InvestorsHub Logo
Followers 36
Posts 1777
Boards Moderated 0
Alias Born 12/30/2004

Re: None

Friday, 07/27/2007 12:05:45 PM

Friday, July 27, 2007 12:05:45 PM

Post# of 17740
Is TRGL worth $240mil market cap?

TRGL - sold off on 2.1 million shares in early May. 12 million shares in the float. Insiders hold 24% and institutions hold 51% so 75% or 9 million shares held together. Yahoo shows the other 3 million shares are held short. Only 70,000 shares traded so far today.

When will shorts decide to cover? We know earnings report will be bad, but we also know gas wells are being connected to the pipeline and revs are coming on.

I am thinking to add a few shares today, anyone else adding, or is it a falling knife???

Kipp

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.