Fat Bastard New Orleans Saints Fan Paradise Member since Mar 2009 16820 posts Online
re: Anyone following Franks International? (Posted on 10/5/13 at 10:01 pm to I Love Bama)
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.
re: Anyone following Franks International? (Posted on 11/13/13 at 10:25 am to yellowfin)
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.
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.”