I've been reading this board for a while and Im a bull on TECO. I'm tired of hearing everybody cry about losing money. You bought too high, tough luck. Stop crying like a baby. Sell, cut your losses, and forget about it. Or buy more and cost average down. But to whine about it in public makes you look like a rookie.
I'm also tired of hearing about IHUB people. I know they attempted to bankrupt the company. For that, they will suffer the consequences. Let the lawyers handle that. But who cares about their bashing. For every basher, there's a pumper. Tis is life. However, people on this board seemed so consumed on what people do on other boards. How bout we concentrate on our board and our company? If the company took care of business, bashers don't matter.
Now I got my rant out of the way...lol
Regarding TECO...this is a penny stock with bad management LAST year. This year they turned the corner. We have projects on deck and are actually selling crude. For any of you that dabble in penny stocks, you know how hard it is to find an actual company with a real business that makes revenue. That alone is a good reason to buy this stock. Then add the fact that they have the Belize factor. This stock broke out on a long term trend (technically speaking) 6/19-6/24. That trend has not changed. It was a hated stock...let me repeat myself...HATED. Belize was dead, the company was going bankrupt, and it had decreased from 0.13 to .008 before that point. That was the bottom...short term. A wise man once said, be greedy when there's blood on the streets. The blood was pouring in the gutters at that point in time. Now look at us. Oil being SOLD, new projects on deck with renewed investor confidence that management can get the projects completed. Company is NOT bankrupt, and Belize has rumors swirling around. Another wise man said...buy the rumor. The energy industry is expected to do well over the next year (earnings-wise) and the whole sector will get bid up into the next 6 months. We got BULL on the ground taking pics and keeping us updated on the Texas projects. He's our own little insider, so to speak. What else do you folks want? What does your gut say? Mine says this is the beginning of a new uptrend. It needed to test the floor after it broke out...ESPECIALLY with the hated sentiment before it broke out. We're fine here...And if I offended anybody with my earlier comments, I'm sorry. But I just get tired of hearing a bunch of grown ups whine. LONG and STRONG
