Why is nobody buying TECO stock? IMO three words,
Why is nobody buying TECO stock? IMO three words, financials, credibility and Ihub! It's easier to cause fear than hope and the Ihub crew has been causing Fear, Uncertainty, and Doubt (FUD) for years. I'm sure there are many potential investors who don't know what Ihub is but then again; it's not as though TECO is in the Wall Street Journal or Oil Trade Magazines. The only way the past management was going to do something about the Ihub crew and lack of credibility would have been to PR a plan and implement that plan "successfully" over and over but instead there ended up too many false promises. How many rumors have there been since TECO's inception? Too many! How many actually produced an ongoing successful outcome/milestone? This is what anyone performing DD on TECO will ask themselves. They will look for current financials and find zero so why would they invest in TECO?
Mr. Chris T. and new BOD have their work cut out for them! I hope they understand the microcap cesspool they are working within.
Fluff PRs won't be tolerated for long and false promises are killers whether it's simply a missed date or an entire project. There are too many stocks to invest in and so TECO needs to stand out from the crowd. Combine all the above with those who are willing to chase the PPS rather than risk it going lower and buyers become limited. Then we will have flippers, shorters and trend players once the PPS gets off the ground which might stall upward momentum. IMO a couple of back to back successes and milestones need to be achieved and that news should be held until the milestones pile up until 2-3 can be 110% verified by the public. Then hit them across the side of head with PR (BOOM!) after PR (BOOM!) after PR (BOOM!) out of nowhere!!!
Treaty Energy Corporation (TECO) Stock Research Links
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