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Triangle Petroleum Corporation (TPLM) Message Board

  • vangie33331 vangie33331 Nov 2, 2012 8:00 AM Flag

    LOOKS LIKE A BOTTOM

    up from here... the question is how long will this bottom form?

    Sentiment: Buy

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    • Hmmm, hope you are right, but no E&P stocks go up if oil goes down.

      The brief uptick in oil could be attributed to Sandy, and the disruptions. In the past 9 months, oil has bottomed closer to, or below, 80.

      KOG reaffirmed their exit production rate for 2012. RPLM has to have 2 thing to get back over 7.

      First, they need oil at 90+. Then, they need to have a good rept.

      Is their repting date really Dec 10? Why so late? Maybe we get a production progress rept next week? If not then, it won't happen, they will be within the 30 day window of their rept...

      I'm on the sidelines on TPLM, in KOG. Looking at others.

 
TPLM
4.25-0.35(-7.61%)Jul 6 4:02 PMEDT