I'm glad that you are interested enough in my come
Post# of 39368
I'm glad that you are interested enough in my coments to check my posting histroy. kanola, you are keeping people on their toes!
I am trying to learn more about Investing as I go. I got a tip about Treaty, and bought in at a good price - I average bout $0.0104/share. I'm new to investing or at least trading and I'm new to oil business as well, but trying get educated.
The big question is: Why buy Treaty stock instead of other small petroleum companies - there are thousands that are public.
Reason #1: I already own it & I'm up about 70%
Reason #2: ??? I don't know? the recent news/hype/pumping has made TECO share go up and hold at about 50-75% of the recent lows. However, I don't know often TECO can generate news like this and the hype that goes with it. I mean, can they do this every quarter? every 6-months? once per year? and if so, then why shouldn't I sell now & buy back in just before the next big news/hype generating ploy - whatever that may be. I mean unless there are catalysts that are supposed to come through next week or next month, then why should I hold through all the uncertainty associated with this bankruptcy case, and numerous other things I've read that make me nervous. I'm also troubled about Treaty's success rate - companies in the baaken, eagleford, cline, etc have 100% success rates, but Treaty is what? 1 for 5.
This is penny-land & it is dangerous out here - it like a minefield up in here. This board seems very hostile & abrasive toward other posters. I am just trying to find out if Treaty is a good investment or not. I'm not here trying out for the Treaty Cheerleading Squad. I want info on Treaty, and I want the good with the bad.
Thanks