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re: Franks International is causing me angst..

Posted on 7/28/14 at 1:14 pm to
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 7/28/14 at 1:14 pm to
Who's still riding out this one?
Posted by wheelr
Member since Jul 2012
5147 posts
Posted on 7/28/14 at 2:30 pm to
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.

Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 7/28/14 at 2:52 pm to
Same. Thinking about jumping ship.
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
5829 posts
Posted on 7/28/14 at 3:11 pm to
It caused me angst on 1/24 and still today....but I am holding. Why? IDFK
Posted by TJG210
New Orleans
Member since Aug 2006
28336 posts
Posted on 7/28/14 at 3:31 pm to
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.
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
5829 posts
Posted on 7/28/14 at 3:41 pm to
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.
Posted by TJG210
New Orleans
Member since Aug 2006
28336 posts
Posted on 7/28/14 at 4:16 pm to
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 7/28/14 at 4:16 pm
Posted by wheelr
Member since Jul 2012
5147 posts
Posted on 7/28/14 at 4:22 pm to
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.

Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 7/28/14 at 4:24 pm to
The O&G industry is booming but this stock isn't
Posted by GREENHEAD22
Member since Nov 2009
19585 posts
Posted on 7/28/14 at 9:02 pm to
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.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 8/6/14 at 10:05 am to
Earnings release tomorrow. Any predictions?
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
5829 posts
Posted on 8/7/14 at 6:15 am to
quote:

Earnings release tomorrow. Any predictions?


Haven't a clue.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 8/7/14 at 11:36 am to
Looks like high EPS estimate is .33, low .30, consensus .31.

LINK
Posted by yellowfin
Coastal Bar
Member since May 2006
97615 posts
Posted on 8/7/14 at 5:33 pm to
Not good at all
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23483 posts
Posted on 8/7/14 at 10:36 pm to
quote:

Who's still riding out this one?


i jumped back in at 22.70$ a share. we'll find out tomorrow after earning
Posted by yellowfin
Coastal Bar
Member since May 2006
97615 posts
Posted on 8/8/14 at 7:02 am to
Earnings came out after close yesterday. Don't be surprised to see sub $20
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23483 posts
Posted on 8/8/14 at 9:01 am to
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
Posted by wheelr
Member since Jul 2012
5147 posts
Posted on 8/8/14 at 9:06 am to
I was bored and decided to jump out of this crap on Tuesday. Thanks goodness I did. Down 7.5% to 21.15 as of today.

(I used the money to buy in CBDE )
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 8/8/14 at 1:47 pm to
Think I'm gonna cut my losses. Missed earnings by a lot.
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23483 posts
Posted on 8/8/14 at 2:11 pm to
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"
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