Replies to post #5191 on Tri-Valley Corp (fka TVLYQ)

[SA12]

Very interesting...

...not the chart, that's ugly (though Jonesie can provide more technical terms) but rather the fact that they're holding an earnings conference call next week. That is, to me, very big news. They're openning themselves up for questioning with no limitations on who can hear their answers. (It'll be interesting to see if they'll block certain people from asking questions.)

I think this is the first time they've done this and in my view is a first step towards credibility. Though they've got a long way to go, transparency is big. More importantly, I doubt they would do this if they didn't have something big to say. Then again, this is TIV with a history of poor management. Perhaps new management is setting the table. Who knows. Either way, I find it very interesting and is perhaps worth a flyer - for the brave.


As always all of the above are just my opinions, no facts are asserted.

[Howardb41]

Tri-Valley Set to Rebound after Yesterday's Selloff of 6.78% (TIV)

Written on Thu, 05/06/2010 - 07:21
By Chip Brian
Tri-Valley (AMEX:TIV) traded in a range yesterday that spanned from a low of $1.06 to a high of $1.17. Yesterday, the shares fell 6.78%, which took the trading range below the 3-day low of $1.12 on volume of 160,000 shares.
Shares of Tri-Valley are currently trading below their 50-day moving average (MA) of $1.66 and below their 200-day MA of $1.84. Look for these MAs to provide resistance for a short-term rebound in the shares.
SmarTrend is bearish on shares of Tri-Valley and our subscribers were alerted to Sell on April 07, 2010 at $1.39. The stock has fallen 20.9% since the alert was issued.
SmarTrend has the shares in a Downtrend and expects the share price to rebound toward the $1.12 resistance level. Afterwards, we expect it to move downward with its peers in the SmarTrend Oil & Gas- Drilling and Exploration industry.

Howard