3SOF

ran across TGC on one of my scans.. 50/200 cross coming up.. ALL indicators bullish.. volume spike.. looks ready to run to 52 wk high and beyond..

I've been watching this one for a while at around $.23 - .25, should have bought then.  Finally, bought some at close on Friday.  Market cap is still reasonable low.  We can expect volume to increase to 1MM/shares per day.  I'm sure this will be getting a lot of attention.

Good luck,
poorman1

Been holding this for a while, finally huge volume and up 40%.

This may be one of those small-cap oil stocks which doubles in a few days.

I certainly hope so.  I don't have TA on this, but the market cap is reasonably low in comarison to it's peers.

poorman1

with the huge volume today at 3 million, more than 16 times with the average volume, i think TGC will make new high in the coming days or possibly tomorrow... ;)

I decided to continue to hold into Friday morning, at least.  This could have another huge day.

poorman1

Another touchdown!! Fresh 52week high for TGC over 21% for today with the highest volume EVER for this stock ... Something is cooking here and it is really HOT, in other words TGC is ONFIRE.

No doubt TGC will closed the GAP pretty soon...Hey Poorman, i think we're the only one in here...

happy trading!!

good find folks. will look into this one. it has momentum certainly.

Thanks Catrader, i hope you're in the boat... ;)

do you have taget or just go wth momentum?  Would you say you are fundamental or technical analyst or both?  How do you do graphs?  looks nice!

I forgot I had a limit order out there for $.59.  I guess I'm out for now.

I don't know what this thing is going to do, but it looks very strong.

I'm converting a lot of my rallying stocks to cash, because I am anticipating another October correction/crash.  Many analysts think this weeks rally is simply window-dressing.

poorman1

Nice volume, up 14% today..

I added back half of my original position @ $.56 after seeing this stocks amazing resilience.

I expect bigger things over the course of this week.

poorman1

You did the right thing poorman... just look at the volume of the chart there is something big coming... this baby is coming up to close the GAP i believe... ;)

Ran across this one last night while looking at some charts.
I totally missed the thread on this....didn't see it ::)

Nice move out of the Ascending Triangle........

Nice trading guys ....APPLAUD... ;)

Quote from: Terlisa on October 03, 2005, 11:59:45 PM
just look at the volume of the chart there is something big coming... this baby is coming up to close the GAP i believe... ;)

41%  ;) very good session for TGC, we got white marubuzo landed there & another 52week high.. with the action today, i don't think TGC will stop from here.. i'm expecting a great day tomorrow.......but remember TGC is already up 116% since the last five sessions ;)

While other Natural gas and oil stocks are down, this one is Up ! Looking to to pass $1 this week with BIG volume !

TGC pushed up 11% today, that makes over 130% in seven sessions...not bad to take profit from here... but i firmly believe TGC will push up to $1.30  ;) happy trading

MACD bottomed turning north, Stochastic turning up coming out of oversold.
Back above the 50-day EMA

Support @ 0.48...0.45...0.35
Resistance @ 0.53...0.56...0.62...0.88
MACD is neutral
Stochastic is bullish


Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
6.43%above 13-day EMA
11.24%above 50-day EMA
RS Rating: 99 

Fundamentals
Earnings Expected on Nov 21

Key Data:
Market Cap (M): $13.58 

Hi,

good stock to buy...

Buy at about 0.500
stop loss at about 0.390

Signal : Triangle breakout on good volume

Big gap up this morning....


TENGASCO INC (AMEX:TGC) Delayed quote data 

Last Trade: 0.81
Trade Time: 9:49AM ET
Change:  0.18 (28.57%)
Prev Close: 0.63
Open: 0.90
Bid: N/A
Ask: N/A
1y Target Est: N/A

  Day's Range: 0.77 - 0.90
52wk Range: 0.13 - 0.99
Volume: 1,664,600
Avg Vol (3m): 446,348
Market Cap: 47.38M
P/E (ttm): 115.71
EPS (ttm): 0.01
Div & Yield: N/A (N/A)

Symmetrical Triangle (continuation) Pattern....Breakout!

