Did Your Stock Broker Recommend Carbo Ceramics?

Soreide Law Group is representing clients against their stock brokers who recommended Carbo Ceramics in large concentrated positions. CRR may have been unsuitable for some investors and some brokers may have failed to limit losses as the stock crashed.  We have already filed one claim against a National Securities broker for recommending Carbo Ceramics to his customers and are interested in speaking with other clients who purchased the stock.

Carbo Ceramics in 2014 reached a high of about $150 per share.  From there the stock crashed through all moving averages and showed relative weakness all the way down.  If your broker held this stock and had no exit strategy and failed to limit your losses you may have a valid claim.  Any proper trade plan has risk management and an exit strategy.
Carbo Ceramics Stock Decline

Carbo Ceramics Stock Decline

Carbo Ceramics is a Houston based oil and gas equipment and services company. CRR provides products and services to the oil and gas industry worldwide. CRR engineers solutions in to optimize fracing technology businesses anddeliver value to E&P operators by increasing well production and estimated ultimate recovery. CRR produced ceramic proppant and provides fracture simulation software. Carbo Ceramics also provides technology solutions for spill prevention and containment. It sells its products and services to operators of oil and natural gas wells and to oilfield service companies for use in the hydraulic fracturing of natural gas and oil wells. The company was hit hard with the recent downturn and movement away from fracing. If you lost money in CRR due to your stock brokers recommendation call 888-760-6552. Soreide Law Group is a securities arbitration firm that handles FINRA arbitrations nationwide against financial professionals. If you bought this stock on your own through a self directed trading platform we cannot assist you but if your broker recommended CRR please contact us today.

 

2017-10-06T16:26:22+00:00 October 6th, 2017|

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