Stockchase Opinions

Paul VanEeden Transatlantic Petroleum Corp. (U) TNP-T PAST TOP PICK Jan 16, 2007

(A Top Pick Aug 16/06. Down 31.4%.) A very volatile stock. Trades between $.70 and $1.20. Good buy at this price range. They have a project where oil was pumped out and a gas cap was left. They are trying to drill a new well to test the gas cap theory. If successful, they will do extremely well. High risk.
$0.830

Stock price when the opinion was issued

oil gas
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TOP PICK
Bought property from Amoco last year. This was an oil reservoir and the hypothesis is that it has a very large gas cap. Hopefully, this year, they will be able to sink a well and test the theory. They also have other interesting projects.
SELL
A clear Sell. Wouldn't Short. Making new lows pretty much every day since April. Volume has completely dried up.