Brian Grosso
Investment advisor, long only, long-term horizon, value

Global Geophysical Services: A Compelling Small-Cap Turnaround Story

Global Geophysical Services (GGS) is a small-cap seismic data provider under new leadership that may just be a great turnaround play despite the recent jump.


The chart below is what drew my interest in GGS.

(click to enlarge)

Multi-year turnaround stories are scarce but very, very profitable to those who catch them before the market at large. I noticed that the stock traded as high as $17 just a few years ago and became curious as to whether those levels were possible again. I'm a little disappointed that I didn't find this company sooner. Just a few months ago, shares traded for as little as $1.86.

(click to enlarge)


The price action is strange and worth explaining....

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