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Tengasco Inc. Message Board

  • styro90 styro90 Mar 12, 2013 7:45 PM Flag

    Trading this

    I've been in and out of this stock a few times over past 4 yrs and made a few k. I know there have been a core grp of investors on this brd who have been trading around a core position for many yrs and have done pretty well. I've depended on and enjoyed their banter. This current flatline is driving even that core to distraction. I'm tempted to try a little at this time but would like to hear any thoughts/guesses re 3/25 earnings rpt.

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    • Historically this price range has been good support. Seems low risk for a swing trade with an added possibility that they reveal a grand plan for drilling, maybe joint venture, or other significant changes.

      Market has discounted the current price based on no activity and no future. It is up to management to change the current perception.

      I have been adding for the last week. Could be wrong.

      Good luck.

      Sentiment: Strong Buy

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