Strat Petroleum Ltd (SPRL)

[TraderRich]

I trust velvet's post and I trust Joseph, but I don't trust CEDE or DTCC as far as where the naked short is at. As far as I'm concerned the jury is still out on that issue.

I'd really like to know what CLYP has going on also.

It sure looks like someone wants the share price to continue lower, but any time some buying pressure comes in they're quick to raise it up.

IMO, anyone with a long term perspective on this stock should be very happy to get shares even if they have to do a little chasing to a penny or even higher. As for short term traders, well, you just have to be patient, pick your spots and see what you can get. I'm not currently trading this stock, but when I do I often find that waiting until the end of day (last hour) is a good time to buy...especially on Fridays, ends of the month and ends of quarters.

Aloha.