In a weird way I am actually glad that this stock hasn't been...

In a weird way I am actually glad that this stock hasn't been spoken about much here and elsewhere. It might be an indication that it may still be under the radar and hence may have further to travel before more people become aware of it.

As for its valuation Skaffold still has it well undervalued at $3.84 for 2013/14 and $4.48 for 2014/15, though these figures have only been based on 2 analysts covering the stock. I suspect that in a market where value is hard to find these days that investors using Skaffold (perhaps even the Montgomery Fund) have been gradually accumulating the stock in the past month.

This aside I believe that as a service company it is well placed to benefit from the boom that is going on in the business that it serves, without the risk that the actual explorers and producers undertake. With strong fundamentals and a strong outlook going forward I for one am happy to hold on to TTN until something fundamental changes.

Having said all the above and considering the fast uninterrupted rise that the stock has had in the space of just 2 months I would not be surprised and indeed am anticipating a decent correction at any time.