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Almost $1!!!
That will be a psychological break-through for some and if it holds over $1 ......
So, news, if TIV dilutes some more they can stay on the AMEX.
It will be interesting to see the terms of the upcoming dilution.
Forget making money, just dilute to keep that listing?
jonesie
That was quite a series of posts showing QR codes in use ...
... everywhere.
Someone certainly did all the heavy lifting, and now they are carrying the money to their banks.
Meanwhile Neomedia carries YA's water and says 'yes sir' a lot.
jonesie
According to your post, review was "done" ...
On June 6, TIV = 1.02
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50953648
In the post I replied to you said "since we did review"
"did", "done", pretty much the same thing.
If you made money trading TIV, good for you, that's great. There was certainly ample opportunity from $0.5x to points higher for any who had money left and the desire to put it in TIV after the huge drop in share price despite all the claims about great things going on.
All I do is point out facts, versus what management past and present and TIV's various promoters have "said" or tried to imply.
jonesie
Really, since "did review"?
Really?
Chronology:
PPS POST
$1.22 5/12 First post here
$1.25 - $1.01 (range) Sometime in May Predict $5 by year end
$1.01 May 27 "Bottom call", "all da way in", citing triple bottom area
$1.02 June 6 "Review is done", "looks good"
$0.94 Oct 10 Says since "did review TIV been a real hit"
So Mick, since you called a bottom, TIV went from $1.01 to .51.
Since "review" done, TIV went from $1.02 to $0.51 and bounced back to $0.94, where it is now.
How was that "a hit"?
Of course, any trader picking the absolute bottom and selling sometime since then made money, but from $1.02 to $0.94 isn't exactly "a hit", that was just a trader's opportunity and I didn't hear a bottom called at $0.51, unless I missed it.
Just sayin' ...
Best of luck to you.
jonesie
GAMBLE CONVERTS INVESTMENT INTO 10% DIVIDEND BEARING PREFERRED STOCK
I remember TIV shareholders begging TIV for a dividend on their shares. Well, here it is, 1 got it.
http://www.sec.gov/Archives/edgar/data/22551/000116267710000221/tv106108k.htm
Excerpts:
Date: October 6, 2010
"Item 3.02 Unregistered Sales of Equity Securities
Effective September 30, 2010, the Company issued 355,000 shares of restricted Series A Preferred Stock to the Company’s Chairman of the Board, G. Thomas Gamble, in exchange for outstanding obligations from the Company to Mr. Gamble. The obligations exchanged included a note payable of $850,000 from the Company resulting from an advance by Mr. Gamble in December 2009 and the previous acquisition of membership interests in Great Valley Production Services, LLC, for consideration of $2,700,000, for a total of $3,550,000."
"The terms of the Series A Preferred Stock are described in Item 1.01, Entry of a Material Definitive Agreement, and the Certificate of Designation of Series A Preferred Stock is set forth in Exhibit 4.1 to this Report."
and...
"The shares bear a liquidation preference of $10.00 per share (a total of $3,550,000)".
"A dividend on the shares is payable at the rate of 10% per annum."
Here's one of the exhibits...
http://www.sec.gov/Archives/edgar/data/22551/000116267710000221/ex10pt1sa.htm
Excerpt:
"WHEREAS, the Company is indebted to the Purchaser in the amount of $3,550,000, resulting from the purchase of $2,700,000 of membership interests in Great Valley Production Services, LLC, from the Purchaser and a prior advance of $850,000 (together, the membership interest purchase obligation and the prior advance are called the “Obligations”) , the Company is offering shares of Series A Preferred Stock bearing the rights and preferences outlined in the Certificate of Designation of Series A Preferred Stock that is attached as Exhibit A;"
And here's the other...
http://www.sec.gov/Archives/edgar/data/22551/000116267710000221/ex4pt1cd.htm
Excerpts:
"1.01. The Holders of the Series A Preferred Stock shall be entitled to receive, in preference to the holders of the Common Stock or any class or series of stock ranking junior to the Series A Preferred Stock, cumulative dividends at the rate of ten percent (10%) per annum"
and...