• Tengasco Announces Record Fourth Quarter 2005 and Record Year-End 2005 Results and Reports 2005 Results of Operations

Technicals
Percentage Gainer

Last Price Quote is:
18.61%above 13-day EMA
25.38%above 50-day EMA
RS Rating: 97 

Fundamentals
Reports Earnings

Key Data:
Market Cap (M): $13.58 

Press Release Source: Tengasco, Inc.


Tengasco Announces Record Fourth Quarter 2005 and Record Year-End 2005 Results and Reports 2005 Results of Operations
Monday March 20, 3:07 pm ET


KNOXVILLE, Tenn.--(BUSINESS WIRE)--March 20, 2006--Tengasco, Inc. (AMEX:TGC - News) announced today that it has filed with the Securities and Exchange Commission its Annual Report on Form 10-K for the year ending December 31, 2005.


For 2005, the Company reported a net income to holders of common stock of $1,088,028 or $0.02 per share in 2005 compared to a net loss of $1,994,025 ($0.05 per share) in 2004 and to a net loss of $3,451,580 ($0.29 per share) in 2003.

In the fourth quarter of 2005, Tengasco produced record net income of $977,138, on quarterly revenues of $2,250,172. This was achieved primarily from the Company's highest oil production volumes in Kansas in any quarter since 1997 and high levels of commodity pricing in the world oil market. Increased oil production was the result of both the Company's retained interests in new wells drilled in the Company's ongoing eight- and twelve-well drilling programs in Kansas and the polymer workovers on the Company's existing wells in which the Company owns the entire working interest. The Company's total oil production was 139,583 barrels in 2005 compared to 129,216 in 2004 and was the highest annual production total since 1998.

Tengasco reported that its proved reserves of oil and gas at December 31, 2005 were 2,167,833 barrels of oil equivalent (BOE), down ten percent from 2,414,500 BOE at December 31, 2004. However, net of revisions resulting primarily from the sale of 481,000 BOE of proved reserves at its Kansas gas properties in Rush County, Kansas in the first quarter of 2005, the Company added approximately 284,000 BOE of proved reserves primarily from extensions, workovers and additions in 2005, replacing 163 percent of the Company's 2005 production.

Oil comprised approximately 63 percent of the Company's total year-end 2005 proved reserves, and 75 percent of total year-end reserves were attributable to proved developed wells. Proven oil reserves as standalone reserves increased from 1,090,000 barrels in 2004, to 1,374,463 barrels in 2005. This is a 26% increase in proven oil reserves and a 204% replacement of actual oil production in 2005.

Jeffrey R. Bailey, Chief Executive Officer stated: "The year 2005 ended with Tengasco having record profits, record net income, record EBITDA, and record revenues. The Company increased its oil production in 2005 and that, coupled with higher oil prices led to single year record revenue of $7,172,876 which is 17.4% higher than revenues in 2004. Combined with our balance sheet improvements which reduced interest and operating costs, the Company's increased oil production resulted in record net income of $1,088,028 in 2005."

Mr. Bailey continued: "2005 was truly a breakout year as our turnaround strategy paid off with a positive swing in annual net income of over $3 million in 2005 from 2004 levels. Quarterly performances improved sequentially in every quarter of 2005 as we increased production and continued to build a strong foundation for the future. As we operate from a strengthened foundation based on our long-lived reserves, and focus efforts to increase our reserve base, we will transition from a turnaround strategy that has served us well, to a more growth oriented strategy in 2006. We ended calendar 2005 with the last preferred stockholder exchanging his preferred stock for cash, thereby completing the process we began a year before of retiring all of the Company's outstanding preferred stock and secured debt. We now anticipate finishing all drilling programs as quickly as possible in 2006, and growing the Company' reserves and lease acreage positions throughout the coming year."

The statements contained in this release that are not purely historical are forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include statements regarding "expectations," "anticipations," "intentions," "beliefs," or "strategies" regarding the future. Forward-looking statements also include statements regarding revenue, margins, expenses, and earnings analysis for 2006 and thereafter; oil and gas prices; reserve calculation and valuation; exploration activities; development expenditures; costs of regulatory compliance; environmental matters; technological developments; future products or product development; the Company's products and distribution development strategies; potential acquisitions or strategic alliances; and liquidity and anticipated cash needs and availability. The Company's actual results could differ materially from the forward-looking statements.

