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re: Anyone following Franks International?

Posted on 11/13/13 at 12:14 pm to
Posted by poule deau
Member since Jan 2009
1405 posts
Posted on 11/13/13 at 12:14 pm to
quote:

Are they saying they anticipated more offshore drilling than is actually occurring?


The wording there was confusing to me as well. I took it to mean that they didn't see the increases they were expecting offshore.

No doubt about these two statements, though:

quote:

we expect our annual revenues to be flat

quote:

have lowered our expectations for the near-term


Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 11/13/13 at 1:10 pm to
Hmm. Maybe they should work on their delivery.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
9204 posts
Posted on 11/13/13 at 1:40 pm to
quote:

Anyone following Franks


If they aren't making hot sauce, no.
Posted by lsuguru
Lake Charles
Member since Aug 2007
1782 posts
Posted on 11/18/13 at 8:36 am to
I really like Frank's, hopefully it drops between 24-25 so I can pick some up. They are everywhere in the GOM and they have a dominant casing division. Good to see them expanding services and into other markets
Posted by yellowfin
Coastal Bar
Member since May 2006
97632 posts
Posted on 11/18/13 at 8:56 am to
quote:

I really like Frank's, hopefully it drops between 24-25 so I can pick some up.


It's there right now
Posted by CP3LSU25
Louisiana
Member since Feb 2009
51150 posts
Posted on 11/18/13 at 5:33 pm to
quote:

The dude from Steinfeld?

Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23483 posts
Posted on 11/18/13 at 9:12 pm to
i bought shite load at 25.12 and another 1000 today at 24.04
now its at 24

Not sure if it is stupid or a smart move
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 11/18/13 at 9:29 pm to
Took a 6% tumble today, wonder why
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23483 posts
Posted on 11/19/13 at 2:27 am to
quote:

Took a 6% tumble today, wonder why


Um downgraded to sell by GS
Posted by yellowfin
Coastal Bar
Member since May 2006
97632 posts
Posted on 11/19/13 at 11:02 am to
quote:

Not sure if it is stupid or a smart move


I just bought more yesterday too, guess we'll find out
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23483 posts
Posted on 11/19/13 at 11:15 am to
quote:


I just bought more yesterday too, guess we'll find out


major shareholder bought a bunch few days ago

Frank s International (NYSE:FI) major shareholder Donald Mosing acquired 70,000 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were purchased at an average price of $25.48 per share, with a total value of $1,783,600.00. Following the transaction, the insider now directly owns 95,000 shares in the company, valued at approximately $2,420,600.
Posted by yellowfin
Coastal Bar
Member since May 2006
97632 posts
Posted on 11/19/13 at 11:38 am to
That's not me
Posted by GREENHEAD22
Member since Nov 2009
19593 posts
Posted on 11/19/13 at 10:13 pm to
Damn, knew they had $, didnt know it was that kind of $.
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23483 posts
Posted on 12/5/13 at 9:37 am to
quote:


I just bought more yesterday too, guess we'll find out


Are you still holding?

Im thinking of selling . Im up 6%
Posted by lsuguru
Lake Charles
Member since Aug 2007
1782 posts
Posted on 12/5/13 at 11:37 am to
I bought some at $24, not too bad of a turnaround for a couple of weeks. I'm keeping my shares until $30
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23483 posts
Posted on 12/5/13 at 11:44 am to
quote:

I bought some at $24, not too bad of a turnaround for a couple of weeks. I'm keeping my shares until $30


As a day trader i'll be moving on and looking for other options
Also the consensus target price for Fi if 32$ so it might take a little time before it hit 30$
I'm still holding , definitely will sell btw 26.50 and 27 which i'm happy to cash in at 7% profit
Posted by yellowfin
Coastal Bar
Member since May 2006
97632 posts
Posted on 12/5/13 at 8:29 pm to
quote:

Are you still holding?


Yeah I'm buying long term. Haven't even looked at it
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16906 posts
Posted on 12/5/13 at 10:03 pm to
now is the time to buy. going to grab a couple hundred shares tomorrow to hold.

they are a lafayette staple now. have to own some!

also a solid long to hedge my spec stocks some
This post was edited on 12/5/13 at 10:05 pm
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23483 posts
Posted on 12/6/13 at 10:56 am to
So tempting to keep

Like how much more it will climp
I usually wouldn't hesitate for a second selling at 12% profit
Posted by ynlvr
Rocket City
Member since Feb 2009
4587 posts
Posted on 12/6/13 at 11:03 am to
Bought at $24.25 on November 18. I cut my position in half today. Can't bring myself to get rid of it all. I think there is still good headroom.
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