$TECO holding lower support, look for move back ab

$TECO holding lower support, look for move back above 4 cents

As mentioned repeatedly, $TECO has only closed once below 4 cents on a monthly basis since April of 2011. This week's volume was light once again as the big boys are still sidelined ahead of major news catalysts in the form of the 10 Q and Belize productions.

During periods of light volume the bears have enough money to control the tape and discourage buying, and the stock is back in an area as illustrated by the chart below where it was late last year, and just a few months ago. This has to be the most undervalued the stock has been in at least a year since we know that the upcoming 10 Q has a high 90% plus chance of showing that the 3rd quarter is the highest on record, and we should be producing in Belize very soon.

Just around the corner will be the 4th quarter and the 10K. The market is all about discounting the future and assigning probabilities. So, if ball park we are getting what will be within 3-6 months a 1,000 bpd company at only 3.5 cents per share, this is the deal of a lifetime.

[IMG]http://i.imgur.com/ehaYs.png[/IMG]