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escogf,
Brotherman, I am not that guy, I'm as sincere as the day is long. Sorry you took me the wrong way, I'm here for the long term. My two cents comment was intended to be a very positive comment.
If indeed TECO does get slammed down to .02 again, there are basically two things you can do as a long:
1. Hang on till it bounces back.
2. Load up the truck to lower your average price.
Sorry you misunderstood me, in case you doubt my sincerity read my posts here and you'll have to come to the conclusion that I'm hoping for the same thing that you are. Oh let me add....
GO TECO!!!!!
Freed up some cash just in case that happens, if it gets to two, I'll double down!
GO TECO!
I'm sensing a little uncertainty on the dark side. We need to get through the .0510's.
1.5MILL+ on .490 bid.
Be nice to get through these .051's.
Thanks DTL, always appreciate your input here.
As for anyone that doubts there are FTD's, NSS, manipulation, it must be nice in lala land. It's happening in many places not just here in TECO. There is a boatload of information on this type of thing on the web. If you don't believe it happens then do some searches like DTL has done, and you'll find your answers.
stifler, that is why I'm not worried. I first heard about this in December of last year. I bought my first lot a couple of weeks after the Belize news in February. The big investors will wait until there is cold hard facts that can be verified, that will come in October. 10 weeks is nothing to me. At a minimum if half of what we talk about here is true, this will be double where it is currently by that time. Patience and buying on the dips is the answer. I'm ready, armed and dangerous.
GO TECO!
I did notice a sell of 333,333 shares today????? but not at that price (.06) $40,000.00 / 666,6667 = .06
jake09
Hahaha!!!! Benjamin Graham would most def file this one under speculative. However Mr. Market's offer to buy my shares is getting shot down every morning.
have read the Intelligent Investor
yet to read Security Analysis, and The Interpretation of Financial Statements.
Not light reading but a lot to be gleaned from his writings.
If you're planning on buying more, better do it now, bid and ask moving up!
GO TECO!!!
I did get small order filled. Limit order above the ask took nearly 15 minutes.
someone now selling 500 share lots. That netted someone $10.00 after commissions. hmmmm
My buy is just sitting there....
Here we go again. Buying opportunity!
I can't disagree with you on that point. They should be upfront about this type of thing. But have seen it happen in many other pennies.
This makes me think that they have something in the pipeline that will be released at about the same time as the PR about the new shares. Possibly paying for the new leases, which would make sense since there is incentive to get it done prior to the 15th of August. It could be something else entirely. I don't know, but am more curious than ever about the coming weeks. Should be interesting.
GO TECO!
Nobody wants to see dilution, but geez what do you expect. I mean it would be great if they could just print some money, kind of like a reverse NSS, but they can't, so this is what they have to do to pay for the things that are creating value for the company. Is anyone surprised by this happening?? This is what they have to do to pay for equipment, leases and anything that costs money.
Profitability is in sight, and there are many positives that could show up in the coming week(s). I think before August 15th rolls around sentiment here will change dramatically toward the positive again. Oh yeah, and the drop we've had so far today is on about 53K shares traded, nothing to get panties up in a bunch about.
GO TECO!
Cool, thanks for the PM. I'm hoping that people have enough patience to get us into August north of a nickel. I think by next week we'll get some good updates on a couple of fronts, that'll help a lot.
Thanks in advance baron, I owe you a pastrami on rye.
OK gang, that 2000 share buy is mine over an hour ago, its getting lonely.
OT: makeminecountry, have had a good year portfolio up nearly 30% so far, so my wife is back to trusting my judgement on stocks. OK back to TECO. I do think that cool is right about the shorts getting nervous about covering, and the number is right around .045. I'm hoping that today is the day one of them folds, and starts the ball rolling again.
Hahaha!! I'm thinking maybe we should short sell the wife and kids. We could buy them back in September or October at a cheaper price.
Done deal blind. The only thing is that I have to put it in as a limit buy, so even if I'm willing to pay slightly above the ask, it always will go off below my price, sometimes even below the ask.
Yeah blind, I agree that a nickel is cheap for a company producing those numbers and is cash flow positive. So where are the buyers? I have been buying small chunks during the past two weeks, and have accumulated a nice pile of tickets. Based on the posts here you would think that we would be seeing lots of buys at .05, but at the moment it's not happening. I will buy more today, but that will be my last for a while.
What exactly are you implying here Geo???
"it's no big deal because I think it was wise of teco's management not to release info that could be scrutinized over or possibly used against them in the future..."
