Great post and all excellent points....However, yes, I know if ya got the money you can pay these 'touts', but the bottom line is the Company DOES have recourse if they wish to take it....if you do not work for the company, on the board, or related in any way other then a stockholder you can be held liable for your actions, by the company, IF the company wishes to take recourse. I guarantee if I started paying these "pumpers" to tout DELL....Michael would have me in court so quick my head would spin<g>....To say a company has no recourse if a third party, unrelated to the company is doing things unauthorized by the company, that has a material effect on said company, is not correct. The company DOES have recourse if it wishes.
Also, let me clarify one or 2 things....First, I am long SPRL. People may think I am short or am ragging on sprl, but that simply is not the case. My shares I hold now are free. But free or not, if I didnt think this had possibilities/potential, then I would sell right now and take more profits and move on.
My main problem is all the lies and deceit. I have nothing against strat...seems like a very nice guy ( aside from the porno comment<g>) and I truly hope that one day this is at $1 or higher and strat is pm'ing me saying I told you so...I would be thrilled if that scenario unfolds and I dont wish harh, ill will or losses on anybody....No, I dont agree with his methods and think most "true" investors would agree...all eggs in 1 basket....a pink sheet basket...up a gazillion %, with 3.5 mil shares riding and no profit is taken and we keep hearing all is fine as long as basket is watched closely. Heck, there are blue chip household names kicking butt and taking names that crater or go bankrupt....and this is a developmental pink sheet and there are NO GUARANTEES....so, yes, I do not agree with anybody in this scenario and call it nothing more then 100% foolish investing, if he is being truthful.
As far as JM...I will not disclose what I know, but I will say nothing he says should be believed...And, I do believe, imo, that his actions will soon catch up to him......
Anyway, I wish nothing but the best for SPRL, STRAT and ALL Longs....I may think what strat is doing is foolish, but as you said, it's his money..not mine and I should be concerned with my money, not others....but ruff....simple question: Answer honestly even if you dont agree with me...if you had all your eggs in one basket...a pink sheet ...at around .04 cost basis. 3.5 mil shares. It goes up about 800% or so. Do you sell any? I'm not saying ALL..but would you be selling ANY on the way up, ensuring a guaranteed profit and LOTS of FREE shares with zero risk of ever losing a penny and great chances of great wealth if it does still shoot up more...or would you not sell a single share and actually buy more at .17 - .195?
Sorry, I look at the numbers, the scenario, the company, do the math....and I truly believe any smart investor would have sold at differing points on the way up...not all, but with 3.5 mil shares going up that much of a % and with all eggs in that one basket, I would venture to say most would be locking in guaranteed profits, with LOTS of free shares rather then not selling a single share and actually buying more 400% higher the his cost basis on 3.5mil shares.
Again, as you said, what strat does has no effect on me, so I shouldn't worry about it......I hope sprl can deliver and am hoping they do and all longs prosper. But, I still do not like hearing the lies and deceit...first JM is saying 70% of the float is held by people that will not sell....next thing they are all saying "of course we will sell on the way up"......Many of these posters have lied more times then I can count and again, I cannot disclose what I know about the head pumper, but I will say do not believe one word of what this guy says....... |