I fancy myself a very long-term investor. My ideal stock is one that I buy and hold for a couple of decades.
I think it is easier to jump on a company with great long-term prospects than it is to try and trade in and out of positions.
But I think TriOil Resources (OTC:TRIAF) is one of those rare instances where an investor can make a pretty good gain in the next few days.
Of course that begs a question. And that question is why?
Last week TriOil announced its second quarter 2013 earnings. Included in that release was this paragraph:
UPDATE ON STRATEGIC PROCESS
On July 3, 2013 TriOil announced that it had entered into exclusive
Only subscribers can access this article, which is part of the PRO research library covering 3,570 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: