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Re: pennystockpro1 post# 26638

Monday, 02/06/2012 10:11:11 PM

Monday, February 06, 2012 10:11:11 PM

Post# of 116863
Fair enough.
Yes,all stocks, penny, blue, green and yellow chip are based on the future valuation of a company. What I meant by "now" is the reality of current production. Contrary to all TECO press releases the ACTUAL PRODUCTION NOW IS ONLY AROUND 10 BPD. Negligible.

Valuation of companies will vary according to analysts/investors thus creating a supply and demand. A perception based on many factors.

When I accumulated more shares above .010 the company value seemed undervalued based assuming the press releases were credible and reasonable.

Things certainly have changed since then! including the PPS since Belize claiming and affirming the press releases were false and misleading.

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