I would not count on anyone leaking information. There is way too much at stake. You might have 100,000 bucks at risk on TECO, but Belize has a billion dollars at risk with this Superbond deal.
None of the Shelby information ever leaked into the message boards and we only knew about it after the fact. That is the way I see this Belize production announcement going. We will find out some time down the road that TECO has been producing X barrels of oil per day for the past Y months for net proceeds of Z.
When I was working in the hedge fund industry I got to know about impending news events such as acquisitions or earnings drivers weeks if not months in advance and was under threat of termination and prosecution if I ever spoke to the media or to anyone else about it.
It was both a very powerful and helpless feeling to have market moving information like that, and all I could do is sit smugly and let everyone else speculate. That is why I emphasize just watching the tape, because only the big boys investors and insiders know what is going on.
