Likes this. An international driller, mostly in South America. Believes the company has been put up for sale so you are at the mercy of whatever the buyers want to do.
Has been short this name from $2 down. He would stay away at this point.
An international drilling services company. Was focused more on Latin America and there has been all kinds of political turmoil. This has been a really tough space. They are now trying to refocus in Africa as well with mixed success.
Has been a difficult stock. A small cap in an environment where small caps are not appreciated. Long term they are attractive in the sense that they have top quality drilling rigs in Latin America. Management team has build companies and sold them to larger companies. One day they could be taken over but they need to grow larger.
Tuscany International Drilling is a OTC stock, trading under the symbol TID-T on the (). It is usually referred to as or TID-T
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0 stock analysts on Stockchase covered Tuscany International Drilling In the last year. It is a trending stock that is worth watching.
On , Tuscany International Drilling (TID-T) stock closed at a price of $.
He would back away from the stock. It is just not doing what it is supposed to do.