GulfSlope Energy Inc (GSPE)

[spec machine]

Highly doubtful from the details of the trades on the spike in L2 and the tape

Bid strength was broad across most of the MMs and the tape reveals that the PPS blew through .006 and most of the buys and volume were well over .007

GSPE didn't show on any of the "penny stock picker" pump sites until today (and those are famously "market chasers")

All of that points to the most likely answer of - push is a group of traders taking a position at the roughly same time

I've seen and traded many MOMO runs and this is nothing like the trademark actions of a MOMO run

Day traders accumulate or buy on the bid and sell all the way up

that didn't happen here

MOMOs accumulate then make a lot of noise on stock boards while pushing up the price with the smallest ASK slapping they can get movement from

again, that didn't happen here

This, to me, looks like a genuine organic leg up

and because of that, I remain confident that the trend is just starting

possible small volume retrace into the mid .006s on technicals for a fill (and relax the RSI) but it won't linger there, the bid showing was too bullish for that

My prediction - this is a small intro, the main feature is not far ahead and it's gonna get

HOOKED UP!!

spec