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Wow look at the bid size. And I thought we were supposed to go down to .037. Looks more like .047. Somebody really wants this stock bad before they announce finding oil. I think that is almost what $54,000 buy. Go TECO.
TECO
USDTREATY ENERGY CORP
Last [Tick] $0.0431[-]
Change $0.0021
% Change 5.12%
Bid $0.0430
Bid Size 1,255,800
Ask $0.0438
Ask Size 25,000
Open $0.0400
Volume 261,925
Day High $0.0440
Day Low $0.0400
Previous Close $0.0410
Bruce Gwyn our co-ceo. Best man to help make our company great.
http://www.hedgefund.net/publicnews/default.aspx?story=12714
http://www.activetradermag.com/index.php/c/The_AT_Interview/d/Bruce_Gwyn
http://www.hedgefund.net/publicnews/default.aspx?story=11567
Kansas is not important to TECO now. All their purchases can be found on their web site. Nothing more to say except this is a transparent company and they soon will find oil. Possibly within 7 days.
http://www.treatyenergy.com/files/Articles.pdf
Nice. Bidding 1,363,000 shares at .041.
TECO
USDTREATY ENERGY CORP
Last [Tick] $0.0400[-]
Change $-0.0010
% Change -2.44%
Bid $0.041
Bid Size 1,363,000
Ask $0.043
Ask Size 43,700
Open $0.0400
Volume 6,675
Day High $0.0400
Day Low $0.0400
Previous Close $0.0410
Prev. Close Date 12/12/2011
If you do not understand then no one can help you. To be safe sell and move on. Seems like you do not like TECO. Investing is tricky and there are no guarantees. We invest and do not mind taking risks. If TECO hits oil then it was worth our risk. The last 10Q showed improvement.
If true then it means we will be rich because they hit oil.
Wow that is some post on Reid's background. Thanks for posting that. It just goes to show how someone can turn his life around and become a huge success for himself and all these investors in TECO. Takes a truly great man to accomplish this huge feat. I am behind you Mr. Reid and thanks for making me a very rich man. I will forever be in your debt. Go TECO.
Can you tell me what you found out by googling? Google does not follow TECO. I gave you the Knobias site. That should have told you everything.
And how about all the PR's on the IHUB site? That should be enough.
Kansas is not needed. Go TECO
It is bear season in some states right now. Must thin out the heard.
It is confirmed that TECO had to have some issues resolved and the drilling team was sent back to Texas to help with the drilling in Texas. The team will arrive back in Belize on Sunday to begin drilling as all issues have been resolved. For sure we should have oil before X-mas. Go TECO.
I think and hope we will hear good news soon. Go TECO.
News coming sooner than you think.
Jen - Go here and you can catch up.
http://www.knobias.com/individual/public/quote.htm?ticker=teco
Shareholders must stop and think. Use your heads please. If 3 mil shares traded and the pps dropped a little that is no big deal. Remember that with all these shares traded there were many buyers as well as sellers as the pps went to .04 and then propped up back to .05 and settled at the bid of .048 to .049. Same applies if the pps closed up .004. No big deal. I agree that putting a stop loss is not a good thing. So relax because by next week or sooner news will be out and the news will be good.
I do think that the MM wanted to buy cheap shares so that soon they can sell for a profit when the pps goes up and it will.
You got that right.
The bashers are out in full force. Funny how in the begining they did not want to show their real positions. Now that we are getting close to finding oil they don't know how to suppress the pps. They won't give up. They will be here no matter what the pps. 10 cents or 10 dollars they will always have something to say on why the stock is overpriced.
Reid did not speak to anyone about news being out this week. If it comes good but TECO has not committed to news this week. However if no news this week then next week for sure.
Look if you like charts, etc and it works for you and you are happy then that is the important thing. I am saying with TECO if you did your DD then all you need is to invest whether you pay 5 cents or 6 cents. For me it does not pay to sell 100K at 6 cents and try to buy back at 5 cents and pocket 1K and probably pay $200 in taxes. Not worth fooling around even if I wanted to sell 200k. Lots of work involved and it is a gamble as is everything with stocks. I could sell and then it goes bonkers and goes to the moon. This company could be the stock of the year in 2012. If it is then we will all be happy and I wish that for all of us. Good luck. Go TECO.
If it were that easy there would be no losers in the market. And please quote Cool where he told people to buy. I say if we hit oil we need no charts and I say the pps will go up and past 8 cents.
I guess 8 cents is coming. I am saying 25 cents is coming. So who is right and who is wrong. We are both guessing. But based on his 8 cents everyone should be buying here. You know I do agree with that. But he did not tell anyone to buy. I am telling everyone to buy here. Good luck and go TECO.
coolnapz Share Tuesday, November 22, 2011 5:45:27 PM
Re: Strijelac post# 20991 Post # of 21381
The hourly chart is a textbook bullish setup
What the chart is illustrating is that traders/investors are anticipating a good event very soon. I thought the 10 Q would be enough to move us, but maybe the market is looking for a drilling update or the slightest hint of hydrocarbons in the well.