Couldn't agree more mmbane, a nickel price for a company that should be worth at least a dime currently is a no-brainer.
mmbane,
The transaction after hours was the largest of the day, and went off at a price below any of the transactions that took place during the day.
If it is a sell, then why didn't the entity sell it at a higher price during the day??
If it was a buy then why didn't I get a chance to buy at that price???
Just curious.
$0.0506 1,238,500
$0.0520 10,000
$0.0520 85,000
$0.0521 5,000
$0.0521 50,000
$0.0530 10,000
$0.0530 16,085
$0.0530 25,000
$0.0550 10,000
$0.0550 5,000
$0.0550 5,000
$0.0520 2,500
$0.0550 10,000
$0.0550 30,000
$0.0550 5,000
$0.0550 2,000
$0.0550 20,000
$0.0550 4,839
$0.0510 430
$0.0550 8,161
$0.0540 25,000
$0.0540 8,500
$0.0510 1,000,000
$0.0540 5,000
$0.0550 5,000
$0.0560 2,000
$0.0560 5,000
I have always used etrade, and I have never had a problem. Had my doubts about being able to put all these shares up at a high level, but went through no problem. Wish transaction costs were a bit cheaper, but $9.99 ain't too bad.
HAHAHA!!! baronvonmadball,
Well I'm hopeful that the next time I decide to buy a million shares of something, I can get it below the bid.
Don't have level II what was that .0510 trade that just went through.
I don't put any faith in anything I read on a message board. I come here to see if there is something that I've missed on TECO. If someone posts something that I can verify, I do so. If Rambler wants to post something about someone intending to do something, then I read it and file it away. If nothing happens then in my mind he has lost a bit of credibility, if however there is an upsurge in volume and price in the coming days, it could be that what he said is true.
I believe that we have something good here, and I've been adding through ups and downs, I thank my buddy BaderBob for pointing me to this stock and someday I hope to have him over to my future summer home in Martha's Vineyard, to celebrate.
Here we go again..
Rambler, I have read some articles about Patrick Byrnes, and am extremely interested in NSS and its effects on the market as a whole. In particular how it affects small emerging companies such as TECO. Obviously the people who perpetrate NSS on companies such as TECO have little or no interest in whether or not it destroys the company and the money people have invested in said companies. Their motivation 99% of the time is purely greed. I think that your suggestions have stemmed the tide for the moment here, and for that I thank you. Hopefully at some point in time the SEC will grow a set and go after these people. It will be a major undertaking as the tendrils extend well beyond market makers and hedge funds as you probably well know.
I'm in!
Baderbob,
Black cloud in the silver lining!
Sows ear from a silk purse!
I was counting on you, and you came through!!!
Just kidding. That is a problem I don't mind dealing with.
10Nate03, people here are doing anything they can to protect their investments. I suggest strongly that you do as many here have and put all of your TECO shares for sale at a high number, thereby keeping MM's from borrowing your shares. Here are some articles that will show you exactly what can happen to companies like TECO from Naked Short Selling.
http://seekingalpha.com/instablog/2406831-shortracker/651241-naked-short-selling-is-killing-otc-companies
http://www.marketrap.com/article/view_article/9148/strange-occurrences-and-a-story-about-naked-short-selling
http://www.deepcapture.com/category/4-the-crime-naked-shorts-other-insincere-ious/
This is a small sample of what's out there on this topic. I suggest you read up on this and you will likely come to the conclusion that what is going on with TECO falls neatly into this category. People here are doing something to help this company succeed and thereby helping their investments succeed. It might be a coincidence, but did you notice that there was no lunch time sharp decline yesterday??? Maybe what we're doing is having a positive effect. If so you're participation would help a little bit.
Who's inclined to blink???
We need some buyers at these levels. I'm tapped at the moment.
Coolnapz, as always props for your excellent contributions here.
Undervalued seems like an understatement. Your envelope calculations are indeed conservative. The only thing that is wrong at the moment is the current PPS. I can live with it at these levels till 3Q reports come in. That's when any doubt WILL BE REMOVED. When there is hard evidence ie 10Q stating that we have x amount of revenue from these and other wells that will be coming online, then we will see a huge influx of new buyers. Any appreciation in price between now and then to me is gravy!
I've read this before, For what it's worth I've done that. Can't hurt sure hope all my shares go for 1.00, 1.50, 2.00. We'll see.
Amazing that shares wouldn't sell for .055 and now alledgedly they are selling for .048. OK I just saw the volume change from 4 million something to 3 million something. anyone else see that???
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