The hey, you say. And not even close. Quite enough money, but could use more time. Since I am not a ‘trader’, I mostly do this just for the intellectual stimulation, and if I make a couple of bucks, that is okay too.
Do not misunderstand. I own enough shares that, if oil is discovered by Gulfslope, I will be very happy. But I am curious, what motivates you to be here?
From your statements on GSPE stock, it seems you have a very negative opinion of the stock, the company, the management, and the shareholders.
All of which begs the question, “why even bother?” After all, if “it is over, nothing here folks”, then why work so hard to get more involved in GSPE’s business?
This is the essence of the question on my mind, and although I expect evasion and not answers, I wanted to put that question in to the record.
Do you see any serious effort to purchase large volumes of GSPE stock at a discount before an anticipated run-up in price occurs?
If getting ‘back in’ at a low-ball discount is an objective, then I am loving that it must be done 100k shares (or fewer) at a time. Sweat equity! Work that ask off! Earn that prize! Talk about borked! And that should put a limit to it.
So no stress here. As the curtain is going ‘UP’ on Act 2 of this show, which is evidently just beginning, and not ending, I am wondering if the curtain is only following the stock price? Does that make sense, or suspense! Dud-de-Dum-Dum.
And make no mistake, some tactics may not gel with GSPE stock anyway. It appears to be protected by the Whales. There are 1.27 billion shares outstanding. And not many shares trade. The Whales have them locked up. How much damage can be done with 100k (or less) share trades? This is the reason many of us swim with the whales, making their hold even tighter.
The chaotic cause will not be helped out. Probably why they did it. Since whales control enough shares, the price is of minimal importance at this point in time, so they can ignore it. They are content to let raiders of the last ask play around some, while they focus on the end-game where the pay-out awaits.
It is difficult to threaten the Whales. Realize they feed on minnows at will. Besides, as long as the Whales stand firm, not much will happen. Perhaps not until the share price increases about 100% from where it is now. Then things can heat up some.
Allow me to propose taking an interest in ‘whale watching’. I have found it to be quite interesting. Others may too. Whales realize the money in this stock will come from drilling. All are welcome to take the ride. Or not. It is a choice. Does not matter to the outcome either way.
I will say this once more in case it was missed the last time. “It is simply a matter of scale. And our level of scale simply does not matter”. At least, not that much. A trade at .0078? Less than the price of a pinch of salt to a whale.
Could be hard to get a stake of an interestingly large volume at a discount. By paying a premium, and acting soon, it ‘might’ be possible to get it around .01 or so, and that can be a generous pay out down the road. A little patience and perseverance is all that is needed. And some cash.
Just a little analysis for our readers. I do not mind taking time for them. My pleasure.
Mrs. Smith
