If I were you TECO is a good buy here but it looks like it could go to .052 today and with no news under .05 tomorrow. I may have to buy some once it goes under .05. There is just no support and the market makers know that. Sorry to say there just does not look like any news will be coming out soon. Even Texas news may not help if they do not give us daily production numbers and if they are producing only 60 bopd I am not sure that will help the pps. Just being honest and I am very long and heavy on TECO.
I might add if they do not give us daily production numbers then we must think that they are not good. No reason not to give us the numbers.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.