I mean the solution looks like print/inflation instead of default/hard landing in Greece. So that will help the general market and oil/gas price, that's why you see oil briefly touched $100 again this morning.
I view TAT as a multiple year call option on MM's ability to run the company. The annoying part about TAT is there are HFT in trading the stock, trying to steal from the long term investors.
By "the problem in Europe," specifically what do you mean? Do you mean Greece? Spain? Italy? Portugal? Ireland? Even German and, certainly, French banks may not be as healthy as they pretend to be given their extreme reaction to Basel-III stress test requirements (http://www.ft.com/cms/s/0/64be1510-f576-11e0-94b1-00144feab49a.html#axzz1lnZMkRGz). We will see bailout after bailout in Europe and the FOREX traders know that. That's why they're playing the currency chop like a violin. The Euro is strengthening on short term manipulation, not long term fundamental fixes. All this crap in Europe and the US has nothing to do with any real austerity. It's just a bunch of political gasbags doing everything they can to push these huge problems down the road to their successors.
Apart from that, I am having a lot of trouble understanding your logic? How will any of this cause TAT to move back to $.70? And why would you place limits to buy at $1.41 if you think it's going to trade at half that level shortly?
Euro breaks new high against USD sets in January, which causes a big sentiment shift toward euro. More likely the problem in Europe will be solved. That will help oil/gas in Europe. So it make sense to slowly bid for TAT, I still hope it could go back to $0.70 ....
my target is 1.76 with bullish flag intact. it is holding well at 200 dma plus pps is above 20, 50 dma, not at overbought condition. lets see how it plays out. crude is regaining strength to move up and may have with the current bull flag formation. stop loss if close below 200 dma.