Contact:
Tengasco, Inc., Knoxville
Jeffrey R. Bailey, 865-675-1554

--------------------------------------------------------------------------------
Source: Tengasco, Inc.

Back in the radar Again... Smokin' TGC!!

Profile:
Tengasco, Inc. engages in the exploration, production, and transportation of oil and natural gas in Tennessee and Kansas. It also leases producing and nonproducing properties for exploration and development.

This is mainly a technical pick for short term / speculative position trading.
Risk: High

Technical Analysis:

Short Term:
TGC is riding an interesting ride for a while, yesterday TGC broke out of an important psychological / technical level: $1.00. This breakout was made with volume 5 times the average, and taking in consideration this is a highly speculative stock, we can have a good timing opportunity here, since a simple projection of this breakout would be no less than $1.60/$2.00 short term.

Short Term Chart:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=18303;image)

Long Term:
TGC made a rounded bottom pattern in the last 2 years; the recent breakout gives room for a great move. Anyway, we are not looking to the long term here.
We may also notice $1.26 as a resistance, and the only obstacle for this trade.

Long Term Chart:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=18304;image)

Fundamentals:
TGC is finally posting some good numbers after a long time in the red:
- Tengasco Announces Record Fourth Quarter 2005 and Record Year-End 2005 Results and Reports 2005 Results of Operations (http://biz.yahoo.com/bw/060320/20060320005966.html?.v=1)

The Earnings Trend is turning positive:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=18305;image)

Revenues have also a positive trend:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=18306;image)

Trading Plan:
We are going to buy TGC at or near the open, at a maximum price of $1.20, and our stop for this trade will be $0.90.

Best regards,



.

Yes this one been nice. I put a measured move on it for a cup and handle at $1.50 - base at 0.38 to break out at 0.94 is 56 = 0.94 + 0.56 = $1.50. That does not mean it cannot go higher but the standard play.

It is good to play these at brake out instead of after or for more risk of course maybe before.

So here is a similar cup and handle pattern also in energy so you see it in advance.

OMNI  http://tinyurl.com/m3mne

It may take some time to set up  as it is extended now but so you have it on your list. You may notice that TGC tried a break and then pulled back to the 9-day - a favorite place to buy..  http://tinyurl.com/lpokq

So watch OMNI so a future set up. I find it much less risk to buy after a lower volume pullback to support as TGC just gained 40% that way.

We have the end of the month buying spree underway so likely the broad market will continue a bit.

If you like to break break outs then one way is to get in at the break or the first pullback after that often happens s couple of minutes after. Just look for stronger then normal volume to lower risk. There are a ton of break out setups now and some will work and some not but just wait for them. Another example is  AIRN  http://tinyurl.com/gqvnk

Hi Metro,

Good to see you back (must be the only one whom did not say so  ;))

Little confused with your respons to this play. Do you or do you not like it?

I do like it but ask wether the gap should not be closed first  ??? Or have I always misunderstood that phrase  :-[ and should that only take place with a break away gap. Would be very happy if one of you could fill me in.

Thanks in advance,
Amarens

Bought at the open at 1.15

Hi Amarens,

Thanks... yes I do like this one as it has great pattern in good sector. I only said that is is good to watch them a bit before the break out so you can catch a bit more but of corse you cannot catch them all. AIRN though posted here did break out today  but has not run much yet.

Gold and silvers have really been good but somewhat selective though easy to spot decent charts. The sector should be good a long time but short term at leat a month. SOme are gettgn extended as and after todays move. Here is a brief list of some and yo can see they are all up.

http://tinyurl.com/j6p4u

These stocks IMO for shorter term are best bought on pullbacks as gold is in a multi year bull market so the big money is just to hold but for trading sell on big moves and wait for pullbacks. I think you should hold several metal - Palladium like PAL and SWC and Uranium like URIS - copper etc. You miss a lot of big gains if you are not holding these.

