Anyone following Franks International? | TigerDroppings.com

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TJG210
LSU Fan
New Orleans
Member since Aug 2006
21994 posts
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Anyone following Franks International?


Been wanting to get in since the IPO, but ordinarily I'm wary of IPO's, especially after the initial jump. Am I missing the boat by waiting until it's back until the $25 range?






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poule deau
Member since Jan 2009
996 posts

re: Anyone following Franks International?


quote:

Am I missing the boat by waiting until it's back until the $25 range?


Not sure when that will be:

LINK

quote:

Frank’s International N.V. FI (“FI” or the “Company”) today reported record quarterly total revenues from continuing operations


I do business with them and some of their personnel believe they are on an upswing that is just starting.






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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
70105 posts

re: Anyone following Franks International?


LINK /





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lsuoilengr
Member since Aug 2008
926 posts

re: Anyone following Franks International?


I did an internship with them. Solid outfit. Unfortunately I had bigger plans





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beauxkner
LSU Fan
Flippa City
Member since Jun 2008
453 posts

re: Anyone following Franks International?


Talked about it on Cramer tonight. I bought some more yesterday and it's up 4.15% after hours on Cramer's recommendation. My avg per share is 30.47.





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I Love Bama
Alabama Fan
Alabama
Member since Nov 2007
32139 posts

re: Anyone following Franks International?


Cramer is a hack. I'd sell tomorrow if he's buying





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jimbeam
USA Fan
University of LSU
Member since Oct 2011
31088 posts

re: Anyone following Franks International?


I did some work with them





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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
70105 posts

re: Anyone following Franks International?


Stock is kicking arse , up about 40% since ipo





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fatboydave
LSU Fan
Fat boy land
Member since Aug 2004
6755 posts

re: Anyone following Franks International?


Cramer says buy buy buy buy





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TheIndulger
Longwood Fan
Laffy Taffy
Member since Sep 2011
9863 posts

re: Anyone following Franks International?


I'm thinking about getting in on them





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Fat Bastard
New Orleans Saints Fan
Paradise
Member since Mar 2009
15740 posts

re: Anyone following Franks International?


YES





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Fat Bastard
New Orleans Saints Fan
Paradise
Member since Mar 2009
15740 posts

re: Anyone following Franks International?


quote:

Cramer is a hack. I'd sell tomorrow if he's buying




Then you have never worked in the O&G industry, or know much about the industry, much less at Franks if you feel that way. I represent my chevron and shell clients at franks all the time. I wish they would have went public years ago.






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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
70105 posts

re: Anyone following Franks International?


quote:

Cramer says buy buy buy buy


The dude from Steinfeld?






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Fat Tire
LSU Fan
Baton Rouge
Member since May 2007
389 posts

re: Anyone following Franks International?


Jim Cramer from Mad Money





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poule deau
Member since Jan 2009
996 posts

re: Anyone following Franks International?


quote:

Am I missing the boat by waiting until it's back until the $25 range?


Getting hammered today, this may be your chance.






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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
70105 posts

re: Anyone following Franks International?


earning came out today





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poule deau
Member since Jan 2009
996 posts

re: Anyone following Franks International?


quote:

earning came out today


I briefly looked at it.

Saw some one time negative hits for the quarter but nothing too bad.

Don't know what estimates were and if they missed.

ETA:

Now I see the issue:

quote:

“As we look towards the end of the year, we expect our annual revenues to be flat when compared to our record year in 2012, in which we grew 43 percent. Increases in offshore drilling activity that we had anticipated for the third and fourth quarters along with declines in our U.S. onshore business have lowered our expectations for the near-term.”



This post was edited on 11/13 at 10:27 am


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baytiger
LSU Fan
Houston
Member since Dec 2007
43370 posts

re: Anyone following Franks International?


quote:

Cramer is a hack. I'd sell tomorrow if he's buying
nice call






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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
70105 posts

re: Anyone following Franks International?


it's a marathon, not a sprint


I'll bump in 3 years






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TheIndulger
Longwood Fan
Laffy Taffy
Member since Sep 2011
9863 posts

re: Anyone following Franks International?


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





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