is probably at work
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Yes I believe according to their 12/2011 balance sheet they had 2 mil in current liabilities which means (if we're still close to that), after this initial 4 mil order completes we'll have 2 mil left in current assets which makes this PPS undervalued
During the last big run we consolidated in this range momentarily before heading on up to .008 even .009
Anyone with a recent L2 screen grab would be rewarded with a warm THANK YOU
Just looked at the chart and noticed we have a nice engulfing candle - hopefully that will bring in some day traders to challenge the bears :)
Nice close - looks like some EOD bidwhacks but I don't have L2 so I'll have to wait until the trades screen on here gets updated in 15 mins to know for sure.
The question I am looking forward to seeing answered in a few days - are we going to get another amazing run to 7+?
Got my vote shoot
Was that you at .0025 this AM?
Going to be an interesting hour... 3mil bid now @ .0027
Been watching this build pressure all day, glad to see the spread shrinking
Thanks for the note - if that's the case I am happy Treaty's teams will be safe during the coming weather.
You might have luck contacting Reid or another exec - not sure of the legal and/or safety expenses potentially involved. I have never spoken with Reid but I know others have reached him without much trouble it sounds.
Despite bidwhacks, bid/ask sizes still appear bullish/stalemated relative to recent trading sessions IMO.
Well, I'd say a lot of it depends on what you consider a real tradeable stock - I limited my search to those within the last 3 years and with volume on the two days in question (day A and day A minus 6 months) to at least 100K shares traded.
I'm seeing results such as DROP starting on 1/14/2011 with a 19,000% increase (no splits or R/Ss from what I can see - looks hyperbolic). It would take some time to go through all of the results and clean things up though.
I only have the past 3 or so years' worth of data for the majority of companies but I want to run that against my database anyway. Interesting question I'd say. Let's see how long this takes to run on my computer...
Good to see that bid support creeping up
Makes me curious - that last PR left us with a positive cliffhanger.
Time is most definitely on the side of longs in the end. I think the biggest plus is that even when the PPS drops we have a finite potential for loss at all times. Anyone in a short position is aware that technically their loss potential is infinite when the time comes.
Belize is a mess right now. Nothing Treaty did - but the economy as a whole down there is a mess. Probably going to have to wait for that storm to clear unfortunately. Perhaps that's why TECO has done such a great job with the Texas news because they know that they have control over that situation at least. I'd assume we'll see Belize income eventually though.
I was very happy to get some in the 2s a few weeks back
"He was implying the big buyers would come in after 3rd 10Q, positive cashflow and/or profitablility" ...this is something that many of us, yourself included I'm sure, believe already but it's good to hear Mike say that too.
It makes sense - big money will probably be looking for a value stock and most likely don't want to get their hands dirty with a company that hasn't shown that level of revenue just yet. 3rd qtr 10Q will probably indicate an undervalued stock very well IMO.
Is Knight Capital the same company as Knight Securities?
Ouch! Knight's PPS dropped from $12+ to ~$3 in 2 days! I don't wish events like that on anyone but maybe they'll be less aggressive with TECO for a bit now...
Won't see those new numbers until next month probably. Not sure how delayed TRRC data is.
I've become numb to good news - we keep getting more numbers that I've almost come to expect it lol. I wouldn't mind hearing other folks' thoughts but I'm fine with waiting on another official update in a few days or weeks. Felt a little blindsided by the increase in A/S but I do understand that it doesn't imply they will sell the new shares into the market immediately, and that they need to be able to pay the bills until revenue is stable. TECO
Assumptions:
* .052 share price
* only 6 mil per year in revenue
If we assume 750,000,000 O/S our P/E is like 6 right now.
If we assume the maxed-out 1 bilion O/S our P/E is 8 I believe.
:)
Sorry Coolnapz for my question yesterday I should have just done the math! Benjamin Graham would probably buy this stock...
Hahahh sorry to be the bearer of bad/old news
I thought we did - I saw it hit .053 right before the close but then it went back to .0524. Didn't notice the volume though.
Clearly they didn't watch me cursing while installing a deadbolt a few weeks ago. Technology all the way for me ;)
Huh, guess the TECO board finally caught up with the PRs?
I keep forgetting my my charting software didn't reflect the RS. My 200 DMA is at about .012...
That explains the definite lack of support there in the past!
Well my concern over some trendline resistance has been washed away by a 54% rise in PPS today so far. On the hourly it looks like accumulation between .008 and .009 right now. If we stay here for a few days on higher volume I'm fine with that - I would not like to see those .002's again unless I have funds to buy them. Looking at the daily chart, we never really followed the 200 SMA except for some extremely light volume days so perhaps we'll cruise right through it?
FYI just a hobbyist at this point but I like to put my guesses and thoughts out there for discussion's sake.
Yeah, I mean we're a quarter of our way to that goal with what, two online wells right? Looks extremely promising.
Getting closer to 1,000 BPD every day
Gotcha - as always I'm always willing to either be proven wrong or enlightened. Personally that sounds like too much risk for my tastes but with risk comes reward.
I only have two posts left so I may be mute for a few hours.
Why does PPS matter if you're not buying or selling? You'll be fine...
It's just the trade view for iHub but here's a link for convenience
http://ih.advfn.com/p.php?pid=trades&symbol=TECO