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Or BLAST off! LOL IMHO, we're right at that critical turning point. It could slide down in the next few days on not making the Russel cut and/or further shorting/selling pressure (no big buyers), or it could take off due to making the Russel cut after a nice PR, continued Gamble buying, short covering, pre or post-Russel participant buying...or all of the above.
Geo
Good morning Jonesie. See any filings where Gamble bought anymore shares yesterday? I wonder if he's done now. Doin the "pause job"? He definitiely helped matters (i.e. getting the pps up) while he was buying the last couple of weeks and I sure would like to see an added push upwards in the pps this week to give us a much better chance for the Russel. But, if there are no big buyers this week and no real news, I imagine we'll see some "short induced tanking" into the $8's, and we'll just have to wait for next year and try again. Not much time left for us to make a push this year (6-7 days?). Time will tell...
Geo
Hello Jonesie! I heard the short interest was "down" in May to 2,760,565 shares. Is that correct? Also, did you see anything today indicating Gamble is still buying 10-20K per day?
Back on SHO list again. Good? bad? Thoughts?
TIA
Geo
Yes Gumshoe, this is so true..."There exists the POSSIBILITY that TIV could follow up or even pre-empt a Russell listing with real news." Wouldn't that be sweet if their timing was spot on this time! Here's for TIV to have some of that "real news" to help us get back on the Russel listing, which would need to come out no later than "2weeks". You can only hope....
Geo
Thanks! By the way, and this is "off topic" (hope that is cool), Stew's SHMT sure is taking a nice run. Its getting closer to "licensing news" each day. I may have to do some averaging up when it gets to $2.
Geo
Good morning Jonesie! When exactly did gamble stop his ~ 20k daily buys? Was it about the same time a few folks started questioning his buying relative to the quarterly report? Just curious. I sure wish he was still buying 20-30K/day because ever since he stopped, the pps has tended to soften and actually is starting to fall back into the $8's again. Its really too bad we didn't get any good news (not more "commencings", "hirings", bar-b-ques) during that enthusiastic buying last week which sure could have propelled the pps a lot closer to the Russel inclusion minimum number (~$11?). Timing is everything and some folks have the golden touch and some don't. As I keep saying, I think being included on the Russel this year is very important in maintaining and even elevating the pps, at least near term. But, if being on the Russel is not important to the "powers of be", which it may not be, the pps will likely slide some ($7's?) and then bounce back later this summer when (thats the long in me) we hopefully get some big news about increased flow rates and proven reserves from the water flood/steam flood projects or, maybe something else even bigger? Time will tell.
Geo
Any well can be deemed "confidential" by the DOG if the oil company asks for it and the well is being drilled as a non-infill test/step-out/new pool/new fault block/etc/etc type test well. The DOG looks at the information given to them and determines if they think it deserves to have confidential status, which means the log information/history/etc won't be released to the public for 2 years. It sounds like TIV is attempting to extend the existing "productive limits" of their Temblor property, based on the DOG designated limits using their field maps.
Geo
Actually, it exceeded the 3 month average and it IS UP 14 cents, so thats always good. I always say, any green is better than big red, any day! JMHO, we sure need the volume to pick up along with the pps getting well over $10, to give us a chance for being on the Russel this time around. And in my mind, getting back on the Russel right now is very critical in maintaining and (hopefully) elevating the pps. If we don't make it and we don't see any production increases (from the DOG) for a few months, I imagine we'll experience some pps softening back to the $7's.
Geo
Lefty, you may want to email Kandle direct with your rig questions as I believe he should know first hand whats going on, as he runs that department. Felicia, the receptionist, would have no clue and Lynn would likely defer that question to Kandle anyway. Just a thought.
Geo
Good morning Jonsie. Based on the lack of any significant production increase for 2006, or actually a production decline per well, I would venture to say TIV was extremely unsuccessfully in returning all, or most, of those idle wells to production during their extensive/expensive 2006 rework (refurbishing?) campaign. It appears they miss interpreted (engineering wise) their ability to "breath life back into them" and have them produce commercially once again. But then, maybe their intention was NOT to increase primary production from those reworked wells but to simply change out the old tubing/sucker Rods and down hole jewelry to sustain the high heat/pressures from an eventual steaming campaign? Perhaps they will be able to increase production on primary from the new wells they drilled (4?), especially after hearing about how they encountered thousands of feet of oil saturated rock, being high structurally and discovering a "new pool", but it seems they may not be able to do that without some assistance as well (water flood, steam, frac, etc) or I imagine they would have already put them online months ago.