Support has been pretty strong at a nickel, and we've been hovering above it for 4 days and tagged it intraday today. Look at that sloping resistance line on the hourly, we closed above it today and not down at the lows, also a good sign. I think once we get moving we tag the 8 cent level.
Boom!!!
Nice but we would like to know what pps is your stop gain/loss and for how many shares? Guess you won't tell us that.
Please tell us what your stop loss on TECO is? Thanks
Are you saying that Bruce Gwyne who is co-ceo is a fraud? Did you google him and what did you find out? Waiting for your answer.
This is just my thoughts and opinion. I was told that at the Monkee River site that they estimated that the area that contains oil is something like a few miles wide and more miles longer.
Now if they hit oil then it stands to reason that you can surround the area of the first well with many more wells and so oil should be flowing from these wells. All it is is more pipes in the ground pumping oil from this big reservoir.
Now if they don't find oil then is it safe to say they will find oil 400 feet from the dry well? I am not trying to be pessimistic as I am very long but I would like some of the oil people answer my question. Thanks.
It is not short covering. I do not know when short covering will start.
652,278 bidding at .053. These are 2 market makers where you are showing only one. Go Teco.
Bid is 817,278 shares at .053
Just your broker doing a good job. This happens at times.
I disagree. Any well in Belize will produce 1500 bopd min. Take it to the bank.
If anyone here thinks this is a scam then all you have to see is that Bruce Gwyne is Co-Ceo and that is enough is erase any doubts about this company. Just his name gives this company much credibility and you saw the pps rise any time his name is mentioned. The first part of the article is true about Belize and drilling for oil. SEC filings backs up everything about this company. Don't be afraid because you will find many bashers coming to this board. TECO is real and should they hit oil and Mr. Harden believes they well then we become an All-State company. (In good Hands) GO TECO
It looks like we are getting new posters and they seem to want to bring out the negatives on the company. The truth is there are no negatives. Funny when a stock begins to gain momentum how it brings out the nay sayers. TECO is fine and no where to go but up And to think we are going up before a holiday is huge as the news will be huge next week.
Good luck with your system. Yes drilling begins today and yes they do not like to start drilling on a Friday. It may take 7 to 10 days to complete the well but I would think they will know in 3 or 4 days if they hit oil. Now will they tell us right away, I do not know. Go TECO.
I can say if the stock goes to .05 then the next support is .048 and then the next is .046. And also in reverse if we hit .06 then we need to break .063 then .065. And I am not one that watches charts or moving averages. I watch the company's progress and that is what determines my trading stratagy. No one is good enough to predict the highs or lows of any stock. Can you tell me when to sell or when to buy? You can't even tell yourself so why do you try to tell others? I have 2 mil shares. How many shares do you have?? I am sure the board would like to know.
Good advice. Your charts mean nothing to me. The pps is going up not down to a nickle like you say. Have a good weekend.
Does anyone know exactly when they began drilling? Thanks.
8-K 1 teco_8k.htm CURRENT REPORT
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 11, 2011
TREATY ENERGY CORPORATION
(Exact Name of Registrant as Specified in Charter)
Nevada 000-28015 86-0884116
(State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification Number)
201 St. Charles Ave., Suite 2558
New Orleans, LA 70170
(Address of principal executive offices)
(504) 599-5684
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 2.03 Creation of a Direct Financial Obligation
On November 11, 2011, Treaty Energy Corporation (“Treaty” or the “Company”) entered into a loan agreement (“Agreement”) with a private party lender (“Lender”). The agreement provides that Lender will loan a total of $700,000 with an initial loan of $150,000 to be made by the week of November 14, 2011, and the remainder of the loan to be made on the condition that Treaty drills two producing oil wells. The proceeds of the loan are to be used by Treaty to drill twelve oil wells on its Wooldridge lease in Texas. Lender will evaluate the initial two well logs and fund the remaining balance should information warrant. The remaining balance of the loan will be made in minimum tranches of $150,000, with the complete loan amount to be funded prior to March 15, 2012. Treaty and Lender will execute promissory notes as individual loans are made. Each promissory note will be paid quarterly with 12% interest beginning three month after the promissory note is executed. The loan is secured by 20,000,000 shares of Treaty's unrestricted common stock to be provided by a third party shareholder.
Treaty also agreed to pay an overriding 5% royalty interest to Lender on the twelve wells until each well is no longer producing.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: November 16, 2011
TREATY ENERGY CORPORATION
By: /s/ Michael A. Mulshine
Michael A. Mulshine
Assistant Secretary
Nite bidding for 370K at .055 so now we can go back up to .06.
GO TECO. Over 1 mil shares traded in 30 minutes give or take 2 min.
They showed us drilling pictures in the past so I hope they will show us new pictures of the on going drilling. They should.
EASY COME EASY GO.
Over 500K traded and it is mostly VNDM. How much more can he have?
I was right. It traded at .06
$0.0600 5,000 OTO 09:24:08
$0.0600 10,000 OTO 09:23:50
$0.0595 10,000 OTO 09:21:50
$0.0590 10,000 OTO 09:19:58
$0.0585 10,000 OTO 09:19:51