Gulf Island Fabrication, Inc. (NASDAQ:GIFI)

Oil capacity will be in demand for a while.

I am from their area, and while other companies in the industry have laid off and slowed down due to the economy this company has taken up their slack, using the opportunity to expand and grow, even hiring the laid off workers from competitors.

price is marked down low since october 08

The stock used to trade at $55. Now it's moved quickly from $5 to $16 and reported good earnings. I believe they will be building oil rig platforms overseas and continue to grow earnings.

I think as we are finding our way to energy independence or alternate fuels this company will have a lot of biznis. If we go the direction of alternate fuels during this presidency this will sink some and I hope to be on that drop. Not that President Obama has not invested already towards energy independence but for some time this will not, and indeed could not, happen in that short of a time.

The pitch for this stock can be found on the Stinky Feet bulletin board at http://boards.fool.com/Message.asp?mid=26816565 . Stop by and let us know what you think of this pick.

Read the stinkyfeet discussion

The reasoning behind the selection of this stock, and a board on which to discuss the stock, or whatever else you like, can be found on the MF Stinky Feet discussion board at http://boards.fool.com/Messages.asp?mid=26829411&bid=119057&days=7 . Hope to see you there.

Maybe ??

$50+

Build those derricks!

Fabrication seems to be leading in a sence that chips are still a valuable comotitee.

oil what else

This company will be in high demand as it tries to keep up with demand for their services during the hurricane season. It is very nice to see that 75-85% of this company is owned by institutions and the volume of trading is high. May I also say that if there is in fact over 4 billion barrels of oil on the Montana/South Dakota border, Gulf Island Fabrication Incorporated, will be a prime candidate to capitalize on that opportunity. This is definitely a HOLD at least until September. Assuming the U.S. dollar doesn’t make an abnormal recovery.

In the right place at the right time.

biggest upgrade change barchart

As Americans wake up to the need for extensive domestic exploration & drilling, investors will see this & money will start to pour into companies that step up to fill this need. These companies will need all of the equipment that GIFI fabricates for their start up & already established companies will begin to upgrade & update their equipment as money from investors once again start to flow their way. Good time to get in. Should reach approx. $80 a share in the next 3 - 6 months.

Active

Small cap oil services, 50+ Allstar backing, hot sector, well managed, up 25% on the index in a month, low PEG. Added at a PE of 15 & will hold until I think the sector is cooling.