You are very correct in saying the shorts and PPS "problem" should take care of itself (like have the pps go up from added buying interest and covering) once the production rises substantially. Time will tell. Boy that sounds like deja vu.LOL
Geo
Good morning Jonesie. Well, you sure called it last week when you said these little legless run ups we keep experiencing every few weeks/month are becoming less "high" each time. I sure thought last week's (or was it the week before?) mid-$8's run was going to buck resistance and continue up into the $10's because of lack of strong resistance between mid-$8's and $10, but it slid back down again to the sub mid-$8's resistance level.
Heck, at least we're above $8 and not below it! Ill take that over $6's and $7's any day. LOL.
Geo
Maybe they need to be re-permitted because the rework permit is only good for one year and nothing was done during that one year period? Thats sounds about right.
Still nothing at Pleasant Valley even after 3-4 "commencings". Maybe the first "commencings" was writing the name "Pleasant Valley" on a manila folder, which IS commencing. The second may have been driving out there to see if there is open land to drill on...that works! And so on... LOL
They'll get to drilling it sooner than later, which is likely this summer. It seems like a lot of stuff could be happening this summer, including the elusive increased flow rates PR, but probably not (hope I'm wrong..) much before then besides more commencings, hirings and bringing in more partners. LOL
Geo
Is a "jugcat" way riskier than a "develocat"? LOL
I have high hopes TIV IS going to come through with huge production and reserves increases as they have been eluding to in their PR's. When? "Soon"! LOL
Geo
Well, maybe "this time" it will be different and TIV will take advantage with all these current "pps momentum factors", which sure seem to be firing on all cylinders right now and "begging" for someone to give it the gas (light the "rocket fuel"?). In the past, it seems they ignored them but in all fairness to TIV, the timing was probably not right then, from an operational standpoint. It should be now though, or "soon". JMHO
Geo
Good morning Jonesie! Is this late submittal later than usual for TIV or par for the course? Maybe they are holding back on submitting it so they can come out with a Big News/Big Flow Rates/Big Proven Reserves PR to slam the shorts? As we have said so many times in the last few months during these type of pps rallies and buying enthusiasm, it sure would be great timing for a nice PR right about now. I think it would definitely catapult the pps past this mid-$8's resistance level and up to double figures again. And then, once we're in double figures, its only a "stone's throw" from the $12-13 "short squeeze trigger zone".
Geo
OT: I keep buying a few K's of Calpine on the WAY UP! As you say, averaging UP is always BETTER than averaging DOWN! I was actually nervous selling Pilgrims Pride last week during its plus $30 "rally" and buying more Calpine at $2, but once again it worked out great and I'm in the GREEN! When it hits $2.5, I'll sell another one of my "blue chips" and buy a few more K's. I wouldn't mind having 20 K shares for when it hits $10 later this year. LOL.
Here's to having TIV come out with that special "BIG NEWS" ("next PR"?) at the RIGHT TIME (TIMING IS EVERYTHING!!!) to defy THE CHARTS!!! LOL
Geo
Jimbo, of course charting isn't a slam dunk, 100% reliable "silver bullet" to predict pps trends for ANY company and of course Jonesie is FULLY AWARE of that. Thats why he always puts comments like "in lieu of "big news"" or similar statements behind what the charts are saying. And until TIV does put out INCREASED production numbers or INCREASED SEC Proven Reserves, which he calls "Big News", his charting sure seems to work very well.
C'mon TIV give us "high" production numbers and "skyrocketed" SEC Proven Reserves (i.e. "homeruns") so the charting can be "thrown out the window". LOL.
Geo
You called it alexyba!!!!!! Your DNDN opened over $17!!!!
UNBELIEVABLE!!!
Sure wish I had of known about that a couple days ago. Maybe TIV will do the same thing one day?
Geo
Does anyone know if the 10-K HAS to be reported today?
Based on the reasoning for the delay, it should contain some very positive information. Wouldn't it be great if they included some increased flow rate numbers from Jan thru March, or some other big juicy surprise to get the attention of some "Big Gun" buyers, instead of our "legless runners" (crawlers?). Looks like we have one this AM and the shorts are working hard to batter him down hill. Maybe it will sprout some big legs today and keep climbing. LOL
Geo
OT: Thanks for the heads up but next time please let me know at least a couple of days in advance of a stock being halted and a short squeeze. LOL. I'll see if I can jump aboard early enough to ride the short squeeze train.
