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  4. Treaty Energy Corporation (TECO) Message Board

Arstegall, I'm not sure anyone is pumping "empty p

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Post# of 39368
Posted On: 09/21/2013 10:25:35 AM
Posted By: blindinvestor
Re: arstegall #20206
Arstegall, I'm not sure anyone is pumping "empty promises."  What anyone is usually posting is the positive thought of what might be going to happen.  That's kinda like hoping your football team will win the Friday night game in highschool, or the Saturday game in college.  If you consider that you are going to lose the game, before it begins, why even work up the emotions of anticipation for the game?  It's not much different in buying stock.  Once you made the decision to buy stock in a company, where is your emotional state?  Even in football, a team may lose the first five games, and come back at the second half of the season and with five or six straight and get into a conference playoff game and win it.  Hopefully at the end of the fifth lose the fans haven't given up and don't even show up for the sixth game, which turned out to be the start of a winning streak.  Business is sometimes no different.  I've seen companies that have produced product they thought was going to be nice selling winners, only to see them fail expectations.  But after some internal tweaking of either the product, or their marketing of that product, sales truned positive.  For damn sure, Treaty has not been a well managed company for the most part, but this year they have, as you have pointe out, been more successful, albeit slower than planned, in their endeavor to reach cashflow positive.  And if they could bring a another three or four more wells, they could achieve that position.  For sure, I'm one of those who thinks the glass is always half full.  I'm one of those coaches who no matter what happened last game, tells the players, guys we're gonna win this one.  Otherwise, I'd sell and move on.  As a matter of fact, a couple of weeks ago, I bought a stock that had some upside potential I thought after doing some research.  They had a high of about .85 and had retraced to a low of about .45 and had been stable at that for awhile.  So I bought in after reviewing the charts and their market opportunities.  They even put out a PR that their revenue would be up for the third quarter by around 20%.  Unfortunately, the stock started falling again and I sold out at .37 for a loss.  But I didn't go out and bash the company on their message boards.  Simply took the loss and moved on.  It's all in how you look and act on things.  After all, I don't have anyone else to blame but me for my choice.  And why should I broadcast my differences when they would be negative?   As a matter of fact, might use that money now to buy more TECO.  Especially since they are getting ready to drill some more and begin to bring in more revenue.  Just might be time to do a little bottom fishing.  (I enjoyed your post.  Don't stay away so long.)


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