Transmeridian Exploration, Inc (fka TMYEQ)

[downsideup]

Agree with the short term target...

Will wait a bit to see what happens before deciding how long is "too long" to see the rest happen. If it is a question of taking months and months to get from $1.50 to $3... yeah, I'll likely find faster places to park cash. If the new owner is more interested in dusting it off a bit and re-vending to regional interests sans the problems and with assets in development... might not take long to pop higher... but need to hear the new plans first.

Still expect it may become a good trading stock that will be useful to have on the short list for rotation depending on the timing.

So, agree again that I don't really want to marry this one. Not a core, long term holding for me... but holding from the April lows has been gratifying.