"Preferences. The Series A Preferred Stock shall have preference over the Common Stock and any class or series of stock ranking junior to the Series A Preferred Stock as to the distribution of assets in the event of any liquidation, dissolution or winding up of the Corporation"
TIV QUICKLY PR's PRODUCTION AFTER OPUS DELAYS LAWSUIT
TRI-VALLEY EXPERIENCES HIGHER MONTHLY COSTS FOR STEAM STIMULATION
TRI-VALLEY DISCOVERS IT'S HARDER TO PRODUCE COOL HIGH-VISCOSITY CRUDE OIL AT END OF STEAM/PRODUCTION CYCLE
TRI-VALLEY PREPARES INVESTORS FOR MONTHLY VARIANCES IN PRODUCTION
JMHO -jonesie
http://ih.advfn.com/p.php?pid=nmona&article=44637648&symbol=TIV
"Tri-Valley Reports Increased Oxnard Oil Field Production in September
Date : 10/04/2010 @ 6:30AM
Tri-Valley Reports Increased Oxnard Oil Field Production in September
Tri-Valley Corporation (NYSE Amex:TIV) today announced that gross oil production during September from its Pleasant Valley oil sands project in Oxnard, California, averaged 324 barrels of oil per day as compared with 210 and 151 barrels of oil per day in August and July, respectively. Oil production at Pleasant Valley during September reached a peak rate of 600 barrels per day. September production reflects the results of additional cyclic steam stimulation and resolution of issues which had temporarily decreased production in the prior two months of the quarter. The Company’s reported production at Oxnard is net of diluent used to produce and process heavy oil for sale.
“September production improved at Pleasant Valley due to additional extended steam cycles completed during July and August on two horizontal wells on the Hunsucker Lease,” said Maston Cunningham, president and CEO of Tri-Valley Corporation. “July and August production at Pleasant Valley was lower than expected due to unavailability of production rigs for well repairs, and problems in processing cooler, higher viscosity crude oil pumped from wells nearing the end of their extended steam-oil production cycles. These issues have been resolved, and we expect continued momentum in oil production at Pleasant Valley.”
Given the cyclic nature of the Company’s steam injection operations at Pleasant Valley, monthly oil production will vary from month to month according to the actual number of days that each well is on production in a given month.
About Tri-Valley
Tri-Valley Corporation explores for and produces oil and natural gas in California, and has two exploration-stage gold properties and a high grade calcium carbonate quarry in Alaska. Tri-Valley is incorporated in Delaware and is publicly traded on the NYSE AMEX exchange under the symbol "TIV." Our company website, which includes all SEC filings, is www.tri-valleycorp.com."
UNHAPPY OPUS MEMBER CONSIDERS LAWSUIT AGAINST TIV
(FINALLY! LOL)
http://www.sec.gov/Archives/edgar/data/22551/000116267710000218/tv101108k.htm
(The below has a few lines of header info removed for brevity, see link above for entire filing)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Date of Report (Date of earliest event reported):
September 30, 2010
Tri-Valley Corporation
4550 California Blvd., Suite 600
Bakersfield, California 93309
(Address of principal executive office)
Section 8 Other Matters
Section 8.01 Other Matters
In mid August 2010, Tri-Valley was informed by counsel for an investor in its TVC OPUS I Drilling Program, L.P., that the investor may have some claim against the OPUS partnership, Tri-Valley, and its subsidiary, Tri-Valley Oil and Gas Co., (“the potential parties”) relating to the sale of interests in the partnership and management of the partnership. Due to the investor’s concerns about the possible expiration of the statute of limitations for the potential claims as of September 30, 2010, the potential parties executed tolling agreements with the investor for a period of four years, until September 30, 2014. This time period will facilitate the investor’s and the potential parties’ desire to enter into discussions to reach an amicable resolution of matters related to the potential claims without need for litigation, arbitration, or other formal proceeding, and in a manner which will avoid unnecessary expense, delay, or disruption to the operations of the potential parties. During the first year of the tolling agreement, the investor agreed not to file a lawsuit over the potential claims. No claim has been filed.
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.
Date: October 1, 2010
TRI-VALLEY CORPORATION
/s/ Maston N. Cunningham
Maston N. Cunningham, President and Chief Executive Officer
JMHO
jonesie
Running is good!
Folks who have ridden this down from the high teens through $10 and $6's and on down have now gotten back twenty seven cents from the recent low of $0.51.
And for any swingtrader who waited and picked up shares at/near the bottom, it's been a nice 40%+ plus gain in a very short period of time.
What's that traders' adage involving long term declines and news, ahem, er, PR-"enhanced" bounces? 3 days in play, take your pay?
Not the "intrinsic" pay, the real pay lol.
