Post by
Raymondjames on Apr 03, 2017 5:35pm
Shorting tet
I was trying to get on this website earlier when I read that you shorted tet at 4.86. I repeat this is a dangerous stock to short. If a sale or jv gets announced, it will fire up over $8. Cover your short or you may get your head handed to you. The company is cash flow postive and will surpass 24000 barrels per day. You have targets anywhere between $9 to 12. This is a buy here in my view. I loaded up another 40000 in the low 4.60s.
Comment by
oilbully on Apr 04, 2017 7:23pm
Nice: I loaded up at 4.65 (+75,000) shares as well.
Comment by
GoGoGoniko on Apr 08, 2017 2:04am
I'm planning on adding more shorts This is a garbage company and your hope on the JV or buyout is unrealistic as the debt load is just too much. TET has 6million left on the credit facility, I repeat 6M! Dont worry about me, I got plenty other oil names on the long side...SPE BBI CPG GTE FMSA WFT but this is th only one im shorting