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Pastimes : Nostradamus: Predictions
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To: Jane Hafker who wrote (462)4/18/1998 11:45:00 AM
From: Larry G.  Read Replies (1) of 1615
 
Jane, Torino oil is a very real company with producing oil about $500,000 a year but presently there share price dropped from $1.00 to 8 cent per share and now 7 cents a share. I bought it at 8 and now at 7 cents. They seem to be a turn around company who have had difficult with there cash flow spending more than they make(in exploration) and trouble raising money. They have a web page. Check it out on stockwatch. As far as recommending, I do not know. I think it is risk capital. I have invested into it. There are lots of stocks that are doing very well. I am looking for home runs. My bread money is in conservative mutual funds. I think TGS-ASE is not going to knock the ball out of the park and I have not put a large part of my portfolio into it. There are a lot of discouraged investors that bought at fifty cents to buck. Torino in in the process of doing a joint venture an other company and their cash flow will go up and hopefully their share price will rise. I guess the big concern is if management can do what they say they are going to do. Time will tell but 7 cents a share is pretty cheap.

Notradamus was very vague and and if you have one hundred people they will give you a hundred different interpretations. I must say I made a mistake, I said Notradamus said to buy Torino at 8 cents a share but now after reading more of his writings I believe he said to buy at 6 or 7 cents a share. I still say my interpretation is as good as the other 99 in the 100.

Larry G
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