This week David Einhorn (Trades, Portfolio) called out North American fracking companies.
What does T. Boone Pickens a man who saw his first frack job in 1952 think about Einhorn's comments?
Pickens doesn't seem to have much of a counter-point. In fact he admits that Einhorn makes some very good points.
Pickens does note that these fracking companies are going to be very attractive acquisition candidates for the major oil companies which are struggling to even maintain their reserves.
