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Mitcham Industries Inc. Message Board

  • o08o.ugh64w o08o.ugh64w Dec 13, 2012 8:59 AM Flag

    Director purchases shares

    Peter Blum bought 20,000 shares over past two days at prices just below $12/share.


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    • n16m15--did this director throw his money away, or what? Did a family hire slip him the money to make this purchase? Did they not tell him this POS is doomed? I expect a response to this when your regular shift ends and you get back on line to make your piece work income supplements with your nonsense posts.

    • I notice GEOS reported yesterday a similar pattern to MIND and forecasted a similar type of rebound for the next quarter. MIND is hardly alone in what it experienced this late summer-fall.
      "...But results sharply missed Wall Street expectations. Shares, which were halted briefly after hours, fell 12% in recent late trading to $70. Through the close, the stock had more than doubled this year.
      Chief Executive Gary D. Owens said the revenue in the latest quarter declined compared to previous periods in the fiscal year, reflecting an erratic flow of orders.
      "As we have often said, our business is lumpy as evidenced by our fourth quarter results for both fiscal year 2011 and 2012," said Mr. Owens. "However, revenues are expected to rebound in the first quarter of fiscal year 2013."
      Geospace Technologies makes equipment used by oil and gas companies to collect and process seismic data, as well as to characterize and monitor reservoirs.

      • 1 Reply to dormie18
      • LOL...You are comparing GEOS to POS MIND????;range=1y;compare=mind;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

        GEOS is a well run company with a top notch management.

        MIND IS GARBAGE ALL AROUND with a worthless management.

        The stock will always be nothing more than a pump & dump.

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