Wow! Fast sell off in a matter of seconds. It filled the gaps which was expected. I got to place the order at 1.14. ::). Now let's run!! >:D

Not a completely strange session for TGC today... As stated in our first post:
«We may also notice $1.26 as a resistance, and the only obstacle for this trade.»

TGC opened with a small gap up, and rapidly went up to the $1.26 resistance, after that, a lot of selling pressure took place, giving room to fill the morning gap and even bringing TGC near a dollar. That was the first test to that resistance in two years.

Probably TGC needs a few days to consolidate this breakout before it's ready for the expected jump (or maybe not). Our trading plan will be:
Hold TGC with a stop @ $0.90 and limit sell order @ $1.60

Regards,

I am seeing TGC stumbling upon the target of a short-term ascending triangle, is this right?
(.94 - .50=.44 + .94=1.38, the HOD so far is 1.39)
I think I will lock profits and re-enter once it breaks 1.39; the risk is I might end-up missing the final run-off to 1.50-1.60.

Also rocking today TGC

Great run for TGC today ;) what a beautiful big white candle !

From a short term perspective it is very difficult to measure these moves, especially after such a great run... But if we look to the long term chart (second attachment on this post), we can clearly see the signs, and it's easy to imagine TGC a few bags ahead of current price on the long run time frame.

Anyway, and as stated on our first post, we are not trading TGC for the long run ;)

For short term TGC didn't confirm any weakness yet, and momentum is getting hot... We expect a gap up tomorrow, and the opportunities to fill our limit sell order at $1.60, although $1.60 is just a simple projection ($0.99-$0.38= $0.61 and $0.99 + $0.61 = $1.60, being $0.38 the December low, and $0.99 the October's high and breakout level), a projection is not a sell signal, is just a reasonable number to expect from a move on a technical point of view.
Speculative moves like this one tend to exceed any reasonable technical target (always with high retracement risks), so we would not be surprised to watch TGC trading above $2 short term.

Our plan will be the same, just updating our stop level to our entry price to lock our risk on this trade:
Hold TGC with a stop @ $1.15 and a limit sell order @ $1.60

Best regards !

I set my stop a little lower at $ 1,55 (learning from the Nich experience ;) where we were just not stopped out and saw it go down losing profits :'(.) and I was stopped out since that was the high of the day. 33% profit in a couple of day's very happy  ::) ::).

Thanks for a great tip and good luck to those still holding!! I hope it goes over $ 2,-

Amarens

what happened here. I didn't see any pr? All of a sudden it dropped like 10% after being up %5. Anyone see anything, or is this stock just that volatile?

Ramsburg,

Just for the record  ;) I don't do intraday trading. I found that one of the most realxing advices David gave. Plan before opening, execute and look half an hour before close. I really just followed instructions placing a limit sell order. Just not at $ 1,60 but a little lower at $ 1,55 b/c that looked saver to me after the NICH experience. I got luckey yesterday  ;D.

Might consider entering again today. Will keep the community here updated if I do  ;)

I'll keep my fingers crossed voor 3SOF it will turn to the positive again today. I would probably lower my limit sell order to the high of the day from yesterday  ;) ;) ;) But I'm just learning  :-[ :-[

Good luck,
Amarens

It hit the measured move to 1.50 and was a 59% gain so very nice trade

Remeber to check the 22 gold stocks as each day some are going. VGZ added more and GOLD also - then yesterday AUY and DEZ broke out. All the charts are clear.  http://tinyurl.com/s52tc

That was scary! At 3:21 TGC got within 2 cents of the stop loss.

I want to make some money on this one.

sold @1.15...  :( That's a pitty considering it already touched 1.55...

for what it's worth, I just bought today for the first time.

Hope you the best of luck :)

Quote from: netfishmademerich on April 06, 2006, 11:19:25 AM
for what it's worth, I just bought today for the first time.

Quote from: netfishmademerich on April 06, 2006, 11:19:25 AM
for what it's worth, I just bought today for the first time.

$1.10 is 9-ema support. If it can hold, the up-momentum is still inact.

Stopped out at 1.13-1.14

Nice run...now retreating back to retest support. I like this trade with an entry anywhere from .97-1.02

Plan - Entry .97-1.02
Stop .87

My chart below...50 day moving average also projects to about .95 which should provide additional support.

