$5.92 -0.17 (-2.79%)
12/3/2009 4:00 PM

Global Industries, Ltd. (GLBL)

CAPS Rating: 5 out of 5

Provides construction services, including pipeline construction, platform installation and removal, construction support, and diving services, to the offshore oil and gas industry in the United States Gulf of Mexico and in selected international areas.

Recs

3
Member Avatar devilinside (94.40) Submitted: 4/30/2009 8:38:27 PM : Outperform Start Price: $3.56 GLBL Score: +41.64

All I can say about this little company in a sea of sharks is "IMPRESSIVE". This company continues to find contracts, although small; they keep the cash flow going. When the demand for oil rises again, they very well may become one of the sharks.
Insiders hold and are buying shares. Institutional investors have large holdings as well. Management is conservitive and shows a real desire to build shareholder value. The fundamentals of the company are solid.

I bought this stock @ $3.38 and I'm up 91.42%. It continues to get good press and find new contracts from seemingly nowhere.

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