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re: Franks International is causing me angst..Posted by TheIndulger on 7/28/14 at 1:14 pm to mkibod1
Who's still riding out this one?
re: Franks International is causing me angst..Posted by wheelr on 7/28/14 at 2:30 pm to TheIndulger
I'm still in. Jumped in when the price dropped from 31 to 24. Now it has been relatively stagnant for months.
FI has officially caused me angst too.
FI has officially caused me angst too.
re: Franks International is causing me angst..Posted by TheIndulger on 7/28/14 at 2:52 pm to wheelr
Same. Thinking about jumping ship.
re: Franks International is causing me angst..Posted by cuyahoga tiger on 7/28/14 at 3:11 pm to TheIndulger
It caused me angst on 1/24 and still today....but I am holding. Why? IDFK
re: Franks International is causing me angst..Posted by TJG210 on 7/28/14 at 3:31 pm to cuyahoga tiger
I'm still hanging on.......why the angst? The O&G industry is booming, and some very big prospects are in the works. It seems like these guys should be getting their share.
re: Franks International is causing me angst..Posted by cuyahoga tiger on 7/28/14 at 3:41 pm to TJG210
quote:
The O&G industry is booming, and some very big prospects are in the works. It seems like these guys should be getting their share.
That is why I am holding. My angst is price related. But I am not selling, so it doesn't really matter. But I hate when any of my plays are in the negative position. Thank goodness for LNGLF, because CAK and GRCU are part my angst generators.
re: Franks International is causing me angst..Posted by TJG210 on 7/28/14 at 4:16 pm to cuyahoga tiger
quote:
Thank goodness for LNGLF
That's how I feel about NOV and CAM....2 I've held for awhile.
Oilfield Suppliers have been knocking it out of the park lately.
This post was edited on 7/28 at 4:16 pm
quote:
I'm still hanging on.......why the angst?
Because this is just my "play account" and I may need to pull out of the stock in a couple of months.
Knew I should have sold at the end of April when it hit $27+. I set my price to sell at something like 27.75 and it hit just a few cents shy.
re: Franks International is causing me angst..Posted by TheIndulger on 7/28/14 at 4:24 pm to TJG210
The O&G industry is booming but this stock isn't
re: Franks International is causing me angst..Posted by GREENHEAD22 on 7/28/14 at 9:02 pm to TheIndulger
Just some food for thought. While I dont think the bottom falling out is coming I wouldn't be surprised if there is some major pull back in the industry in the coming years. This year will set a record for not only money spent in exploration world wide but also the lowest rate of returns ever for the industry with the North Sea leading the way. Will be interesting to see what happens in the coming yeas in terms of the companies and investors.
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re: Franks International is causing me angst..Posted by TheIndulger on 8/6/14 at 10:05 am to GREENHEAD22
Earnings release tomorrow. Any predictions?
re: Franks International is causing me angst..Posted by cuyahoga tiger on 8/7/14 at 6:15 am to TheIndulger
quote:
Earnings release tomorrow. Any predictions?
Haven't a clue.
re: Franks International is causing me angst..Posted by TheIndulger on 8/7/14 at 11:36 am to cuyahoga tiger
re: Franks International is causing me angst..Posted by yellowfin on 8/7/14 at 5:33 pm to TheIndulger
Not good at all
re: Franks International is causing me angst..Posted by Northwestern tiger on 8/7/14 at 10:36 pm to TheIndulger
quote:
Who's still riding out this one?
i jumped back in at 22.70$ a share. we'll find out tomorrow after earning
re: Franks International is causing me angst..Posted by yellowfin on 8/8/14 at 7:02 am to Northwestern tiger
Earnings came out after close yesterday. Don't be surprised to see sub $20
re: Franks International is causing me angst..Posted by Northwestern tiger on 8/8/14 at 9:01 am to yellowfin
quote:
Earnings came out after close yesterday. Don't be surprised to see sub $20
ahhhhhh
still over 21$
This companyisnt going nowhere, they need to get their shite together
re: Franks International is causing me angst..Posted by TheIndulger on 8/8/14 at 1:47 pm to wheelr
Think I'm gonna cut my losses. Missed earnings by a lot.
re: Franks International is causing me angst..Posted by Northwestern tiger on 8/8/14 at 2:11 pm to TheIndulger
The forward looking statement is not bad. Im holding
"We remain confident about our opportunities around the globe. Our International Services segment delivered 9% sequential revenue growth in the second quarter and is expected to grow revenue at least 10% this year. Our U.S. land business, which has previously been in decline, had 9% sequential revenue growth and is expected to grow sequentially the rest of the year. Lastly, we continue to be selected for work as we signed several meaningful contracts this quarter that further strengthen our pipeline of work for the remainder of 2014 and well into 2015 and 2016"
"We remain confident about our opportunities around the globe. Our International Services segment delivered 9% sequential revenue growth in the second quarter and is expected to grow revenue at least 10% this year. Our U.S. land business, which has previously been in decline, had 9% sequential revenue growth and is expected to grow sequentially the rest of the year. Lastly, we continue to be selected for work as we signed several meaningful contracts this quarter that further strengthen our pipeline of work for the remainder of 2014 and well into 2015 and 2016"
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