I stopped out at 1.15 as well.

Will keep it radared however to see if the 9 EMA holds  ;)

Oops!  I didn't sell since I just bought in today.  I will sell if it does not go up tomorrow.

Quote from: DannyOhad on April 06, 2006, 11:13:10 AM
sold @1.15...  :( That's a pitty considering it already touched 1.55...

Yep.... really a bad beat...  :-\

We'll keep it on radar.

An article on TGC and other small oil exploration companies:

http://financialnonsense.blogspot.com/2006/04/couple-2-oil-exploration-companies.html

Bouncing up after the pull back with good volume.
Back above the 13-day EMA
Little downside, great upside,good support..... picked up at the $1.00

Volume: 2,564,900
Avg Vol (3m): 853,554

Technicals
Close Above the 13-day EMA
Most Actives
Percentage Gainer

Last Price Quote is:
11.25%above 13-day EMA
38.59%above 50-day EMA
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $13.58 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

It's heating up!!!

picked up 10k @ 1.23

it looks like it is about explode, strong volume with great up ticks....

It's heating up!
Had to buy 10k for up coming run.
Daily chart looks great. >:D

In yesterday at 1.2.   Let's see :D

Insider purchase on April 11th and filed on April 12th.
Boguth 25,000 shares between 1.12 and 1.14

http://www.sec.gov/Archives/edgar/data/1001614/000100161406000012/xslF345X02/april12_johncex.xml

I can smell green on this stock with heavy accumulation.
The hurricane season is not even near and gas prices are around $3.00/gallon at gas stations.
TGC just reported strong earnings and that trend will continue on up coming earnings.
With only 37mil shares floating, this will take off very fast.

Picked up some shares again this morning... looks like TGC wants another 52 week high ;)

I chose TGC for the next contest pick :) lets see how she plays out. Unless i find something more attractive over the weekend.

I plan on buying for my real portfolio either if pps bounces off of support or has a breakout of the symmetrical triangle.

Good luck to everyone on the contest!!

-fous

Quote from: Terlisa on April 17, 2006, 02:43:28 PM
Picked up some shares again this morning... looks like TGC wants another 52 week high ;)

Ohh yeah.... I think she will  ;)    3 traders picked TGC for the contest, ROCK ON!!!

Quote from: Terlisa on April 24, 2006, 12:46:24 PM
Ohh yeah.... I think she will  ;)    3 traders picked TGC for the contest, ROCK ON!!!

Yeeee hah, Picked up some this morning as well. Great way to kick start the contest  >:D

-fous

Yahoooooooooooooooo.................. TGC just printed new high @ 1.58 ...market will close in 4 minutes

Kiss me I'm a TGC millionairre!!!

Quote from: setravis on April 11, 2006, 07:10:00 PM
Bouncing up after the pull back with good volume.
Back above the 13-day EMA
Little downside, great upside,good support..... picked up at the $1.00

Should benefit from increased oil production,Profitable oil & gas in Kansas
Company produced more oil from its Kansas properties both in a single month and in a calendar quarter than it produced in any similar period since 1997.

Volume: 3,445,600
Avg Vol (3m): 952,721

Technicals
Record Price High
Most Actives
Percentage Gainer

Last Price Quote is:
28.10%above 13-day EMA
60.18%above 50-day EMA
RS Rating: 99 

Quote from: Terlisa on April 17, 2006, 02:43:28 PM
Picked up some shares again this morning... looks like TGC wants another 52 week high ;)

I'm out .... I'm just happy with 45% ;) :D

is TGC ready for another run up?

TGC is on fire!

yes !!!! its going to the highs again next week !

I think we are ready for lift off on this stock. Shares of TGC soared 22.83% or 29 cents to $1.56 per share. The technical chart shows the stock has the chance to go back to bull market again as MACD is getting closer to 0 while K line in on top of D line indicating buy signal. In addition the long term trend is turning positive as the stock is back above 50 day moving average as both 50 day and 200 day moving averages are still going up.

