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  4. Treaty Energy Corporation (TECO) Message Board

Great post coolnapz.   It's seems a simple enou

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Post# of 39368
Posted On: 12/13/2012 4:12:53 PM
Posted By: DTL
Re: coolnapz #4335
Great post coolnapz.   It's seems a simple enough concept to go out and find a whale who knows what NSS is and who also realizes TECO's potential and who realizes what a few million dollars can quickly make he/she a huge return when forcing the shorts to cover.  10mm shares at .02 is only $2mm at the current ask.  There are plenty of people  out there the give away $2mm.    Even if the stock retraces the whale should still see at least a .13/share return and should have plenty of incentive to hold long term even it the PPS retraced to .07's.  The  .02 threshold won't hold forever if NSS is at play and the hedgies want TECO out of business.   Look below; we were at .04 in September so what will the PPs be three months from now if it continues in the current direction?  Many of us were discussing the possibility of NSS last spring and look where the PPS is at due to delays, manipulation and shorting.   TECO is under attack and management needs to do something about it now! IMO the 10K won't phase the hedgies one bit because they are looking at huge shorting profits without paying a dime for the phanthom shares.  TECO's business and business model is too slow to react and if 200 BPD needs 100 days to achieve then that is far too slow at this point in time.  I hope there is another plan and near term catalyst.    


 



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