It bears watching closely to determine whether the specialist and "the money" want to trade it up higher and get a real mo-mo run going (from $1.50 to $16.x was fun!) or if this is just another one of Geo's short-lived legless runners.
Good luck to all!
jonesie
"enhanced valuation"
Is that kind of like "intrinsic value"?
lol, nothing ever really changes.
jonesie
Another up day!
33% up from $0.51.
32% down from $1.00.
Who bought at a buck and above?
And who was able to get shares at $0.51?
good luck to all!
jonesie
An up day!
Bottom pickers can make money here, it just depends on whether the recent low or an earlier 'recent low' was the one picked.
good luck to all!
jonesie
NEOM not trading today?
Or am I just not seeing it?
"This thing just keeps tanking."
And tanking, wow.
You'd think that sooner or later the 'talkers' will put out a PR that will get at least a modest run going again. The most recent buyers could profit from that, and the folks holding long and hoping and averaging down for all these years will have their losses reduced somewhat.
Soon it could take a quadruple.
Same ol' same ol' it seems.
$17 to $0.58, now that's a plummet, however painfully slow.
jonesie
Averaging down has always worked very well ...
... for investors in TIV since 2005.
Wait ... no it hasn't.
That having been said, if TIV can't hype a bounce from these levels for a double/triple to $2 or so, they have really lost their touch.
jmho
jonesie
Maybe, if it had anything to do with Neomedia.
But it does not.
If it did, the PPS wouldn't be a pre-R/S .0022.
The .0022 tells us none of the 'progress' in 2D barcodes has anything to do with NEOM.
Best,
jonesie
p.s. Any PRs lately? Any quarterly Conf. Calls? Neomedia management in some kind of 'quiet period' again? LOL
And you know why equity is up right?
Of course 'equity' is up, they just finished diluting existing stockholders ... again ... by printing more shares and selling them for 'equity'.
However, AMEX seems to be on to them.
How long will it take to throw these fresh millions down some holes, then sell the properties they dug the holes in for pennies on the dollar ... again?
Were the shares they sold this last time around nicely discounted, perhaps with some warrants (which do have monetary value) thrown in ... again?
Same tunes, different flute player.
Play the pops!
jonesie
Nobody seems to be buying the talk.
Play those pops!
jmho
jonesie
So, how many shares will trade this time ...
... on the official Russell 'you Russell-related funds have to buy TIV stock even though you've lost bundles when forced to do that in the past' day?
1.1 mill?
1.4 mill?
Will the shorts short into that, providing the supply to meet demand and keep the pop to a blip, betting The New Tiv is the same as The Old Tiv and they can cover lower next year when the Russell funds have to sell if Tiv falls off the Russell again?
(Will continued dilution and psychological support at $1 keep Tiv on the Russell for two years in a row for the first time?)
Or will the shorts figure $1 is pretty low, not enough to bother with, and the Russell-buy in will cause a bigger pop?
Will TIV's specialist coordinate a nice smooth non-PPS-pop kind of transaction like he has in the past?
So many questions lol.
Play the pops. Surely Russell will cause one.
jonesie
I wonder if/when they will ...
... get their stock options re-priced downwards? So far, the stock options awarded TIV management have been pretty worthless. Except that one guy, didn't the original Select manager cash his in, or sell his stock in the green? Ticked off Lynn and he had to quit.
Play the pops. Russell might cause one.
jonesie
Nice PowerPoint ...
They did a prettier job of 'we're gonna' than ever before.
What happened to the rest of this sentence?
"Positioned to become the largest oil sands producer in"
I guess the writer thought he would get back to that one, was hard to decide what to put there?
Play the pops.
jonesie
QR Codes & More Added to ScanLife
From: ScanLife Sales (Scanbuy)
To: bjonesxx@xxxxxxxx.net
Sent: Saturday, June 19, 2010 1:52 PM
Subject: QR Codes & More Added to ScanLife
Hi Bruce,
We wanted to let you know that ScanLife has released an update to its ScanLife Code Management Platform which has some great features for Business account users.
We hope this will give you even more flexibility when creating, editing, and reviewing your mobile barcode campaigns!
We now offer QR & Datamatrix Codes
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
In addition to the EZcode, we now offer the option to download the QR and Datamatrix code formats - all of which the ScanLife app can read on any supported phone.