Of course I'm still hoping TIV may one day halt trading because of some impending news and thats why I have more shares, way more shares, in TIV than any other company.
Geo
I think the reason many of us longs are feeling so frustrated is because we've "heard about" how great Temblor is, or will be, for over a year now with millions(?) having been spent on reworking/drilling/reburbishing and yet we have have seen no "tangible" results (like having any increase in production to date), just reading about more "commencings". But, I guess "commencings" is always better than "bailings".
So, as I said awhile back, we're in the "hunker down" and hold on mode for a few more months, especially since it appears our "big run up", at least in the "near term" is now totally dependent upon Temblor, since all the other ongoing "big" projects seem to be more in the "commencing" stage.
Geo
Well, a lot of talk today about TIV's potential oil flow output (i.e 500 BOPD), cash flow, life of reserves, etc., and all I can say is, its still just talk. The reality is TIV bought this property over a year ago when it was doing 50 BOPD, total for the entire property, and it is currently doing 50 BOPD. Perhaps TIV has increased production in the last few weeks but based on TIV's MO to PR "Beginnings", "Commencings", "Plannings", etc., I imagine TIV would have announced it if they had any increases. Now today TIV "has begun" (whatever "has begun" means?) a long term water flood program and "current production of 50 barrels of oil per day should increase fairly steadily to a range of 500 to 600 barrels of oil per day". The question I have is how many more months or years do we have to wait for it to get to 500-600 barrels of oil per day, as it increases "fairly steadily"?
As far as the wells they reworked with their own rigs (not many) and the 4 wells they drilled, it appears based on what TIV said in the PR today that "current production of 50 barrels of oil per day...", none of those rework or drill wells were successful in increasing production since the field was doing about 50 BOPD, or MORE, a year ago before all that work was done. Maybe all those reworked wells were simply cleaned out to be used as injectors or producers for the water flood program and they have exceeded their economic life on primary? But you would think the drilled wells with thousands of feet of "oil shows on mudlog" (apparently meaningless) and the "new zone discovery" would have added at least a few barrels per day to the daily production of 50 BOPD.
Anyway, it appears today's announcement once again fell on deaf "Big Gun" ears and we received no added buying enthusiasm from it. Well, one good thing is it will take 12-15 years to get the couple million of barrels out at 500 BOPD so TIV isn't going anywhere any time "soon". But at the same time, I would suspect today's announcement in no way made the shorts nervous about covering anytime soon, and thats what this company needs.
Just my frustrated opinions...
Geo
You forgot add at the end....booooooorrrrriiiiiing. LOL
Geo
Yeah, "covering" by a few large shorts would work wonders for TIV's share price right now. Thats probably why so many on the other board have been telling them (begging them?) to cover. But as most shareholders know, it will take some significant news to break it out of its current sub-$8's/low (no?) volume rut, and then if can get back to $12-13 again, maybe we can expect some large short covering. It sure seems the shorts and longs are playing a waiting game at this pps where neither side is very interested shorting more, covering (just very little) or buying any significant amounts. Maybe we have to wait until July (or is it August now?) before news comes out which will either entice the shorts to short more or cover, or cause some Big Gun longs to buy some big chunks. In the mean time its same ole same ole with no interest either way, except of course for specialist/short 100-share walk downs at end of day.
Geo
Still....."2 more weeks"? LOL
It is pretty amazing that so many have been touting "2 weeks", or "next week" since what, last July? And now, we're hearing from those same folks that increases in production, from a water flood program not even "commenced", will not be until July? I get the feeling these folks who tout this kind of "next week" stuff are 1) honest people who get fed incorrect information (lies?) and repeat it thinking it was honest info, or 2) pumper liars with no scruples. Or, I guess another group are the completely oil/gas ignorant folks who have no clue about the biz and timing of operations.
In any case, I sure hope TIV is delaying the 10-K in order to have March production numbers so they have a complete quarter of increased production. We know from the DOG web site they had no production increases through December, 2006, but keep in mind, that did not include any production from the new drill wells they drilled. I imagine, based on the PR's about thousands of feet of oil shows they drilled through and the new zone(s?) they discovered, those new wells should show a significant increase in daily production, if/when they are ever put on line.
I'm keeping my fingers crossed too, especially on these new wells, because if we have to wait until July (or longer?) before we hear about "good news" (increases in oil flow?) from a water flood project, we may be in for a more pps erosion in the mean time. And us long shareholders sure can't take much more price erosion....along with gloating shorts.
