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Thursday, June 09, 2005 10:53:55 PM
I know you guys see all the great potential this company has and has been executing on and feel strongly the management is good and is taking TNOG in the correct direction for success! I agree.
You have to remember the company, management, and employees make money from company growth & successes. Long investors in OTC:BB stocks, have to take the huge risks that startup companies do and long can be very long.
My experience with these types of companies shows companies can continue to grow, without growth in the stock. IMO The recent market maker proactive position in TNOG, may cause the stock to stop or slow in it's past 3 month rate of growth. Many times TA charts will show a change in pattern, just before the pattern stops. The up trend channel is forming a change in it's past 3 months pattern, right now.
In that, I mean it's breakout pattern has strengthened sideways some and the breakout is taking slightly longer to play out, then the past 4 or 5 moves. Due to MMs IMO !
The level of big event news, for the company, may be reached with the wells going into production and you may have to wait many months for further major company events.
Put the 2 together and you may see MMs start a long slow walk down after this run. Just a warning as to what may happen. IMO everyone should understand this possibility and start to develop a plan, if it does happen.
Success !!! http://www.investorshub.com/boards/board.asp?board_id=3972 Welcome to my mind!
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