GulfSlope Energy Inc (GSPE)

[OilerHTX]

For what it is worth (about 1 share @ todays price) heres my take on this investment. I limit my investments to business that I understand, not investments in which I am an "expert" just that I can understand. I am long on GSPE have been for many years. Put aside the business of GOM exploration and the complexities in that endeavor, put on a pure business hat for a moment.

GSPE team could have stabilized or even increased the stock price with a simple PR of any nature that was factual. They made a business decision NOT to do so, so in a pure business sense they either don't care and have thrown in the towel or they know what is on the horizon and realize a bump of a cpl. cents is insignificant in the grand scheme of things.

I don't believe this team has much quit in em. I get they are cash strapped and these are tough times. I just know the impact of news any news when things look bleak, and for some reason that didn't happen here. Time will tell, short time, if they dragged up or just didn't have time or desire to chase pennies knowing what was on the horizon.
For all the fellow longs, hoping is the latter!!!