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Nuverra Environmental Solutions Inc. (NES) [hlAlert]

Rating:
Buy HEK
down 95.69 %

HECKMANN CORPORATION (HEK) rated Buy with price target $8 by Roth Capital

Posted on: Monday,  Mar 15, 2010  8:25 AM ET by Roth Capital

Roth Capital rated Buy Nuverra Environmental Solutions Inc. (NYSE: NES) on 03/15/2010, when the stock price was $60.60.
Since then, Nuverra Environmental Solutions Inc. has lost 95.69% as of 01/19/2016's recent price of $2.61.
If you would have followed this Roth Capital's recommendation on NES, you would have lost 95.69% of your investment in 2136 days.

Heckmann Corporation (Heckmann) was a blank check company whose objective was to acquire, through a merger, stock exchange, asset acquisition, reorganization or similar business combination, one or more operating business or businesses. The Company completed the acquisition of China Water & Drinks, Inc. (China Water), a bottled water company operating in the People?s Republic of China (China), on October 30, 2008. China Water became a wholly owned subsidiary of Heckmann. On May 19, 2008, the Company, and Heckmann Acquisition II Corp., and the Company?s wholly-owned subsidiary (Acquisition Sub), entered into an agreement and merger and reorganization (the Merger Agreement) with China Water and Drinks Inc. China Water produces bottled water products at facilities in the cities of Beijing, Guangzhou (Guangdong Province), Changchun (Jilin Province), Feixian (Shandong Province), Nanning (Guangxi Province), Shenyang (Liaoning Province) and Changsha (Hunan Province).

ROTH researches emerging growth equities in the media, technology, telecommunications, healthcare, consumer, energy and industrial sectors. The research is focused on companies with market capitalization of between $100 million - $1 billion. Our coverage universe includes approximately 180 small cap growth companies around the globe including several companies from China. With an average market cap of approximately $500 million, our objective is to identify rapidly growing companies with significant long term growth prospects.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/15/2010 8:25 AM Buy
None
60.60 80.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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