Recent CandleStick Analysis
Very Bullish
Jun-02-2006 Bullish Engulfing
Today's Candlestick Patterns:
White Marubozu
Today a White Marubozu was formed. This shows that the buyers controlled the price action from the first trade to the last trade
The White Marubozu is a single candlestick pattern characterized with a long white body having no shadows on either end. It is an extremely strong bullish candlestick pattern.

Support @ $1.49...1.38...1.25
Resistance @ $1.61...1.83...1.97

Volume: 1,806,100
Avg Vol (3m): 1,381,460

Technicals
Close Above the 50-day EMA
Close Above the 13-day EMA
Most Actives
Percentage Gainer

Last Price Quote is:
14.60%above 13-day EMA
18.27%above 50-day EMA
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $13.58 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

Support at the ascending trendline didn't hold last week but the stock recovered Friday on weak volume.  Any opinions, both long and short term.  My portfolio and I need all the help we can get. 

looks like TGC is back in bullish mode.

1.) the downtrend line from the peak in May was broken yesterday, with a confirmation day today on high volume

2.) RSI, MACD an stochastics all show an uptrend in the making

3.) First resistance is the $1.67 top from back in June

4.) broke the 50 DMA today, and closed right at it.

5.) Volume picking back up very nicely.

My position: Long at $1.40 starting today.

Trading Idea:
TGC had a great rally earlier this year, and is now consolidating inside a big symmetrical triangle pattern. There is no momentum alert so far, but TGC is now testing the support level, giving us a nice risk / reward risk taking in consideration that we want to hold a oil related stock on 3SOF right now.
So instead of buying a breakout we are now buying a support, taking just the risk of a breakdown but using a tight stop for this trade.

Trading Plan:
We'll buy TGC today at or near the open and then set a stop @ $1.05

It was a great day for the market overall today, but oil has started trading below some technical support levels according to CNBC so maybe that attributed to this stock not closing green today.  But wasnt this also a silver play somehow too? 

QuoteIt was a great day for the market overall today, but oil has started trading below some technical support levels according to CNBC so maybe that attributed to this stock not closing green today.  But wasnt this also a silver play somehow too? 

Hi tokyopua,
Yes, Crude has dropped almost 2% yesterday and that didn't helped TGC at all.

Update:
TGC is still trading at the ascending support line, the last relative low was $1.09 and our stop level is based at $1.05. Let's wait...

Trading Plan:
Hold TGC with a stop @ $1.05

Did your stop trigger or is the stop only for the closing price?

The stop was not for the close only. Mine triggered at 1.05, sold at 1.04.

Another one bites the dust!

Speculative play, tight stop, small loss.

Quote from: Maestro on August 18, 2006, 10:29:42 AM
The stop was not for the close only. Mine triggered at 1.05, sold at 1.04.

Another one bites the dust!

Yes, I sold also, the instructions were sell on a print of 1.05.  It was just bad timing to buy oil stocks though it made sense at the time.

That's what I thought, just wanted to clarify.  I'm in small so I'll be daring and hope the support at 1.01 holds.  My stop is set at a buck.

Just to confirm: position was closed today @ $1.05

bad timing for this one  :(

In at 1.10, out at 1.16 for a small profit.  I just didn't want to see even a small win slip away. I'll be watching this one if it retests 1.00.

oil is at bottom i think

in at 0.77

On Watch, will enter if price stays above 50sma (daily chart)... I believe oil index will make a rebound by the end of november... IMHO


Tecnicals:
---- Price back above 50sma
---- Bounced off from trendline (weekly chart)
---- Weekly Histogram tracing up

Tengasco Reports Erroneous Third Party Indication of Date of Earnings and Announces Date of Earnings Announcement of November 10, 2006

Up over 5% ;)

Nice call.  I will join you on this one. ;D

Looking for volume to kick in soon.  Energy is probably the best with the market turning downward> ;)

I love this chart set up..even if the 50dma is still pointing slightly downward.   ;D

TGC closed over 13%, I did not get in yet I think its better to wait after the earnings announcement ;)

Quote from: kslifka on November 03, 2006, 01:52:28 PM
I love this chart set up..even if the 50dma is still pointing slightly downward.   ;D

The 50sma crossed below 200sma & 200ema in the beginning of october but now the price is above 50sma for me that is the first sign of reversal ;)

Increasing volume again today.   ;DCome on TGC break that 200sma at 1.06.

