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Because in my case 1) I own many restricted .01's

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Post# of 39368
Posted On: 03/11/2013 1:53:01 PM
Posted By: DTL
Re: Slow Ranger #8077

Because in my case 1) I own many restricted .01's already purchased directly from the company. Why weren't they sold at .007 or better based on recent PPS levels?  Not much of a bargain IMO.  2) Just because they are drilling doesn't mean a damn thing. They need to produce oil and prove their location, depth, etc analysis is valid.  3) They drilled two holes in Belize and what came of it? 4) They have drilled in the US i.e. Madeley and others and what came of it;  NOT 192 BPD! 5) If TECO is going to be successful then .15-.25 isn't out of the question in the long term and I am holding very long term so why not hedge the the past risks based on lessons learned and TECO's past performance and buy into a run while still picking up more .02-.03 historical lows.  6) A money making trade doesn't need to be bought at the lows 7) What if one well misses and the bashers and shorters continue to do damage? Is .01 the low?  8) I THINK I WILL CHASE THE PPS this time around versus the ongoing mistake of thinking we are at the lows.     



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