Treaty Energy Corp. (fka TECO)

[pennystockpro1]

To answer your question as to why the heavy short volume early this week ... Everyone knew the 10-Q was due on 8/15 and would not show any significant revenue. Several times in the past, TECO has dipped immediately after the Q and K filings (sometimes significantly), so many people shorted the stock leading up to the filing in anticipation of a dip. So far, TECO appears to be holding its ground, which is good news for the longs. I imagine we will see some bid whacking later today to try to facilitate a bigger dip. If anyone is looking for entry, I would suggest getting your bid ready.