Can you believe there are some TECO shareholders w
Post# of 39368
Posted On: 12/07/2014 12:57:42 PM
Can you believe there are some TECO shareholders with 100 million shares and over. These are smart individuals who spent much money buying all these shares.
Many were purchased on old and new regime forward looking statements. IMO and based on my DD; not one milestone has been either maintained for long term revenue or has any recent forward looking statement been accomplished. IMO TECO is the riskiest play in the OTC. I've cut my position by 1/3rd with a small profit in recent weeks. The new regime is following through much too slowly and they should have known better through their own DD. They should have known what they were up against before making a single statement. Just like the last regime; lofty statements with zero results. 24 days left to this ludicrous self-imposed "I will have some results" date of 12/31. Why set any date at all with so many problems and unknowns? Consistent and proven oil production won't happen by 12/31. Another PR might claim to have some deal signed or still in progress but what will the market believe? " Hope" is a great and powerful tool to throw at shareholders but the general market will ignore future PR'S without filings! Mark this "reality"!
Many were purchased on old and new regime forward looking statements. IMO and based on my DD; not one milestone has been either maintained for long term revenue or has any recent forward looking statement been accomplished. IMO TECO is the riskiest play in the OTC. I've cut my position by 1/3rd with a small profit in recent weeks. The new regime is following through much too slowly and they should have known better through their own DD. They should have known what they were up against before making a single statement. Just like the last regime; lofty statements with zero results. 24 days left to this ludicrous self-imposed "I will have some results" date of 12/31. Why set any date at all with so many problems and unknowns? Consistent and proven oil production won't happen by 12/31. Another PR might claim to have some deal signed or still in progress but what will the market believe? " Hope" is a great and powerful tool to throw at shareholders but the general market will ignore future PR'S without filings! Mark this "reality"!
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