allbetson et all, as mentioned I'm an engineer s
Post# of 39368
allbetson et all, as mentioned I'm an engineer so I believe in the charts, statistics, etc. On the other hand albets mentioned that they don't mean much. I've come to realize that when a micro-cap stock is being manipulated and/or attacked and management helps that along then maybe the short term trends i.e. 1-2 months at a time are all that can be analyzed. TECO's 2012 into 2013 Q1 PPS trends have been flat then downward and flat then downward i.e. .05's for a couple months then .04's, .04's for a couple months then to .03's. .03's for a couple months then to .02's, etc. Every level of stock market has trends but the overall trend of a micro-cap under attack will bias towards being lowered over the long period if the company doesn't have some level of success as we've seen so far. TECO's PPS has also been lowered due to managements failure to combat the attacks but only to fuel the fire with 2012's inflated PR's. That gave the shorters a lot of excuses to cause FUD and for the hedgies and retailers to short the stock to death. I guess what I'm personally concluding is that in the case of TECO your opinon of the "past analysis NOT being a good long term indicator" has been validated. Over the last year I've heard we are at the lows from very experienced TECO shareholders on more than one occasion but nobody expected a penny never mind subpenny. We have 30 year trading veterans averaged in at .03 or higher. On the other hand the analysis was offering some accurate shorter term trend cycles. I don't mean to sound like an armchair quarterback but my gut always told me that the PPS would keep heading south based on the attacks and delays. I guess I held because I was "conned" by the 2012 PR's. Like many of us I've been hoping for sooner success with the 192 BPD from Madeley and the 400 BPD by end of March never mind the inflated PR's prior to those two. All the PR'd logic and due diligence I did validated my decision to hold. Mike M. was saying we would be rocking and rolling after Q1 which might end up becoming a true statement but he also added that the.03's were super cheap at the time. Did he know York was all but destroying the company? I doubt it! Regardless I've averaged down quite a bit with .01 shares so we wait for validation. Long term play here and I'm still very much a believer. New IR is doing a terrific job so far.