OTCPK:GSFVF - Post by User
Post by
geodude13on May 23, 2011 10:00am
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Post# 18613964
Q3 Earnings - a point of inflection
Q3 Earnings - a point of inflectionIn reading the Q1 earnings report, I think we're in a period of chop due to the January fires and the capital investment in new equipment/personnel. I think Q2 has potential to be better but break up usually makes for Q2 to be a poor quarter for most oilfield service companies. Q3 reporting has the potential to be a real indication of what earnings could be. I holding for now and considering buying below $10 if the opportunity presents itself. Hopefully the safety record improves though. The company needs to pay attention to the TRI numbers as the big oil companies do pay attention to those statistics.
Regards,