{"id":3531,"date":"2014-01-07T13:15:33","date_gmt":"2014-01-07T13:15:33","guid":{"rendered":"\/?p=3531"},"modified":"2014-01-07T13:15:36","modified_gmt":"2014-01-07T13:15:36","slug":"tiger-oil-and-energy-inc-otcmktstgro-absolutely-lost-without-pumpers","status":"publish","type":"post","link":"\/articles\/tiger-oil-and-energy-inc-otcmktstgro-absolutely-lost-without-pumpers\/","title":{"rendered":"Tiger Oil and Energy, Inc. (OTCMKTS:TGRO): Absolutely Lost Without Pumpers"},"content":{"rendered":"

At first the deterioration of Tiger Oil and Energy, Inc. (OTCMKTS:TGRO<\/a>) started off slow, with a few days of almost no change. But Monday came as a day of reckoning, as the ticker corrected in earnest, dropping by more than 42% to 68 cents on dollar volumes above $6 million. The amazing volumes in the past month are the result of no other factor than a series of promotional emails. \"TGRO0701.png\" <\/p>\n

Unfortunately, the last email landed on January 3rd, with little indication that the inflow would continue. The whole campaign for now rounded off 35 emails, worth a total of $2.6 million, so it is no wonder it could lift TGRO<\/a> from almost no activity to sudden fresh buying. Also, TGRO<\/a> has scrubbed its PR headlines from its Yahoo profile landing page, at least temporarily. \"FRMC0701.png\"<\/p>\n

Now, at a relatively respectable price, TGRO<\/a> is almost certainly headed for the unwinding that befalls overhyped oil and energy companies. We’ve seen several similar cases in the past weeks, as usually several penny stocks bid for fame by promising oil drilling results just any minute now.<\/p>\n

TGRO<\/a> may have announced plans to find financing, but its financial report shows little to root for:<\/p>\n