FFEX going to EXPLODE IMO. Here's why: (1) FFEX

FFEX going to EXPLODE IMO. Here's why:

(1) FFEX earned .06 EPS last Q and guidance implies .26 EPS for the 2nd half of the year. If they hit their guidance, which I think they'll easily beat, FFEX should explode fast.

(2) FFEX is a huge turnaround story. After 4 years of restructuring, cost cutting, selling off unprofitable assets and investing in profitable ones, FFEX earned their first profitable Q last quarter since the recession began in 2008 with guidance of "conservative" (their words) of +.26 EPS for the 2nd half of the year or +.52 annualized. FFEX used to trade over $10 and pay a dividend along with a share buyback and even over $4 just last year. In short, management has a long history of success so I expect this successful turnaround to accelerate.

(3) Industry demand plus a industry capacity shortage suggests earnings and growth will continue for some time. Management expects continued profitability.

(4) There is a lot of institutional following and ownership. I think once these earnings come out, the stock will move quickly since it's already on many radars but many people may not be understanding the guidance figures and how easily they are attainable based on the success FFEX had mapped out and executed. The PR is vague but clarified in the CC so I think a lot of people missed it.

(5) FFEX has a small float of 12.19 million and trades under book value.

(6) FFEX has a tiny but exploding niche in water transportation for the fracking industry that just started the end of last year, but it has very high margins and growth. From the 10Q: "Water transport services revenue grew approximately 60% compared to the first quarter of 2012 and 290% compared to the fourth quarter of 2011, which was the first full quarter of operation."