It's up to you to decide which code format you want to use. If you have a small amount of space - like packaging - you may want to use the EZcode. If you are using codes in an outdoor ad, maybe a QR code is better. The only real difference is size, and the minimum requirements are as follows:
EZcode - 1/2 inch
Datamatrix - 3/4 inch
QR code - 1 inch
All of the codes provide all of the reporting features like number of scans, unique users, type of handset, demographics, and more.
More Flexiblity
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Another new featureis the ability to change one code action to another after the code is created. The platform has always allowed you to edit the content of the code at any time which has provided a lot of flexibility for codes that are being used for an extended period. Now, the system also allows you to change from one code action to another. So, if you have a Web code that links to a URL, not only can you choose to change the link, but you can also change the action entirely to launch an email, a phone call, and more.
Enchanced Reporting Features
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
You can now see visual graphs representing all of the data from your campaign within your ScanLife account. This will make it easier and faster to see how your codes are performing and what type of user is scanning. Of course, you can still download the raw data at any time via Excel.
Total Scan Summary
Handset OS
Contact Us
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Contact us today to launch your interactive bacrode campaign. Thousands of people are scanning 2D barcodes and product barcodes every day, so now is the time to make your brand come to life!
See more examples here.
Hope to hear from you soon!
ScanLife Sales
sales@scanlife.com
Quick Links...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Scanbuy | 54 W. 39th St. | NY | NY | 10018
"leader"
LOL
And during ex-NEOM-CEO Chas Fritz' tenure at NEOM, and at a time when his apologists say he didn't know what he was doing when he took that first bite of the Cornell apple, he was involved (and still is) with a purveyor of complex financial instruments.
http://web.archive.org/web/20051028191318/http://www.usbusinessfinance.com/fritz.html
Chas Fritz, ex-CEO of NEOM, knew exactly what he was doing. He knew he had nothing of value so he cashed out, pocketing the cash of sharebuyers who he convinced to buy through his bs PRs.
jonesie
"Tri-Valley Corporation (NYSE Amex:TIV) today announced that it has been included on a list of preliminary additions to the Russell Microcap® Index posted by Russell Investments on June 11, 2010 on www.russell.com. These changes are expected to go into effect after the close of trading on Friday, June 25, 2010."
LOL, well I guess that's one benefit of dilution. If you can dilute a stock faster than the share price falls, you can get your market cap high enough to squeeze into the smallest Russell index. Hilarious.
"The expected addition of Tri-Valley to the Russell Microcap Index could benefit our shareholders by increasing awareness of TIV among institutional investors, and the investment community in general, as we execute our strategies to build shareholder value,” said Maston Cunningham, Tri-Valley’s President and CEO."
Why yes, it could benefit TIV's shareholders, short term anyway.
Wait, it might not.
The first time it looked like TIV would make the Russell the dreams of that event propelling TIV's PPS to the moon helped to fuel (along with a lot of hype by organized professional hypesters) what was probably TIV's second largest 'boom then bust' medium term spike.
Any TIV shareholder who played that spike and sold made money.
Any TIV shareholder who held believing the glory days were here at last lost money.
And the shorts got to cover a WHOLE lot of their short position in one day's transactions when the Russell-mandated buyers dumped their shares (at a huge loss) with the TIV specialist arranging the deal.
What was it, a million shares got covered in a blink, without the much-hyped rocket fuel effect of shorts covering? How did that happen, in spite of Lynn & Friends' claims? LOL
I guess the second time TIV got in a Russell index by virtue of dilution and a tanked general market, the pop was smaller, a year later the PPS was lower and the Russell-related funds lost money again because the Russell-related institutions that were forced to buy some TIV stock all took a huge hit when they were finally allowed to sell.
And didn't more shorts get to cover a big chunk of shares at an even lower price than the time before?
With no rocket fuel effect? Lynn? Batted zero, no oil, no gold, no gas, no rocket fuel, no nuttin' but a nice wad of shares and no filing requirements now?
I wouldn't be surprised if some of the Russell Microcap Index-related funds who could be forced to buy TIV stock next week write a letter to Russell asking if they would please keep this dog off the list.
LOL
Play those pops, surely TIV can engineer a few more from time to time with the help of some pump-priming buys and a PR or two.
jmo
jonesie
And remembering that you "brought RM in" ...
... has what to do with anything?
"not thinking about other ideas to bring in rev's", ...
... and curtailing the paying of ridiculous salaries, benefits and termination packages "until the market was ready for us."
"it's easier to move paper then to actually work for a living."
