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To short GIFI ahead of earnings or not?

Stock has low volume. GIFI a small company that focuses on oil rig repairs, boat repairs, and other related industrial repairs.  Because of the small size of the company I would think margins would fall along with business being focused on the United States.  The stock has run up a touch. The stock has missed earning two of the last four quarters.  Tempting; but, I think I am going to stick with my rule of avoiding the thinly traded.  (update 3/3/08  many oil companies are modifying old rigs to meet needs rather because abandonment costs are high. This should benefit GIFI going forward.

Entertainment purposes,

February 27, 2008 - Posted by | Stock investing links, ideas, and opinions. | ,

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