Earnings report coming up November 10th.

TGC has bottomed at .63 and is starting to make a move. It looks like a golden cross is about to form. TGC earnings are coming up which should be very very good. TGC has always run up toward earnings so I expect a .10 gain in 2-3 week period. If oil keeps going up the way it is TGC will lock in huge profits. Keep it on the radar.

TGC recently has cleaned up the balance sheet and now owns 100% working interest in there wells which they didn't have before. Last quarter oil was 20% cheaper so that should show up nicely as well this quarter. Also last quarter TGC took a beating because of the poor quarter. There were severe storms that knocked out power to some wells for a couple of months. Now that the weather has been nice this should be a record quarter for TGC.

Earnings are November 7th but the company has until the 14th to file.  TGC hasn't moved while oil continues to climb.  Management is constantly increasing output every quarter.  TGC has recently double bottomed and now is trading above the 200 day moving average and it looks like a golden cross is in the near future.  A couple of years ago TGC was $2.00 when oil was $70.00.  This stock can't be a sleeper forever.  I think the street will finally give the recognition it deserves on this earnings report.  With oil this high we could see a 3 bagger depending on forward guidance.

Oil is +77% from January's weekly closing lows in the $53 range.

TGC is +0% over the same time period.

This earnings report will be huge! Buy hand over fist before its to late.

TGC is holding above the 200 day moving average and should continue to move up into earnings. Good earnings will solidify that golden cross. I'm looking for a triple.

Has anybody bought this or going to? Is anybody reading this? Earnings are supposed to be tomorrow but they have until the 14th to file. I have a feeling its going to be a blow out. Notice the volume picking up.

I'm guessing they will be very close to earning $0.02 this quarter. If not this quarter then next for sure. Lets say the EPS for '08 is $0.08. With a PE ratio of 20, which is very conservative, thats a stock price of $1.60. Again this is a conservative estimate because I'm assuiming no growth and a historically low PE ratio.

HOLY SHIT!!! TGC just blew out numbers! I was expecting $0.01 and its $0.03.

That's a yearly EPS of $0.12 with a PE of 20 that's a $2.40 stock price!!!

Again this is a conservative estimate because historically TGC has had a higher PE ratio and I'm not taking into effect future growth.  $95 oil wasn't realized in this quarter and will take into account next quarter.

more investigation and there was a one time gain. actual EPS would have been .01  :-\

just thought i would let you guys know if anyone is reading this

Press Release Source: Tengasco, Inc.


Tengasco Performance Reported in Oil & Gas Financial Journal
Wednesday May 21, 11:28 am ET


KNOXVILLE, TN--(MARKET WIRE)--May 21, 2008 -- Tengasco, Inc. (AMEX:TGC - News)
The May 2008 issue of the publication Oil & Gas Financial Journal reporting on the performance of public oil and gas companies lists Tengasco as the 12th fastest growing oil and gas company, 5th best in percentage return on total assets, and 6th best in return on total revenue percentage based upon the measures used by the magazine. You can obtain a copy of this article at:

http://www.ogfj.com/display_article/328071/82/ARTCL/none/none/1/4Q07-earnings,-revenues-see-substantial-increases/

 
Jeffrey R. Bailey, Chief Executive Officer of the Company, said, "It is extremely gratifying for the efforts of Tengasco to be recognized in several critical categories of growth in an industry publication like the Oil & Gas Financial Journal. For Tengasco to be named as a leader in three separate categories of the 144 public companies covered by the article is a strong vote of confidence in the direction and management model that is serving us well. While the oil and gas industry has certainly received a benefit from higher commodity prices, measures like those described in this article tend to be more a reflection of efforts generated by the Company's actions and the efforts of its employees, and the subsequent results of those actions and efforts, and therefore are received on behalf of Tengasco with great pride."

Tengasco also wishes to remind shareholders of the Company's upcoming annual meeting of stockholders, to be held at the Hilton Homewood Suites in Knoxville, Tennessee on June 2, 2008 at 9:00 am (Eastern Daylight Savings Time).

