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Gold/Mining/Energy : Teton Petroleum (TTPT) -- Russian Oil

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To: Bread Upon The Water who wrote (77)4/22/2003 10:17:56 PM
From: Ed Ajootian   of 115
 
Any Teton fans left in this joint?

Teton shareholders approved a 1:12 reverse split recently. Given that oil prices have softened since March I now believe we will see a post-split dip in Teton's stock price.

I am so sure of this that I have sold almost all of my free-trading stock and plan to buy it back cheaper after the reverse is announced. That is, IF its announced.

The AMEX application was filed about 3.5 months ago, which should have been more than enough time for even the bureaucrats at the AMEX to act upon. I remember another company I once had a big position in, Panaco, was able to get on the AMEX in just a coupla months after they applied.

So the point here is the company should be learning very soon whether its thumbs up or thumbs down, and I believe in either case the stock price will be lower from the current quote once the news is announced. So I'm on the sidelines and plan to wait a day or two after the reverse has been announced, and then when I can see the whites of their eyes I'm gonna start buying like crazy. All the big boys are gonna be standin' on the side of the pool lookin' cool, waiting for it to dip further, and I'll just be sneakin' in the back door before they find out what hit 'em.

I truly suggest that folks blow out all the TTPT stock they can right now, I am almost certain you will be able to get back in for less later.
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