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the action of the past three days is very typical of the manner that this stock trades.
a quick pump up, and then back to reality.
as shizuko said in a previous post, you have to know when to sell.
and you should never buy over .015
HOUSTON, TX--(Marketwire - 10/25/10) - Treaty Energy Corporation (OTC.BB:TECO - News), a growth-oriented energy company in the oil and gas industry, today announced that it has successfully performed the acidizing process on its Joseph Schwallie #1 well in Pickett County, Tennessee.
On site during the acidizing process were John Barksdale, President of Treaty Energy, and Gerard Danos, Vice President and COO of the Company.
Mr. Danos commented as follows about the process and results: "After video logging of the well, which identifies the fractures in the formations, the well was acidized with 1,500 gallons of 18% hydrochloric acid. The zone treated was the Stones River formation at a depth of 1,128 ft. and the well seemed to treat well. The well was shut in for a half hour, and then slowly blew back the spent acid for approximately 2 hours. The well service contractor then began swabbing the well to continue removing the fluid from the well. It was then shut down overnight and then swabbed again the next morning. At this point it was decided to unseat the packer and run the down hole pump and rods into the well."
John Barksdale indicated that he would begin pumping the well late Monday or Tuesday morning using a gasoline motor on the pump until the final electrical service is connected to the well. All the spend acid and residual fluids will be removed from the well prior to knowing the final results of the treatment process.
Gerard Danos commented that he is very optimistic about the future production on the Joseph Schwallie #1 well. Pictures taken at the well site will be posted on www.treatyenergy.com. Additionally, Mr. Danos stated, "Plans are to now proceed to the Robin Moody #1 well to do the same acidizing treatment."
Based on results of these two wells, Mr. Barksdale has picked the first site for a "new" well that will be located near the Joseph Schwallie #1 "re-entry" well. Treaty will continue to post information on these wells and other Treaty operations and acquisitions as its multiple projects move forward.
after that PR, i can see why teco is droping like a rock.
this is one manipulated stock; doesn't seem possible to me that be people would be selling at the bid, droping as it is.
yes, great volume going up; little volume while we retreat.
yes, great volume going up; little volume while we retreat.
nice while it lasted; ask is going down
WHY??
looks like people were afraid of NEWS over the weekend. imo
go TECO imo
what will make it bounce?
.007
teco is not looking real strong today
someone must know something that is not being shared
good news; climbing back to a penny.
yea, someone is; too bad it isn't out there for everyone.
the people who keep buying teco at these high prices are going to be terribly dissapointed. mo
teco pps is dropping more rapidly than is normal; i think someone w/ insider information is dumping this stock.
i hope it isn't the major stockholder in teco.
TECO is the inverse of gasoline prices; when crude rises, gas prices jump & when crude falls, gas prices stay the same. With TECO, when crude rises, TECO pps stays the same & when crude falls, TECO pps falls.
http://www.oil-price.net/index.php?lang=en
crude is up over $8 in the past week, but it doesn't affect teco pps; guess teco should be in the oil business.
someone is doing an excellent job of keeping teco pps down with very little money
hey, this is cool; a $10 trade takes us down 7.5%
someone just made a nice $2300 investment in teco
time to load up; then dump in a few weeks for $50
shade
what 'last update' are you referring to? a link pls, thks
pps is certainly confirming everything you post LOL
what takes longer to get anything accomplished?
US Fed Govt, or BP, or MOP Environmental Solutions, Inc.?
guess were my money isn't? (the feds have it all via taxes)
07/17/2010 Press Release
http://finance.yahoo.com/news/Treaty-Energy-Reports-iw-2219536276.html?x=0&.v=1
outsource what? lol
partial fills on a larger order; ie not 'All or None'
your comment speaks volumes;
i once had a stock where everything was promised 'soon'
it never happened
just might be time to bail and save a penny
they fixed it
bid .0118
ask .013
oil is up nicely
$75.74 ?1.67 2.25%
whoever deserves the credit, thank you for painting the close.
.0125
hope it holds
help me out here; oil is up over 2%, all the other oil stocks are up;
yet TECO is down
can someone explain?
it took awhile, but we are back down to .0001
why should you invest?
i think you said it best yourself:
<<I got 2.5 millions. And believe me i will be loading up tomorrow at least another 5.5. Its all or nothing . If it dips i will take it all the way up to 10 all together. Good luck to all of you. IMO i think this its the one that its going to make a bunch of people a good deal of CA$$$$$$$$.And i will not sell at .01. Thats nothing.
ALL OR NOTHING
C>>
hello carlos
welcome back
now is an excellent time to average down; you should be able to get all you want at .0002
This is exactly the reason that we all appreciate Bengals being on the Teco board; much wealth of good information.
http://finance.yahoo.com/news/Treaty-Energy-Adds-Another-iw-1359885099.html?x=0&.v=1
<< The Company's first well to strike oil in Tennessee was the ROBIN MOODY #1 well which was the subject of a June 10th news release. This well has been completed and has been tested using a gas powered motor drive to the pump jack. During testing the well produced pure oil with no water, and Treaty's operator estimates that this well will produce between 10 and 15 BRLS per day prior to possible chemical treatment of the well. Electrical power to the well has been "staked" and final installation of electrical awaits the power company's installation crew.>>
.0001 YAHOO!
someone just saved themselves $1170.
better than a sharp stick in the eye.
Currently invested with the intent to hold.
i realize you are an oil man (and i appreciate your oil man posts), but your posts are all seen thru rose colored glasses; we both want to make money w/ teco, but i do have to pose questions at times.
i think the first TN well at 10 - 15 brls a day is a great start
certainly hope so