Whats positive is that the factors are real for the long term numbers just great ...More wells looking good
TAT is back to normal - No buyers. As soon as stock started moving up we were slapped back to reality.
If missing market's estimates didn't bring TAT down than the old news of Jeffrey Mecom's resignation did it.
TAT seems to have full arsenal of screwups up their sleeve to keep us in line. :)
Well milli8675 you are correct in part and off base considerably. Tho I did not mean to appear whining..( or "wine-ing") I can see where it came off as such. Fact is... I was lied to by a person whose word I trursted. And as for your knee-jerk "personal responsibility" comment... if you actually knew me and all I do in the name of responsibility you'd realize what a foolish remark you made. I am always puzzled why some people make personal attacks on others they do not remotely know.
Yes, TAT did better on revenues but, someone needs to explain to them that TAT can not miss earnings estimates quarter after quarter without shareholders taking a hit.
Yeah they move pretty slow on some of this exploration stuff. Selmo is meeting expectations... But need to do something useful with the cash u get from harvesting the selmo assets. Still holding the breath on that... I think market expectations have been met on sales/oil production this quarter.
Swindled... This investment hasn't lived up to anyone's expectations so far unless you jumped into this stock at .77 and have ridden it up. I too am sitting on losses, but my losses today are a lot less than they were a few years ago because I have averaged down. No one swindled you or me. We bought a high risk stock, in a high risk industry, that is operating in a high risk part of the planet. I took the gamble based on past performance, and I did it with hopes of above average returns that haven't materialized yet. Take responsibility for your choices. There is nothing more annoying on this sorry board than the wine bags complaining about being swindled or "Jed" not finding oil. If you were not prepared to lose a substantial amount of your investment before you bought into this stock or this industry you are an idiot. Being 61, you may in fact die before you realize what personal responsibility is. The only thing swindled is reality vs your perception of it.
This is much like a teeter-totter.... in case any of you remember using one as a kid. The only reason I actually remember a teeter-totter is due to the one playground time some kid on the other end waited till my end was up in the air...( and 50 years ago the teetertotters were long ) and the kid would jump off sending my #$%$ to the ground. TAT is like that.