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Re: sweet crude post# 3160

Friday, 07/09/2010 1:30:48 PM

Friday, July 09, 2010 1:30:48 PM

Post# of 19068
i think "the news" has taken on a life of it's own. the confirmation of "the news" seems to be erroneously predicted here on a daily basis, week after week by the usual array of pumpers. it has to do with the proported purchase of a company with sizeable inventory and accounts which would boost TSPG's bottom line. TSPG did eventually commit itself via a wire story to this transaction, but precious little confirmation has come forth and the market has thus far been unimpressed, as the pps/negligible volume shows. perhaps it is already priced in, who knows. an update on where this all stands by TSPG mgt would be nice and might help move things along.
i suspect no one other then a few company insiders know exactly where this stands and none of them posts on this, or any other board. what i don't see is any insider buys that would tip the confirmation being imminent, but remember it is the otc market your dealing with, the equivalent of a parallel financial universe where commonly accepted financial rules and regulations don't apply. buy cheap and hold for real news and revenues. just don't get in too deep on any penny stocks and you will be fine.