Jason,
PFIE was the third largest gainer on the NASDAQ today gaining 22.7% closing at $5.09. This despite absence of company specific news.
I have scoured the internet looking for a clue for the run up.
I bought a fairly good size position in it after reading the report on it in Growth Stock Insider, which Saul had recommended reading.
I live here in the Permian Basin in West Texas. I can tell you first hand that the oil and gas well drilling business has exploded to a level I’ve not seen in the 40 years I’ve lived here. The future is bright for this tiny company which sells a computer automated burner system to clean up the contaminants resulting from oil and gas production. Such systems are already required in Canada. A single well can produce up to $50,000 to $100,000 worth of energy in a single day. PFIE sells their systems for $2000-$3000 resulting in saved lives and a cleaner environment. ProFire is by far the industry leader. New products are in the pipeline.
Jim