Geo
Thanks Lefty. Makes sense.
Maybe this time the "2 weeks" for "Big News Coming" (not "commencing" to move offices) will actually be a reality and it will fall on Big Gun Buyer ears. The problem is, if the next 2 weeks of the pps is anything like today, we just might be seeing a 52 week low in "2 weeks" and a PR pop may only get us up to where we are right now (low-mid $7's). I sure wanted to see a significant PR last December which would have easily put us in the $12-13 short cover trigger zone, but I guess they just didn't have anything to report, or they would have.
Here's to some Big News in "2 weeks"! LOL
Geo
I sure hope the "Big News" we were all waiting on for so many months is still coming and it was not last Friday's news. That "news" fell on deaf ears and in fact actually hurt us. Well, maybe not you since you took advantage of the crazy swing up and made some quick dough off of it. I imagine there are some pissed off shareholders right about now, not only from the folks who exercised their options/warrants in the $8'S and $9's a few weeks ago but how about all those 100K shares bought in high $7's/low$8's, just last Friday.
I sure hope Lynn has a "lion" up his sleeve (in his hat?) to turn this thing around "soon" or we just may be seeing more pps free falling with the continued lack of any large scale buying interest and the 100 share walk down folks working the pps down effortlessly.
Geo
Well, it looks like we need to hunker down until July, as that is apparently now the time frame we keep hearing about on the other board for initial flow rates, from the water flood program. After all this time, I just don't think they ever had plans to put those 4 wells they drilled on primary production to see how they'll produce.
Jonesie, I imagine you are about ready to jump on board for another "swing" pretty soon. Maybe this time I'll join you. Incidentally, I called Schwab this AM and they said they will borrow my shares at 4% right now and they are not sitting on TIV shares like they were a couple of weeks ago. Maybe the borrowing/lending share situation will get even tighter in the next few weeks and the interest rate will go up. Whats wild is that the pps is about the same price it was last October, or 6 months ago, and the interest rate they'll pay dropped from 7% to 4% (less interest in borrowing now). And that was after a lot of "talk" and "rumors" about flow rates, etc.
Boy, today sure is looking big time ugly! Down 60 cents but the volume is pretty darn low so maybe its one of those "short attacks", which tend to be fairly routine at TIV.
Geo
OT: Calpine is definitely risky so I have been locking in some profits on its way up and putting it in more TIV stock. I keep thinking TIV is going to finally break that ever present short (not short lived..)strangle hold and "take off" when that "right" PR comes out.
It looks like we're back to the sub 25K volume/100 share walk down days at TIV.....Heck, we barely get our "legless runner" out of the starting gate before she's dragged back down to, or past, the stating line. LOL
Geo
Good morning Jonesie! Well, it looks like Friday's PR fell on deaf "Big Gun" ears again and today its back to same ole same ole at TIV with no volume/no buying interest/shorts workin it down. I sure thought for awhile Friday's "legless runner", or should I say "legless crawler", was sprouting some legs and was going to slide by (hop over?) a couple resistant barriers and keep on going, but I guess the Big Guns wanted more from the PR (like maybe increased oil flows?) before they jump in, assuming they are even waiting on the sidelines anymore.
I also thought we would get some added buying interest this morning, from at least some small "traders", after all that publicity we got over the weekend from various news wires, but it appears it is going to take something much significant to get us out of the sub $8 doldrums (rut?).
I think this time around I'll follow your lead and buy a few K's in the low $7's or $6's and sell in the $8 plus range on the next PR "pop". Might as well make some added money on TIV while we're waiting on that elusive "whoppin PR" (or was Friday's it?) we have been hearing will be "coming soon" for at least 6 months. LOL
Geo
"Let's get those numbers posted, Lynn". Yeah, numbers like INCREASED oil production rates from reworking and drilling and/or INCREASED SEC sanctioned Proven Reserves.
I imagine this week we'll see February's Short Interest report and maybe even see January production on the DOG web site.
I sure think right about now would be a great time for another significant PR considering TIV has some increased attention/volume after last Friday's PR and volume surge/pps gain and its recognition over the weekend from various news wires. I see it as the "chumming" worked to get the Big Fish "boilin" along side the boat and now we have to "land" some of those BIGEYES.
Land em baby! Fill the boat up! LOL
Geo
Well Jonesie, it looks like you made another astute trade when you sold the shares you recently bought below $7 at $8. We're already down 60 cents from HOD and currently up only 23 cents for the day. Maybe we'll get some a late buying spree from some Big Fish?
