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Emerge Energy Services Is Poised To Drop 50% On Three Possible Negative Catalysts

– Emerge Energy Services (EMES) had an atrocious 3rd quarter and is a bankruptcy risk. We have a $2.50 price target on the stock.

– There are three possible upcoming negative catalysts for EMES: 1.The amendment of its credit facility 2. The start of an ATM equity financing. 3. The 10-Q with “going concern” language in it.

– OPEC is picking up production while US shale is decreasing. Iraq is suddenly flooding t

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