Your post nails it and you are so right. It's amazing how many NEOM/YAGI-related pennystock scams and how many other pennystock scams have their roots in Fort Liars, er, Myers, Florida, all run by folks who don't actually want to produce anything but would rather use elaborate SEC filings and PR schemes to bilk others out of money.
All while operating on the tattered edges of SEC rules governing the otcbb.
"I blame management 100% for not anticipating industry adoption"
They did. Chas Fritz anticipated it, in fact he probably knew it from the get go, and cashed out as soon as he realized the hype had no long term legs for his stock price. (Check out his webpage, full of waste-remediation schemes, real estate schemes, "high end" financial instruments such as those perfected by YAGI, a pennystockscam mentality to the end lol) The succession of management knew it, insisting on handsome pay packages in return for granting YAGI the keys to the public-company cash register, offering up their PR-b.s. words while facilitating YAGI's swapping of shares for otcbb-generated cash.
jmo
jonesie
Thanks exlud.
"all of this has been planned years in advance"
Yes indeed. YAGI planned years in advance to milk retail sharebuyers to the utmost degree, taking as much money out of sharebuyers pockets as possible while increasing their ultimate ownership of NEOM to nearly 100%.
The plan is not to enrich any sharebuyers but themselves.
The plan has worked perfectly except a few nimble traders and early sellers have made money or broken even.
Shareholders are the ultimate losers in this plan of YAGI's, and you have seen it unfold.
Iain's interviews, that's hilarious, a paid mouthpiece for YAGI whose words have proven to be garbage time and time again, just like those of every other paid lackey in NEOM management and BOD.
Anyone intimating that there is anything good in the plan for shareholders has another think coming.
Which part of YAGI-has-done-this-over-200-times does anyone not understand?
jonesie
Now THAT PR sounds a lot like PRs of the past.
A whole lot of nothing.
Apparently nothing has changed at all, a PR driven trader stock profitable for those who watch closely, try to guess bottoms, buy low and sell a little higher, but forget holding long.
jmho
jonesie
Alright guys, more about TIV and less about non-TIV, okay?
And if there's nothing new about TIV, less about non-TIV is still fine.
Thanks.
jonesie
Did neom have any other avenues for financing besides YA?
This management (NEW) or the one from 6 years ago (OLD)? Old management--YES,
New management-NO
What did they need financing for? What did old or new management ever do with money besides pay themselves very nicely, give nice parting gifts and attend a few trade shows?
If neom did have other options, why didn't they go that route?
Old--DUMB. New--no options.
No, old was not dumb, I showed years ago where Chas Fritz was in another business which did virtually the same thing as YAGI, he and JJ knew exactly what they were getting into and why. Chas, dumb? He walked away with $4MM before it hit the fan. Not dumb.
New, right, no options other than to maintain the facade so YAGI could own more and more of the company, and new mgmnt was paid handsomely for their efforts.
Was neom mgmt that blind when jumping into bed with these guys?
Old--YES. New--no options.
Old mgmt blind? See above. Shall I go dig out my old posts showing just how NOT dumb old mgmnt was, showing Chas knew exactly what he was doing?
Was this the only option for neom to survive?
NEW--yes.
Survive to what? It would have been better for shareholders (except YAGI) at any point along the way for NEOM to go into hibernation mode, spending virtually nothing other than whatever they spent to get whatever (lame and so far worthless) rulings they ever got on their patents.
Was the move to YA strictly job survival and a paycheck for neom
mgmt without any regard to shareholders?
OLD-dumb is dumb. NEW--no options.
OLD not dumb, see above, and I'll be glad to produce the proof from past posts.
NEW had options. Knowing this had been, is and always will be just another total YAGI farce, would YOU be able to look yourself in the mirror after facilitating the farce just to get a paycheck?
Not me. But then I wasn't raised as a Wall Street denizen the likes of which nearly took our financial system down and still ply their wares as before.
All IMO except for the facts asserted.
jonesie
And warrants at .003 pre-R/S
And adjusted previous warrants.
And and and on and on.
"In addition to the Debenture, the Company also agreed to issue a warrant to the Investor to purchase 5,000,000 shares of the Company's common stock, par value $0.001 per share (the "Common Stock"), for an exercise price of $0.30 per share"
"The Company and the Investor also entered into an agreement whereby they amended certain terms of all previously issued and outstanding warrants between the Investor and the Company (the "Global Warrant Amendment")"
"The Company shall not affect any conversion, and the Investor shall not have the right to convert any portion of the Debenture to the extent that after giving effect to such conversion, the Investor (together with the Investor's affiliates) would beneficially own in excess of 9.99% of the number of shares of Common Stock outstanding immediately after giving effect to such conversion, except for not less than sixty-five (65) days prior written notice from the Investor."
