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Triangle Petroleum Corporation Message Board

  • markschildwachter markschildwachter Jun 15, 2013 11:35 AM Flag

    Still haven't seen the real move

    Certainly not complaining about the 30% run up from the low 5's over the last coupla months, but the bigger move is still to come. TPLM has grown new legs to run on...downspacing...rockpile strong 3rd party Caliper starts contributing. A strong 2nd quarter, signaling strong eps for the year, and conservative under-promising management having to raise guidance in September. It is not hype to see how this could be a $10 stock in 2013.

    I'm still buying here, more each month, and I truly hope it'll stay in the 6's a while longer...feels like the clock is ticking though. Have followed this story for a while, held some for a while, and loaded up over last few months. Can honestly say I have never felt nervous holding TPLM. I guess the rockpile accounting restatement gave me some pause, but not once I understood it.

    Also wanna say how much I like the style of this management team...underpromising...always exceeding... Case in point is the earnings report. How many E and P stocks have you seen the quarterly report emblazoned with headlines and sub-headlines highlighting record earnings or record revenue, or production rates exceeding, rah, rah, rah... TPLM doesn't cheerlead...just keeps eye on the ball, instead touting expense reductions... all while reporting a blow out quarter by any measure. Nice.

0.20-0.01(-4.63%)May 27 4:01 PMEDT