I just keep holding thinking it'll really take off, maybe even start a short squeeze if it got to $13, and I would be so bumped if I sold too early and missed those quick moving "Getaway Runners", after hanging on for so many years.
Maybe next week they'll come out with something else (better?) and we'll get another pop, or a fast moving "Getaway Runner"? LOL
Geo
Hello Jim. I wasn't using "scare tactics", just being a realist, as I tend to be. As a note, in 1981 when the price of oil was $35/barrel (which is equivalent to much more than $70/barrel in year 2007 dollars) not many (some did) thought the price would EVER CRATER to $9/barrel. I've been in the oil & gas business for 30 years, starting with Chevron in 1978 and then with Exxon starting in 1981 and I have personally seen and felt these types of prices collapses more than once. Sure, China and India and other countries are growing tremendously and demanding more oil, just like the US, and we are dealing with a diminishing commodity, but don't kid yourself, it is NOT a "wild imagination" for many price analysts to think it can happen again. Unanticipated world events, inventions, and short term climate fluctuations, can change things "overnight". And you are correct, if it does, the entire oil industry will "tank". And then recover, and then tank again, and then recover again, just like it has been doing throughout the last 100 years. Keep in mind the oil industry has been in the tank since 1981 and we are currently (or were last year?) in boom times. Case in point, today the price is $58/barrel and last fall it was $74/barrel.
In saying that, I personally don't think it will happen, but if you look at the past (and believe a geological truism "the past is the key to the present") it is NOT out of the realm of possibility. Don't forget, the collapse from 1981 $35 oil to 1998 $9 oil would be GREATER, present valued dollar wise, than a possible collapse from today's oil price of only $58 oil in 2007 dollars to $9 oil. Since oil & gas production and revenue is always delayed for months or years after it is found/put on line, discounting your dollar over time at 10-15% (industry standard) is a very critical aspect to all economic evaluations in this biz. New oil & gas projects can be very economic if most of the oil & gas is recovered in less than 10 years but uneconomic (won't fly) if it is recovered in 20 years.
I am holding and NOT selling (especially at its current low price) my many 10's of K's of shares ($100's of K's worth) because selling now would be stupid, especially considering that TIV may be (thats the betting man and long in me) on the cusp of increasing production, or so we hear, and getting rid of the short pressure to kill the pps. But, as you can read, I sure am frustrated at how long it has taken to show ANY increase in production after a year of reworking wells (ALL unsuccessful?) and discovering thousands of feet of oil, some in new virgin zones, from their first 3 drill wells.
The water flood program to me is great stuff, but in my mind, a long term project and I am afraid in the mean time (assuming THAT is our great news we have been waiting months for) the shorts will continue to erode 10-25 cents per day.
Just my thoughts.
Geo
Perhaps? There are a bunch of different designs for water flood programs depending if it is a full field flood (i.e. pushing oil up dip or down, if its gravity drainage) or a bunch of separate areas in the field with injectors surrounded by producers. I was thinking a 5-spot is certain pattern where you put one injector in the middle and have 4 producers around it, but I'm no water flood engineer. The engineers always talk about 5-spot patterns so it stuck in my mind.
Talk about an illiquid stock. No interest from buyers (well that is no surprise based on the lack of big news), sellers (even the every day little guys) and shorters. Geez, yesterday and today make those "low volume" 40K days we've had for months look like monster volume trading. LOL
Geo
Jonsie, as I recall, awhile back you asked me some good questions about TIV's upcoming water flood program and below is some general water flood information which hopefully will answer some of your questions. In a nutshell, water flood programs usually cause more oil to come out of the ground (thats what they are designed to do) but its not a slam dunk (geology rules) and it usually produces long term results, if successful, not a near term fix for cash flow and/or a pps rise caused by enthusiastic buying, like we need right now (i.e. enthusiastic buying).
Here's my take on initiating a secondary recovery program (i.e. water flood) on a property or zone which previously only had primary recovery. Keep in mind this is an reservoir engineering project, which is designed, orchestrated and implemented by a reservoir engineer. The geology (structure maps, x-sections, stratigraphy, etc) has already been done by the geologist(s) long ago. Also, since I don't have access to the details of this property, I made many assumptions.
