SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Teton Petroleum (TTPT) -- Russian Oil -- Ignore unavailable to you. Want to Upgrade?


To: forecaster who wrote (13)3/31/2002 2:08:00 PM
From: Crossy  Read Replies (2) | Respond to of 115
 
Forecaster,
I don't have a crystal ball but I prefer to invest in stocks where you have an undervalued situation acc. to FA. If TA is also right, then you got a good timing..

We should take into account those warrants that need to convert at $0.41. Once that happened the arbitrage opportunity and the conversion overhang will be gone and TTPT could move way higher..

I learnt in the past that FA is a focal point on the "ultimate value" of a company, sort of a mark that a stock converges to. I don't see the exact timing from this sort of analysis. Just to have the market forces on my side..

TA wise TTPT is also consolidating. Call it a "pennant" pattern... Stay tuned..

rgrds
CROSSY



To: forecaster who wrote (13)3/31/2002 5:04:02 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 115
 
Forecaster, For an organic experience you may want to try the "home gardening" thread!

But if you're ready to make some serious coin and have at least a 2 month time horizon, I would strongly suggest you take a close look at TTPT with a view toward buying at least your opening position next week.

The reason I say 2 months is that the stock may not make any really big moves until they announce 1Q results. Their production did not really ramp up until late 4Q or even early 1Q, so 4Q numbers will likely fail to impress anyone in a big way. But 1Q numbers, when taken in conjunction with the rise in oil prices that has occurred during the latter half of 1Q, will turn some heads.

The one positive thing that will be coming out with the 4Q report will be the SEC PV10 value of the proved reserves. This could make some people take notice.

Of course all of the above gets thrown out if and when they really do decide to do a financing. At that point, folks will realize that the investors in the private placement will have in effect done us all a huge favor since they will have done all of our due diligence for us, and the company obviously passed the test. So the big money will resume its massive buying of the stock.

About the warrants, yes, there are about 7 M warrants out, with about 6 M of them carrying a strike price of either $.40 or $.41. But only .3 M of these are exercisable before '03, so I don't see these causing a drag on the stock price for quite awhile. At $.60 you are not getting diluted out that much by the warrants. Now, if you wait till the stock goes to $.80 and then buy, maybe its time to worry about the warrants.

I see that you are a big HHLF fan. This one will hopefully avoid taking the roller coaster ride that HHLF did, nearly going bankrupt in '99 and then exploding up in value this year. Instead, this one should just chug along, slowly but surely grinding its way to a quadrupling or maybe even quintupling of value over the next 2-3 years or so, as it drills out its current field and also starts working on other fields in Russia.

The only reason I am suggesting you buy at least an opening position next week is that the company is poised to go on a European road trip to hype the stock later in April. It would obviously be advisable to buy prior to this hype show. Also, they could decide to accept a financing deal at any time, the announcement of which would obviously power up the stock.

A very happy Easter to all applicable!