Didn't that used to be 4.99%? Been quite a while since I paid attention, maybe 9.99% is standard fare these days.
Of course, all bets are off with 65 days notice. 65 days from (x) and YA can convert and own a significantly higher %. I wonder if such a 65 days notice would have to be 8-K'd?
Oh well. NEOM(D) has become the poster child of YAGI toxic financing.
jonesie
Nice neo, thanks.
YAGI ... what's in YOUR pocket?
(hint: otcbb hopefuls' money)
Boy, ain't that the truth.
"Believing everything you read" would be the only reason anyone bought over .002 pre-R/S, right?
'course, what Neomedia execs wrote was pale in comparison to the various interpretations and suppositions.
TIV haz bin a great trader stk over the years.
And $1 could be anuther gd buy.
'course, bes stox add shareholder value and go up in PPS. Put a lot of bux in, leave 'em there, trade a few in and out for fun, 10 years later ya got 50 times the bux. Heerz wun of my favert 10 year plaze based on a tip frum sumwun in 2000.
TIV luks like a whole lotta people lost a whole lotta munny but then wtfdik. If yer a trader have at it an' ya mite hit the mutherlode.
Define 'bad' lol
TIV has a long history of putting out misleading PR after misleading PR, translating 5 minute flow tests after weeks of pent-up pressure into daily flow rates and PR'ing as if those were sustained and sustainable rates. Subsequent DOGGR reports clearly showed the facts, which were factually light years away from what TIV had in the 'news', er, PRs.
In my book, that's 'bad', as in 'bad boys'. ;)
It remains to be seen whether the heavy dilution of TIV's stock is 'bad' or not. Past dilutions raised money for projects that have not added significant earnings per share or dimes per share in PPS. Maybe some of that will pay off some day. So far, not.
I wasn't at all implying that your calls/trades were 'stories' as in fabricated. Telling stories about trades is fun. Perhaps I used the wrong word, let me know what one word you would prefer as a shortcut for 'relating past factual trading'.
jonesie
p.s. I am absolutely sure there is not a TIV short in existence who would say something 'bad' about TIV! Pretty much any short up to this point that isn't in the green shouldn't be shorting stocks, and I can't see how a short couldn't be in the green right now. On the other hand, longs who bought into TIV's claims at $16, $12, $8, $6, $2 etc might see TIV's follow-through as 'bad'. JMHO!
That's great, we all have our trading stories.
$1.50 to $16, called both ends, along with numerous successful documented-on-this-board swing trades along the way. Not daytrades, weeks long swing trades.
Now that we have our trading prowess out of the way, and aside from all that fun, I guess the most important thing is facts related to TIV's production and profits and how that will affect the PPS/shareholder value short and long term.
Many TIV investor/shareholders aren't traders, they were looking for the long haul, and they have seen their investment value woefully damaged by the combination of hyperbole in TIV PRs and lack of actual performance.
OPUS investors have seen their 100 million bucks evaporate, unless there were some more privy than others to upcoming PRs and recouped their investment through trading. Most claim not to have done that.
Let's see what TIV actually does, everybody can place their bets according to their instincts/beliefs and/or make predictions here, but the proof will be in the real numbers TIV puts up on the board, BOEPD and EPS.
Good luck to you!
jonesie
"NYNBob knows mining and oil well"
That's great. Here's hoping there is someone at TIV who (A) fits that category and (B) can actually translate that knowledge into sustainable shareholder value.
Lately shareholder value as represented by share price / outstanding share count has been dropping.
I'm sure there are many looking forward to (B)
jonesie
"$4 - $6 soon -"
That was last November. How soon was soon? TIV was $2.50/sh then.
Mick says $5 by EOY 2010 so there's time to see, like I said, here's hoping!
There's certainly more room for TIV to go up than go down and $1 or so has been a bottom in recent years.
I wouldn't be surprised at all to see a surge upwards sooner or later, one in which at least the nimble can profit.
We saw a .83 to 3.80 quick run over a 45 day period in Sept/Oct 09. 'course, TIV was $2 again in 30 days so there's the importance of profit taking again.
Good luck!
jonesie