From Smallcap Network:
Finally, Tri-Valley Corporation has been selected as Thursday's third-most bullish stock. If the name rings a bell, it may be because TIV was featured on Wednesday as a name that had possibly started a recovery effort along with the price of crude oil; whether or not it got over the hump depended on more progress from crude prices themselves. Given the optimism - by way of vote - it looks as if investors are expecting oil to keep on rallying, pulling this stock with it.
All that being said, it's possible that this new-found interest in TIV may also be stemming from the fact that the company secured some key financing) over the past few days... to the tune of $1.15 million (enough to keep this oil/gas explorer drilling and digging for a while). While the loan itself isn't a show-stopper, the fact that it came from a Tri-Valley Corporation insider - the Chairman of the Board - is an encouraging of a vote of confidence.
