Posted On: 08/27/2012 4:22:16 PM
Post# of 39368
TECO one of 5 penny oil E&P above 50 WMA
I monitor 44 penny stock oil companies right now as a comparison for TECO. Out of those 44 companies, only 5 of them are trading above their 50 week moving average.
Those companies are BDCO, CKX, OEDV, PNRG, and TECO. These are the cream of the crop in penny stock oil land and trading above the 50 WMA means the stock is in an uptrend. That's all that matters until we get our next big catalyst.
Here is a list of the penny oil companies in case you want to do some peer group comparison:
| AEDC |
| AOIL |
| ASEN |
| ATPG |
| BDCO |
| BKKN |
| BRN |
| CKX |
| DBLE |
| DUMA |
| ECCE |
| EFLO |
| ERHE |
| FEEC |
| FORC |
| FRMC |
| GGR |
| GMXR |
| GRPR |
| GSX |
| HDY |
| HKN |
| HUSA |
| IPRC |
| JANI |
| LEI |
| MPET |
| OEDV |
| PDO |
| PEII |
| PNRG |
| QBC |
| RDMP |
| RIOB |
| ROYL |
| RSRV |
| SKPI |
| SNPK |
| SPND |
| TECO |
| TENG |
| UAPC |
| USEG |
| WGAS |
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