Global Geophysical Services (NYSE:GGS)

CAPS Rating: 2 out of 5

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Member Avatar scrubs62074 (79.50) Submitted: 2/8/2013 3:50:15 PM : Outperform Start Price: $4.00 GGS Score: -5.02

MACD Crossover 02/08/13

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Member Avatar zwalt99 (94.72) Submitted: 7/27/2011 3:17:12 PM : Underperform Start Price: $17.11 GGS Score: +102.31

I disagree with the commentary below about this company's solid cash flows. Their biggest cash outlay is looking for oil (investment in multi-client library, as they call it), and is not included in the traditional free cash flow calculation. If you add this to FCF, their cash flow situation looks as bad as their net income, and it explains the mounting debt.

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Member Avatar memoandstitch (< 20) Submitted: 5/16/2011 9:27:26 PM : Outperform Start Price: $15.26 GGS Score: -97.43

following the herd

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Member Avatar TMFDitty (99.55) Submitted: 5/13/2011 4:22:20 PM : Outperform Start Price: $15.25 GGS Score: -96.60

Putting my virtual money where my mouth is: GAAP profits aren't here yet, but Global Geo is selling for less than 6x annual free cash flow, and the cash has been flowing strongly for years.

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