Can someone school me as to why this was considere
Post# of 39368
Post Date: 5/23/2013 11:11:36 AM
Board: Treaty Energy Corp Reason: Off-Topic
I have been invested in TECO for over 2 years. I have done all of the DD a regular investor could do. I have road the ups and the downs with this company over the last 2+ years. There is something that strikes me as odd and I am wondering if anyone knows the answer. If you watch this stock around some of the holidays like the 4th of July, Labor day, and around Christmas you will see a pattern. We can have no news and yet the stock goes up. This has happened for 2 years now. I have been told that there is around 80+ million of NSS( Naked Short Shares ) on TECO. This part is my opinion, if the 80+ million NSS is true and the hedge fund managers are on vacation around those days then that is the reason we move up. They are not there to keep the run up down. As soon as everyone comes back from vacation we get hit again. Then there is the sells after the bell, the almost everyday "lunch time bear raid", the L2 only showing 50K shares on the ask. I have bought the ask before just to see another 50K show up as soon as my buy goes through and then see shares sold next under the ask. So why would someone hold on to shares that long and then sell them under the ask when they just watched shares go at the ask price? Then there is the constant berating of TECO by only a few. This is everyday all day by people that have admitted they don't own TECO and never plan to. They have their right to do this but it all plays into the theory of the NSS. ROLL TECO ROLL