Forward-looking statements made in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risk and uncertainties which may cause actual results to differ from anticipated results, including risks associated with the timing and development of the Company's reserves and projects as well as risks of downturns in economic conditions generally, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.



Contact:
     Contact:
     Tengasco, Inc.
     Jeffrey R. Bailey
     CEO
     865-675-1554
     


--------------------------------------------------------------------------------
Source: Tengasco, Inc.

very interesting chart today so far  >:D

 TGC: Volume Spike; 11% > 20-adsv, Stock +13.39%
Tuesday , June 03, 2008 10:50ET

This is the 1st VOLUME alert for TGC in the past 7 calendar days.

Trading for Tengasco Inc (AMEX: TGC) has been heavier than usual in today's session. By 10:50 ET, the stock had already traded 1,384,283 shares via 1,060 trades. The cumulative volume is 11.31% above its 20-day average of 1,243,640. Normally the stock experiences around 966 individual trades per session.

So far, today's volume surge has caused a net rise in TGC's stock price. At the time of this alert, the stock was trading at $1.440, up $0.170 (+13.39%).

One year ago, the Company's shares closed at $0.658. The price has gained more than 118 percent since then.

Over the last 10 trading session TGC has traded in a range between $0.760 and $1.650 and is currently trading 12.73% below its 52-week high of $1.650 set on May 22,2008 and 227.27% above its 52-week low of $0.440 from January 22,2008.

In the previous 3 sessions, TGC trading has displayed a mixed trend. Closing results have been as follows:

June 02, 2008 --- closed at $1.270 up $0.150 (+13.39%) on 1,286,900 shares
May 30, 2008 --- closed at $1.120 down $0.030 (-2.61%) on 533,500 shares
May 29, 2008 --- closed at $1.150 up $0.070 (+6.48%) on 1,434,900 shares

The Company last released news on June 02, 2008 (yesterday):

"Tengasco Announces Purchase of Kansas Oil Production and Increase of Borrowing Base Under Sovereign Bank Credit Facility to $11 Million"

Chart:

About time !



Technicals
Percentage Gainer

Last Price Quote is:
33.27%above 13-day MA
78.04%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $13.58 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

Up in after hours.......
TENGASCO INC(AMEX: TGC)
After Hours: 3.05  0.06 (2.01%)7:20PM ET

TGC up in after hour trading 3.05 this is good sign, no pull back yet.

52wk Range: 0.44 - 2.99
Volume: 4,854,890
Avg Vol (3m): 1,235,200
Market Cap: 177.00M
P/E (ttm): 19.29
EPS (ttm): 0.16
Div & Yield: N/A (N/A)

Technicals
Record Price High
Most Actives
Percentage Gainer

Last Price Quote is:
40.01%above 13-day MA
109.92%above 50-day MA
RS Rating: 99 

very bullish chart imho

TGC: Jumps +5.18%; Vol +52%; Last 90 Min of Trading
Thursday , July 10, 2008 16:22ET

During the last 90 minutes of today's session, shares of Tengasco Inc (AMEX: TGC) demonstrated a strong UPWARD close relative to its 13:30 ET statistics. "Strong Closers" are determined by proprietary Knobias calculations performed during the last segment of each trading day.

sym: TGC       @13:30 ET        @CLOSE      % CHANGE
----------   -----------   -----------  ------------
PRICE              $2.51         $2.64        +5.18%
VOLUME         1,761,810     2,677,874       +52.00%
#TRADES            1,838         2,775       +50.98%
DAY-HI             $2.57         $2.68       LATE-HI
DAY-LO             $2.35         $2.35           N/A

consolidation before the next run up

updated chart look...

Pop...Volume...

Day's Range: 0.64 - 0.79
52wk Range: 0.40 - 0.79
Volume: 1,984,271
Avg Vol (3m): 212,232
Market Cap: 47.34M
P/E (ttm): 390.00
EPS (ttm): 0.00
Div & Yield: N/A (N/A)

Technicals
Record Price High
Record Price Break Out
Percentage Gainer

Last Price Quote is:
25.51%above 13-day EMA
37.44%above 50-day EMA
RS Rating: 96