+ Watch TGE
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The Company is engaged in the domestic geophysical services business and primarily conducts seismic surveys and sells gravity data to companies engaged in exploration in the oil and gas industry.
Fundamentals are still poor here. Don't be a victim of other people's bad picks. Just cause the crowd is long this name doesn't mean you should be. I was the first all-star underperform on this name back in the 9's... the business wasn't good then and it isn't good now, but people are like, well 462 outperforms can't be wrong now, can they?they can be and they are... don't mindlessly pick this stock to go up, it isn't going to... TGE is a victim of dogpiling outperform picks, almost no one has the guts to go against the crowd.I fear that dogpiling is harming CAPS ratings of stocks, please weigh in on my CAPS blog here: http://caps.fool.com/Blogs/ViewPost.aspx?bpid=40001&t=01008631960540474609 if you have feelings on the matter.
Getting worse by the minute at TGC... this thing is heading straight down the toilet.
Aside from the increasing receivables and decreasing payables (which don't look too devastating when stacked against growing revenue, growing profit, high ROE and low debt and PCF), I don't see what you're looking at. Can you be more specific?
I'm with FleaBagger - no major red flags went up while looking at the fundamentals. What did you see?I also noticed you've closed your short positions. If this really is headed to the toilet, why bother?
I'm BACK... should be heading to 6, I just sit out the bounces so I can grab the score leader on this dog.
6.09... I don't think this is the bottom, but somewhere down here, maybe 4 or 5, it should bottom out.
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