Today's action should spell it out for everyone. Unless major bad news comes along it won't go much lower. If major news comes along, ie Mitchell surprises us, say 50-80 bpd per welll, or Belize yields 30-50 bpd, the buying pressure will return and it will be damned near impossible to hold it down. I believe what Bull has said about some money sitting on the sidelines. I think he's got enough on the ball know that if TECO produces some of these people will start to jump in. The guys I swap emails with daily about stocks will not put much into penny stocks, but a couple of them have bought some, and are waiting for some good news to buy anymore, kind of like what you're talking about DTL.
(0)
(0)
Treaty Energy Corporation (TECO) Stock Research Links