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Gold/Mining/Energy : SPRL - Strat Petroleum, Ltd. -- Ignore unavailable to you. Want to Upgrade?

To: Bid Buster who wrote (667)	6/20/2005 12:35:56 PM
From: im a survivor	Read Replies (1) \| Respond to of 1072

LOL....dont know but looks like shorts have really cleaned up considering this was recently about .35 and is now .07ish with a chart that looks very sickly. Funny how at .30 most longs were really pumping this hard..claiming $1 was right around the corner and claiming any dip below .30 was a must buy bargain for everybody....in fact, most longs were posting it would 'never' see certain prices lower then .30 and if it did they would be loading the boat. Stock now at .07ish, and I suspect some longs probably did add higher in the .20's or the .15 area where they said strong support would be.....But, I also suspect many of these longs have been unloading, while posting what a steal the stock is. Lets face it...alot of longs in this company have multi millions of shares. Why would they NOT be selling? I mean who holds a stock that has gone up thousands of %, they dont sell any? and instead hold it all and watch it drop to nothing?? Sorry, but true, legit investors dont let a 1500%+ profit sit without taking at least some profit, yet most longs were posting they weren't seling any and were buying more..and most legit investors dont let a 1500+% profit drop to oblivion in the blink of an eye without selling. So, I must assume one of two things...the longs are naive and have not sold, or they are playing a game, trying to entice buyers as they unload shares....I mean we have a group of shareholders who each own millions of shares. I dont see much buying lately, but sure see alot of selling and by the longs own admission their small group owns 70% of the float, so who is selling? The longs that are telling everybody to buy now while it is cheap, imo. And by the way, considering it looks as if this company has printed ALOT of shares, how do the longs even know how large the float is?? I have sent several written requests to the company asking if they can please tell me how many shares are outstanding and how much the float has changed the past 6 months as they have been printing more paper. Not a single response. To me that is very telling. Why not answer? Are they afraid we wont like the answer? I also asked some questions pertaining to some of the posts I saw last week on RB, in which a poster was posting quite a bit of damaging info about sprl..mainly correspondences FROM the company, supposedly. I asiked the company 4 times if any of these allegations were true. I would think if they were not, they would answer and tell me they are not true or factual and I would think they would take action against the person posting that info..but again, not a single response from the company...and those were pretty serious things in those posts...yet the company chooses to NOT deny them.....why can't they take 30 seconds to type "those posts are not factual and the company is looking into the allegations made"? Instead, they say nothing? I also asked about several of their pr's, which another poster said he spoke to the CEO and ALL PR's were factual and up to date...we then find out they are not...people they claim they are working with or doing biz with or getting financing from...have said they are NOT doing biz with SPRL, yet sprl's PR's say otherwise, and sprl has yet to correct them as far as I know. Again, no response from the company. So, what are true investors to believe...that the company somehow talks to all the longs and tells them all this neat info..but they dont talk to anybody else?? Sure, OK....Seriously...think about that for a minute...how many longs post and say they talk to sam or somebody else all the time and get answers to their questions? ALOT!! Yet, they only talk to a few certain longs while nobody else can get an answer from them on issues they should be addressing?? LOL....I wont name the message board, but I saw a post this morning from somebody that said they 'heard rumors that a major oil company is looling into buying SPRL', and he said he got this info froma very credible source. All I can say to that is it sounds like longs are geting a tad desperate, and frankly, if I had millions and millions of shares of this stock, I think I would be slightly concerned as well....The only long I know who was smart enough and played this right is RRufff who sold for a profit much higher and now holds free shares with nothing to lose and a guaranteed profit already there even if sprl goes to zero....all other longs claim they have been buying, not selling.... Anyway, good luck to all....My personal opinion is sprl will not be here long term or will be far lower, but short or medium turn, maybe they can get this back above .30, if they put out some good news...