

I have only seen one reverse split succeed in adding value to shareholders. With such a low float why would they do a reverse? The answer is they don't want retail traders flipping the stock like I have done for the last 3 months. They are very aware how the stock has been shorted and manipulated over the down-turn in the oilfield. They saw 9 million shares trade hands in a few minutes one day a few months ago and it really freaked them out because the price didn't move. No way that could happen with such a low float. They are convinced of the manipulation and will do the reverse.

There is going to be much more activity in the oilfield in August. Right now QES and KLX have little revenue. What ever happens in August will be very competitively priced with a small margin or even a loss. It will be at least 3 months until the money starts coming in. They are hiring for the expected increase in activity which also cost big money. They are still cutting cost which will help. It's going to be several quarters before the losses go away.

I hope this works out for those that hold. I will be watching and learning.

Yeah I know, but I thought it was friendship :(

IB_

I feel the same.

They want big institutes which can't invest in any stock under $5 or $10 to chime in, and they don't want the PPS to be close to $1, risking delisting if it goes below $1.

Obviously, when the merger happens, some entity will acquire good amount of shares. If they choose to sell immediately, this will drive the PPS down with such low float. If the PPS goes close to $1 or below because of this selling, there lies the risk.

I also think that this R/S will allow them to offer new shares to expand or for whatever reason without completely destroying the PPS (below $1). At least, these are my interpretations.

I don't think that buying volume will come in till these issues are cleared out.

Good question but I don’t understand the need for a RS either way.

What I need to understand is whether they are planning to do a R/S ONLY if the merger goes through, or they will do it ayways.

Same here.

I wish they would share their plans for the near future.

Thank you very much. I am waiting anxiously for the outcome of the stockholders meeting on July 22nd. Holding a good amount of shares and not sure whether I should hold through the meeting.

Welcome on board.

It’s just money.

I've been heartbroken and beat down !!!!!!!!!!!!!!!!!!!!!!!!!!

IB_ sad :(

Russian Oil Minister: Get Ready for a Significant Uptick In Crude Oil Demand

https://oilprice.com/Latest-Energy-News/World-News/Russian-Oil-Minister-Get-Ready-for-a-Significant-Uptick-In-Crude-Oil-Demand.html

If you read the proxy it says they are doing a Reverse Split before the merger is complete, I'm out

lol

Typo , Multiple of quarterly earnings

Lol I thought your were talking multiple of earning it QeS

See

Now QES is at $1.00 and KLXE is at $2.00

I agree 100% but the merger evidently has most at a standoff.

$5 -$10 imo minimal should be pps right now .

A little higher.

There you are. I thought you were done.

Good to hear from you again my friend.

KLXE should trade at over 3X QES !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

IB_

Yes which is much higher

Upon successful completion of the merger, each issued and outstanding share of QES Common Stock, par value $0.01 per share, will be converted into the right to receive 0.4844 shares (the “Exchange Ratio”) of KLXE Common Stock, subject to adjustment for the reverse stock split of KLXE Common Stock expected to be implemented prior to the consummation of the merger as discussed in this joint proxy statement/prospectus. The Exchange Ratio is fixed and will not be adjusted for changes in the market price of either KLXE Common Stock or QES Common Stock between the signing of the Merger Agreement and the Effective Time of the merger. KLXE stockholders will continue to own their existing shares of KLXE Common Stock. Based on the Exchange Ratio, the number of outstanding shares of QES Common Stock (plus the number of shares underlying outstanding QES phantom units and outstanding QES restricted stock units (but excluding cash settled QES restricted stock units)) and the number of outstanding shares of KLXE Common Stock (including KLXE restricted stock awards), it is estimated that KLXE stockholders will own approximately 59% and QES stockholders will own approximately 41%, respectively, of the issued and outstanding shares of KLXE on a fully diluted basis immediately following the Effective Time of the merger. KLXE Common Stock is traded on the Nasdaq Global Select Market (“Nasdaq”) under the symbol “KLXE.” QES Common Stock is traded on the New York Stock Exchange (the “NYSE”) under the symbol “QES.” The common stock of the combined company will remain listed on Nasdaq under the symbol “KLXE.” We encourage you to obtain updated quotes for the common stock of both KLXE and QES.

KLXE should trade at over 2X QES.

Yeah and retail likes little pps lol

True but larger investors like the higher PPS.

I like liquidity and 50m is better suited imo

After the merger there be about 50 million shares out. After a 1 for 5 RS 10 million or after a 1 for 10 RS 5 million.

Agreed, I just don’t know the logic behind doing that now with the finalization of the merger which were inflated past five dollars easy