How should the stock of company involved with oilfield services react to higher oil prices?

The company is Flotek industries (ftk).How should the stock of company involved with oilfield services react to higher oil prices?
In general higher oil prices means more people looking for oil, and more folks to buy stuff from an oil services company.How should the stock of company involved with oilfield services react to higher oil prices?
Generally it's bullish, but oil prices are rising so sharply because Bernanke is sacrificing the dollar to even out the trade deficit. The funny thing is that he gave Wall Street exactly what they wanted in the half point cut. I was shocked when he did this after he had already flooded the system with cash. Wall Street is so short-sighted it is almost comical. When companies have shifted their plans and stop investing in new machinery, they can't just reverse their plans overnight. OK, I'm finished preaching for a while. I will say that the stock market should trade flat to slightly up for the next six months solely because of the weak dollar leading to international investment in the US markets. Good luck.
Higher crude oil prices don't necessarily translate into higher profits for oilfield services. However, they could stimulate additional oil searching.
Bigger profits.However tommorrow the stock market could drop. Friday was down like an almost record 300 points.


It depends how investors react to the volatility in the stock market and commodities traders react to client's wanting to cash out and dump the stock. Me..I would hold.