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

To: StocksDATsoar who wrote (792)	7/2/2005 12:08:02 PM
From: im a survivor	Read Replies (1) \| Respond to of 1072

<<SPRL making NEW LOWS everyday >> And longs are silent. But, watch when sprl makes a pop...if it does....longs will be back posting their BS hindsight trades, imo. Hmm, I wonder how many shares of this company Sam and his management team gave out...and for what purposes. It will be very interesting to see who was given shares to help pump this company and what those peoples trading records show. If they were pumping while selling, without disclosing such, I do think it will get very interesting for some people...not to mention the company. We also already discussed class action suits brought on by shareholders. Happens everyday, with even the best of companies. I think those lawsuits are a joke, but they still occur and dont have a positive impact on whatever company.....sometimes, investors ignore these lawsuits, depending on the company, but I suspect with the very 'iffy' news the company has put out, along with a big drop from .35 to .07ish ( remember, the big pop up came when the company put out what looked to be positive news..said more news was coming shortly, but nada, zippo, zilch, since then...so, I suspect there was alot of money lost by some, and I suspect SPRL will not be immune to class action suits by shareholders...again, I think these lawsuits are a joke, as each individual should do their own dd and make their own decisions and blame only themsleves if they make out bad, but it is a part of life and when these suits hit blue chippers, most hold up ok..when they hit these small 'iffy' companies, it scares longs away and keeps potential new buyers away as well...but of more concern for the company, is how legit they are, how honest have they been and what skeletons may be in the closet that the SEC wont like too much...all my opinion of course...