Anyone have a read on COUGF? Ihub is touting them this AM.
COUGF has had a nice run last couple of weeks and pulled back yesterday.
However, the same SISM analysts and management team (Tighe, etc.) that pumped KDKN on multiple occasions ("this stock is worth billions") have cost a lot of trusting souls a lot of money. TAMO is theirs also.
Why should any of us believe COUGF is for real ... with a daily production of a staggering 200 barrels per day, not likely COUGF will jump into the breech caused by big issues in Middle East. Egypt is not a major oil producer and even Libya produces only 2% of the world's supply ... admittedly the coveted high quality light sweet crude.
My sensing is we are only seeing another round of pumping designed only to part you and your money. IMO.
I've got an open mind ... convince me otherwise. But I urge you to be careful when SISM analyst Schlotter is touted as follows on the IhHub email this AM:
"One prominent analyst, Ernest Schlotter, just upped the price target on COUGF to $10.56, a price it could reach within the next 18 months. And that analysis was done before chaos broke out in Egypt.
Now, that $10.56 target looks tame."
I am not aware that any of Schlotter's supposed analysis has ever come to fruition. To me he is prominent only as a pump artist. I made the big mistake of believing
If you jump into this, do so with extreme caution.
