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  4. Treaty Energy Corporation (TECO) Message Board

No prob. With respect to keeping this board basher

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Post# of 39368
Posted On: 05/30/2012 6:47:38 PM
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Posted By: coolnapz
Re: jake09 #22

No prob. With respect to keeping this board basher free, let's just keep this to ourselves while we can. I really don't know if people are out to get TECO, Bull, Andrew Reid, or all of the above but the fact pattern that has been established over the past year clearly shows that between all the bashing and price manipulation someone definitely is trying to push the stock down.


I'm seeing longer term message board bulls starting to get discouraged. The problem is that they probably averaged up north of 6 cents and are now feeling the pain. That is why I've come to believe that you can only buy at dead lows or on deep pullbacks to long term moving averages that coincide with support levels if you are a longer term player.


I bet you that if the stock was trading back at 6 cents right now you wouldn't hear half the griping on the board. However, all that negative sentiment is one of my favorite contrarian indicators. The best moves I've seen are when you are bullish when everyone else is bearish, and when you are bearish when everyone else is bullish.


Think about how AAPL was getting upgraded north of 600 dollars for a 1,000 dollar price target. Think about how just a few weeks ago FB was getting hyped like it was the stock that would save the market and that it was worth more than Google.


I'm assuming the rest of you have done your homework and have a low average so  now it is just a matter of waiting. Since I have an average just above 4 cents it doesn't matter to me whether TECO gets rocking in June or in December. Of course I would prefer sooner rather than later but a few weeks or months on a company that is doing what it is doing is not going to make a difference when I am looking at the company 12-36 months down the road trading much, much higher.





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