The best way to think about things right now is that it is in the interest of us the retail share holders and Treaty to focus on pleasing the INSTITUTIONAL investors. This means that even if they have to be quiet and just stick to their knitting in between major milestones, so be it.
We tallied up ownership of longs on this board and we came up with an estimate of about 50 million shares. Let's double that and say that adding all the retail investors up that follow the stock on all the message boards and Facebook that we are at about 100 million shares. Let's give us an average price of 4 cents.
That's only 4 million dollars worth of cost basis contributed by all the little investors and guess what, that's not even half of the initial outlay that a medium sized energy holdings company spends on 1 well!!!!!
After what I was taught last week I'm just glad we don't hear about explosions in the oil field in this country every single week just from the drilling process! This is labor intensive, time intensive, and there are any number of things that can go wrong at any moment.
I hope that I'm getting through to people that we are all here to ride the backs of the institutional investors once they start piling on. They do not play press releases. The look at multiple data points over a longer time frame because they are going to park their money in an oil play for 5 to 10 years! That means it could take multiple quarters maybe even a couple of years before pulling the trigger, but I think that I would do the same if I was going to put 1 million bucks into TECO let alone 10 million because it's going to have to sit there for what could be half a decade or more!
If everyone starts to adopt the mindset of the big investor then they can align their expectations accordingly. Having said that I am looking for a bit of a pop based on chart pattern where I will do some trading, but I am looking to keep a large core position for the full multi year move.
