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... ...