First, you need to drill core holes to get a better handle on the rock/reservoir characteristics like permeability, fracture patterns/orientations, porosity, oil viscosity, etc., etc., which it sounds like they have done, or are doing. Then, the engineer designs the flood pattern (5-spot?) and more wells (production and water flood wells) are drilled and/or converted to accommodate water flood wells and producers to optimize water flooding and oil production. It sounds like some of this has already been done too. Simultaneously the surface facilities are designed by a facilities engineer, purchased and put in place. The water is injected into certain injection wells/zones for quite awhile until the pressure builds up to a certain pressure and there are certain "responses" in the offsetting production wells. This can take many months (years?) before the reservoir pressures are built up in flood zone. And of course it takes many months after that to produce the wells to know if the program is an economic success (i.e the net sale of oil far exceeds the costs of water flood program, even after you discount your dollar at 10-15% over time).
I look at any water flood program as a great project to produce millions of barrels of more oil which was previously unrecoverable (increase EUR from OOIP) on primary, assuming the water flood project works as engineered, but the consequential added cash flow, assuming it is an economical project, will take many months (years?) to realize.
So, I sure hope TIV has something SIGNIFICANT and much more NEAR TERM up their sleeve to announce (not about hiring, commencing water flood, commencing PV, new titles, etc.) to STOP THE SHORTS from COMPLETELY destroying the company while we wait for this secondary recovery project to make a difference to the bottom line. Oh, one thing I forgot to mention, this ALL assumes the price of oil stays at, or around, $35-60 barrel (or better). If it CRATERS to $9/barrel, like it did in 1998, we're screwed!
Geo
As far as seeing any increase in production from putting old shut-in wells back on line, if results over the past year hold true I sure wouldn't expect any increase in production. They sure haven't been able to increase the production after a year of reworks, putting old wells online and drilling new wells. But, in all fairness, they haven't put those new wells online yet (or if so, it must be very recently or we would have heard about it).
Geo
"That kind of control keeps investors from jumping 'out the window'". Yeah, unfortunately it has been weak handed longs jumping out the windows, and NOT shorts, over the last two years as the price cratered from $17 to mid-$5's and then of course the last 3 months got a few more jumpin.
Since certain folks on the other board are saying that TIV should start seeing "results" (assuming its positive with a lot of oil flowing) from the water flood program in July, I sure hope we don't have to wait that long, or likely longer, before we get a "significant" PR. If that be the case, I would suspect we'll see much more price erosion caused by tenacious, aggressive and well funded shorts combined with disenchanted Big Buyers, even when the pps is a great bargain (right now?). It sure seems this combination (strong shorts + disenchanted big buyers) favors the shorts (i.e. pps drop), or at least it sure has significantly, since last December.
Looks like another tired old legless runner trying so hard to crawl up hill in early trading, while a few steps ahead are those strong shorts just waiting to kick "it" downhill, past the starting line. Same ole same ole. The only difference over the last few weeks is now the legless runner is crawling less uphill (getting tired?) and the shorts are kicking them back earlier and further past the starting line (getting stronger?). And thats not the direction I thought we were headed a couple months ago.
Geo
Jim, Jonesie fully understands what you are saying about the pitfalls of relying on charting as an exclusive tool to buy/sell/hold/etc. and a classic example of that is his truism "gaps DO FILL, sans no Big News" The "sans no Big News" pretty much sums it up where certain aspects of charting get thrown out the window when there is "Big News". But, for quite awhile there just hasn't been any "Big News" at TIV (not news about hiring, moving offices, permitting, commencing or giving the CEO a COB title), which would throw his charting out the window. So, for some time, his charting has been spot on and very reliable!
All I can say is those "experts" they hired better start quickly working their magic and have "wild successes", as you say, so we can look back at the charting and hand wringing with a smile, someday. The time is now!
Geo
Darn, now we have 2 strong resistance levels now to break thru before we get back to a pps level which may create some nervousness (i.e. anxious to cover) for some short sellers. Its too bad we have to clear both the $7.79 AND the $8.5 barriers to get back to $10 and we know how formidable those two are, especially the mid-$8's one. And then, we have another strong one at $10.5! Well, it looks like TIV has their work cut out for them to come out with something significant at an opportune time (timing is everything) to get this thing moving in the right direction with volume (i.e. "legs").
I am confident they can do it (thats the long in me).
Geo
Today's "legless runner" sure didn't crawl very far up hill this morning before getting kicked back downhill. She's already rolling and pickin up steam! Maybe she'll throw out her ice pick and stop the fall before she gets all the way down hill?
If only someone (Lynn?) could come up with a "secret polywog potion" (i.e. PR about increased flow rates or better?) so this baby starts growing legs and keeps running! LOL
Geo