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Re: bobsrls post# 114

Tuesday, 12/05/2006 11:26:13 AM

Tuesday, December 05, 2006 11:26:13 AM

Post# of 2321
Hedge fund(s) dumping? It wouldn't take avery big hedge fund to slam the share price if they suddenly got cold feet on crude price downtick. A lot of the wieird moves in thinly traded issues could be explained by "hot" money wielders suddenly losing their taste for specualtion or shifting cash elsewhere. A lot of mysterious surges could simularly be the same sort of money rushing back in when sentiment chages the other way. In other words, not so much about SOIGF but external or only loosely related market influences. I don't know...

SOIGF listed $6 million as stock based compensation in recent 10Q, but I wonder if that merely refers to their recent 50% expansion of holdings/acquisition, which, theoretically would be a good thing. It does make the bottom line look bad (losses)..

http://biz.yahoo.com/e/061109/bucy10-q.html

If so one would think it would have happened right after 10-Q...
But that is old news from Nov. 9

Definately an unpleasant surprise move in pps.

If it was compensation to individuals, maybe one or more of them is (unwisely) cashing (too fast) in on open market. SOIGF apparently has around 10,000 brl / day production of (thick flowing) oil, not tar sand, which makes them better than many purely tar sand plays.

Some of these small co.s hand out stock payments to employees, consultants, vendors, in leiu of cash,one might suppose that someone liquidating would happen if the shares weren't restricted.

Hard to say, take a look at recent fin report. What would you say big chunk of stock for compensation refer to? The acquisition of additional lands or basic payouts to individuals?