"This is a company on the move , we should all sco
Post# of 39368
Posted On: 11/10/2013 3:48:13 PM
"This is a company on the move , we should all scoop up some more shares this week." So far the speed that TECO and/or Bull have been able to get this drilling company to move is a 180° turn around from my past experiences. Cripes if SJ #1 thru #3 moved this quickly we would be drilling SJ #8 by now. These qty 5 wells are moving quickly. On the other hand I'm waiting for more facts to come in before buying additional shares. I think I will risk any chase again. Fundamentals and milestones are one thing and in most penny stocks the PPS would have already rocketed on the qty 5 well news and then retraced on Friday's Q2 financial reports. We don't know the qty 5 well BPD totals and in addition the manipulation might get worse before it gets better based on shorties increased desperation to hold TECO down. Shorty knows his days are numbered so they might pull out all stops to lower the PPS. We could go lower waiting on the better looking Q3 financials and the qty 5 wells to be completed before we go higher. Unless of course the GOB steps up with SJ #3 and or another huge unknown milestone is achieved. My bet is PPS opens lower tomorrow based on Friday's Q2 filings. Not because weak hands will be selling but because the MM's and brokers will use the filings as an excuse to hold down the PPS and possibly lower it. How many more weeks the MM's and brokers will have to play is the big question. Another question is what additional BPD out of Texas or other milestone will scare them into letting go? It might surprise some how much success TECO can have prior to the manipulators, shorters, bashers, etc letting go and allowing TECO's share value to reach it's true potential.
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