We may have found an information disconnect with another company.

While we pulled the trigger right away with ESCC, it’s not always a given that we will do so with all information arbitrage plays, nor is it a given that we are entirely comfortable with going too gangbusters on our commentary, especially if it’s a company that operates in a field we are not too well versed in.

This is the case with oil field chemical company,, when on August 15, 2022, the company filed a Management Discussion & Analysis document in conjunction with its Q2 financial results. It should be noted that we missed the filing when it came out but are using this as an example of how detrimental it can be to miss valuable information. In other words, while it would have been nice to have tracked it from ground zero, we’re not sure we would have bought the stock.