Comments on: “$6 Canadian Oil Stock to $12 by Friday”

By: Deb

Deb — Sun, 22 Jun 2008 21:23:02 +0000

Hello all…….just checked google Finance on this one
http://finance.google.com/finance?client=ob&q=AMEX:GTE

Was upgraded to a buy by analysts and will be included in the Russel 3000 when its reconfigured at the end of the month.

I will probably buy this on Monday speculatively and place a stop loss just to Cover my A$$. Coverage has been decent lately.

By: Max Value

Max Value — Sun, 22 Jun 2008 11:32:39 +0000

Just for the record, 20th June GTE day’s range 7.01 – 7.90.

By: StockGumshoe

StockGumshoe — Wed, 18 Jun 2008 11:36:51 +0000

Louis is still pushing this one — email today says it’s now the “last chance” and that the shares should hit $12 by Friday the 20th (yes, for those counting at home, that’s three days … including today). It has done very well so far, a 25-30% return in just a week or two, which is another reason people won’t ask for money back just because it might not hit the actual teased return … still has to go up 50% from here to hit $12.

By: StockGumshoe

StockGumshoe — Sun, 15 Jun 2008 00:46:09 +0000

Thanks Kurt — it sure is getting a lot of attention this year, interesting prospects. Thanks for the comment, and for reading.

By: Kurt

Kurt — Sun, 15 Jun 2008 00:42:29 +0000

Hi StockGumshoe! Long time reader but wanted to comment on GTE.

I do like Louis but I agree he was a little late on this one. I bought it back in 2006 to see it dip down into the $1-$2 range. I still held onto it and bought more since it was Gran Tierra’s management and business strategy that I was impressed with and knew it was a matter of time for it to turn around.

It recently appeared on the AMEX which I think has helped provide some of the Wall Street limelight. Even Jim Cramer’s recommendation back around $4 did give it a nice boast!

I did take some off the table to lock profits but who knows if there will be another good pullback soon.

Thanks again,
-Kurt