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Alias Born 09/30/2005

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Wednesday, 03/03/2010 2:15:26 PM

Wednesday, March 03, 2010 2:15:26 PM

Post# of 228
DAVIDAM:
Don't know if you allocate a portion of your investing assets to high risk penney stocks, or not, but if you do, check out TREATY PETROLEUM (TECO). A very interesting business plan, imo, as they have bought up thousands of acres of US land with once producing, but abandoned oil wells, which they are now actually starting to produce oil from again. These wells were abandoned by the larger oil companies when oil was very depressed. Finding oil costs millions and millions of dollars and here that's all been avoided.

With oil at $80. and the leverage one can get here, I find it a very attractive play strictly for high risk investing.
I have just taken a sizeable position in it. The technical pattern, to the degree that that is valid in a penney stock says BUY.

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