Slow Ranger, to give my opinion to your question "what the catalyst would be to drive the price of this stock up". Anyone knowing the specific answers to your question would have insider information but you know this. The only folks who could provide specific answers with any 100% confidence in their answers would be the company insiders. It's illegal for anyone to know 100% for sure the answers to the question your asking before being made public but I'll give my opinion!
IMO the only thing that's going to help TECO's PPS at this point is improved quarter over quarter financials but I was saying this last spring. If this so-called Project X were to be announced then depending on what it's worth; that might move the PPS similar to KGET's. The $5mm Louisiana drilling project announcement didn't make a dent long term. I've said numerous times:
1) The company is under attack by NSS and a group of petitioners so it's like trying to climb up an icy hill. "Two steps forward, one step back."
2) TECO has cried wolf too many times so as good as a PR might sound; IMO the public will want to see SEC filed 8K's or similar for proof moving forward.
3) 10Q2 was lousy and that filing is all the public has to go by as far as documented business fundamentals since 6/30/2012. i.e. 8 months ago. TECO said 10Q3 is suppose to show the turn around in the start of their new business plan and 10Q4 as audited in the 10K will show the company has turned the corner.
We won't have any documented proof of all the above until the filings come out and/or a PR about this so-called Project X or any other large deals. Other than SEC filings we have another set of promises in the Six Month Prospectus. I'm just trying to say it like it is vs beating around the bush. This information is what anyone doing their basic TECO DD can find publically. The AS is public, the OS is public, the 10Q2 is public, the past PR's are all public and if someone reads those older PR's then they will leave the reader with questions about the PR's status. Then if the reader reads the 2011, 2012 and 2013 SEC filings they will see how those PR's turned out and make their decisions to buy, sell or hold. I'm buying early this week based on upcoming filings which I believe will show improvement. Then I might hold or sell based on what the remaining 2013 filings say and how much progress they communicate about the W. Texas progress and/or any other news.
IMO the only thing that's going to help TECO's PPS at this point is improved quarter over quarter financials but I was saying this last spring. If this so-called Project X were to be announced then depending on what it's worth; that might move the PPS similar to KGET's. The $5mm Louisiana drilling project announcement didn't make a dent long term. I've said numerous times:
1) The company is under attack by NSS and a group of petitioners so it's like trying to climb up an icy hill. "Two steps forward, one step back."
2) TECO has cried wolf too many times so as good as a PR might sound; IMO the public will want to see SEC filed 8K's or similar for proof moving forward.
3) 10Q2 was lousy and that filing is all the public has to go by as far as documented business fundamentals since 6/30/2012. i.e. 8 months ago. TECO said 10Q3 is suppose to show the turn around in the start of their new business plan and 10Q4 as audited in the 10K will show the company has turned the corner.
We won't have any documented proof of all the above until the filings come out and/or a PR about this so-called Project X or any other large deals. Other than SEC filings we have another set of promises in the Six Month Prospectus. I'm just trying to say it like it is vs beating around the bush. This information is what anyone doing their basic TECO DD can find publically. The AS is public, the OS is public, the 10Q2 is public, the past PR's are all public and if someone reads those older PR's then they will leave the reader with questions about the PR's status. Then if the reader reads the 2011, 2012 and 2013 SEC filings they will see how those PR's turned out and make their decisions to buy, sell or hold. I'm buying early this week based on upcoming filings which I believe will show improvement. Then I might hold or sell based on what the remaining 2013 filings say and how much progress they communicate about the W. Texas progress and/or any other news.
