Treaty Energy Corp. (fka TECO)

[MightyMac]

I didn't wait for the 2's. When I came to my computer and saw bid 3.6 and ask 3.7 I put in a limit bid for 15,000 at 3.8 and saw VNDM jump to 3.9 ask before Level 2 showed my bid. Then I got filled at 3.8 for 10,000 and 3.8 for another 5,000. There has been a lot less short selling of Treaty on http://otcshortreport.com/ for several days now. Since August 22 only two days have been over 20% and several were less than 10%. Maybe the shorts are seeing that TECO is about to jump like a coiled spring and don't want to get caught with too much uncovered. Those of us who put up for sale a million or more shares at $1.00 or more per share may be having an effect on short selling. VNDM has fast computers that change their ask, but they are not fast enough to respond to a good press release, like when Govt. of Belize confirms commercial quantities of oil in both the TECO wells.