1. Analysts’ Consensus on TORC (TOG.TO)
    (Continuing from previous article: TOG Falls 34% in 1 Year- Is TORC a Buy or Sell?)
    TORC Oil & Gas Ltd. (Stock: TOG.TO) is scheduled to release its next earnings report in March. Stock analysts on average have a $3.45 stock price target for the firm. Their price target range from a low of $3.25 to a high of $4.25. On January 10, 2013, Raymond James was the latest analyst firm to cover the firm. They initiated coverage with an Outperform rating.

TORC - Target Price

  1. Trading Strategy for TOG.TO (Canada: TSX – Toronto Stock Exchange)

Over the past 6 months, TOG has been trading within a $0.40 – $0.50 bandwidth (see below image). Based on this trading range, investors can implement "short term" buy and sell trading strategies to take advantage of the fluctuations in the stock price.

Such a strategy can involve buying the stock when it drops close to the lower band (near/below $2.10) and then selling/shorting the stock when it gets close to its higher band level. However, just as in all forms of investing, there are risks to every strategy and we strongly recommend that investors consult with an independent financial advisor regarding their decision to invest or trade in a stock.

TORC (TOG) Trading Range – Last 6 Months (Sept 2012 – Feb 2013)
TORC -  Trading level

  1. Market Correction Impact

MarketConsensus would, however, like to caution investors on what we see as an imminent market correction. Market trend indicators are pointing to an overbought situation and a correction is a very real risk over the next 1-3 months. Investors should take this into consideration in their near term investing choices.