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Started By
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Franks International is it in your portfolio?
Posted on 12/31/13 at 12:18 pm
Posted on 12/31/13 at 12:18 pm
I am sure lots of folks in S. La and Texas are familiar with this outfit. CEO/Pres bought $2mil+ of stock in November at just under $25. Now at $26 or so but has lost some the last few days and is lower today. Waiting a bit more until I place my stake in this.
Any insight out there?
Any insight out there?
2
Posted on 12/31/13 at 1:02 pm to cuyahoga tiger
This is very un-scientific, but you don't spend a boatload of cash to build a new cutting edge headquarters if bright days aren't on the horizon.
I did think the company releasing shitty guidance, then the CEO buying over $2M in stock, then updating the guidance to being more positive is shady.
FYI, I'm in at $23.93. Bought right after the negative guidance was issued around the time the CEO bought shares.
I did think the company releasing shitty guidance, then the CEO buying over $2M in stock, then updating the guidance to being more positive is shady.
FYI, I'm in at $23.93. Bought right after the negative guidance was issued around the time the CEO bought shares.
Posted on 12/31/13 at 1:05 pm to cuyahoga tiger
down .50 since this post
I blame you a-hole
I've bought at a few different prices
I blame you a-hole
I've bought at a few different prices
Posted on 12/31/13 at 1:27 pm to yellowfin
Interested...tell me more. What do they do?
Posted on 12/31/13 at 1:31 pm to SmackoverHawg
quote:
Interested...tell me more. What do they do?
Segment leaders in drill casing/tubes??? for primarily deep water and directional drilling both in the gulf and overseas.
Posted on 12/31/13 at 3:36 pm to cuyahoga tiger
quote:
Segment leaders
Posted on 12/31/13 at 6:07 pm to SmackoverHawg
quote:
What do they do
Put up witty billboards on hwy 90?
Posted on 12/31/13 at 7:28 pm to Beerinthepocket
quote:
This is very un-scientific, but you don't spend a boatload of cash to build a new cutting edge headquarters if bright days aren't on the horizon.
I would argue the exact opposite
Posted on 1/1/14 at 10:45 am to Beerinthepocket
quote:
This is very un-scientific, but you don't spend a boatload of cash to build a new cutting edge headquarters if bright days aren't on the horizon.
I guess you weren't around Lafayette in 1985.
Posted on 1/2/14 at 11:51 am to Overbrook
quote:
I guess you weren't around Lafayette in 1985
Omni in the 90s
Posted on 1/2/14 at 1:38 pm to agdoctor
Put in a buy order today, 500 shares, when it gets to $25.25...
Posted on 1/7/14 at 1:21 pm to cuyahoga tiger
quote:
Put in a buy order today, 500 shares, when it gets to $25.25...
Looks like you picked some up today.
Anyone know the reason for the 3% drop today? I don't see any news on Google or Yahoo finance, nor on the Franks page.
Posted on 1/7/14 at 3:57 pm to wheelr
quote:
Looks like you picked some up today
Yes I did. I have heard no bad news either. Although a friend with Exxon tells me that the with the Iran situation cooling it would not surprise him to see oil in the $70 range this summer. I think he's nuts but if that happens it would definitively slow drilling, you would think. But what do I know?
Posted on 1/10/14 at 6:59 pm to cuyahoga tiger
(no message)
This post was edited on 1/10/14 at 7:02 pm
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