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  4. Treaty Energy Corporation (TECO) Message Board

That wasn't my point.  My point was what I though

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Post# of 39368
Posted On: 09/25/2012 4:07:33 PM
Posted By: DTL
Re: allbetson #820

That wasn't my point.  My point was what I thought today's PR would do for the PPS and not whether the news should have been released or not.  It was informative to me as well but did I jump for my wallet and log into Etrade? My answer is "no" and I bet many others didn't either.  I have plenty of shares and will wait for now but that's just me and what I plan to do.  Though by the looks of the volume; many others feel the same way.  I've said before; PR's don't necessarily increase a company's PPS.  Some PR's like today's imply costs to the company.  They said in today's PR that they paid "cash" for the rig and that is much better than buying on credit i.e. creating debt.  Then the mention  "again" about "turning the corner in 3rd Q".  That was stated in the July 31st PR.  Nothing in the PR proved anything  about BOPD or new revenue to the big money future shareholders sitting on the sidelines. All retailers combined couldn't stop the manipulation over a period of months/years.  As I said IMO this PR won't increase the PPS too much but possibly stop some of the retrace to the high 2's.  I hope I am wrong since I want to see the PPS reverse back up to .13 just as badly as the next shareholder.



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