InvestorsHub Logo
Followers 164
Posts 22412
Boards Moderated 2
Alias Born 01/21/2006

Re: None

Friday, 11/03/2006 12:12:02 PM

Friday, November 03, 2006 12:12:02 PM

Post# of 33129
This is SWEET! ~~~~~ So is the gas. Great news.

Okay, who was the character who gruffed out this yesterday:

"If you thought today was bad, wait till tomorrow. Fridays have always been the worst"
------

When it comes to pink sheets, I've found it's sometimes best to be counter-intuitive. Buy doom and gloom and sell irrational exuberance. Example: I bought AMEP at sub penny prices about two years ago when the bashers were saying 'game over' and 'bankruptcy,' etc etc. Then it ran to 14 cents. I sold it too soon on the way up, but you get the point. TNOG can do the same and has far less debt.

TNOG is not the only oil/gas pink to be hammered down this year. The entire pink energy sector has been suffering. A lot of the charts look the same--dismal. But distress brings opportunity. When oil heads back up toward $100 barrel, these stocks again will pay off big time. Just takes a little patience and stubborness not to get talked out of your shares at the lows. JMHO.

XOM has been mighty good to me. Now it's TNOG's turn.

A good weekend to all patient longs!