When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
GIFI - Gulf Island Fabrication: Signs Of A Turnaround
Gulf Island Fabrication Inc.
Gulf Island Fabrication (GIFI) shares have performed poorly since I last wrote about the company in October. Shares are down 45% in the last six months and 70% over the last year. At the time of this writing, the company trades at almost half the value of its net current assets. The market has chosen to heavily discount GIFI's shares despite $70 million of cash on the balance sheet and zero long-term debt. I find this particularly puzzling because there have been some positive organizational developments at the company in the last six