Strat Petroleum Ltd (SPRL)

[slice8]

I have been in as long as you, and currently down over 80K. At some point in here I have to protect my investment and avg down significantly. My avg is still north of .06.... not .006.

But I am not so sure the stock price can rebound as fast as you think. There are plenty of flippers here below .02 that will bail with a 200-500% return. The whole number of shareholders in not an exact science. I seem to remember a clarification of how they reach that number from the old board.

Whatever the case, any news could take us higher from here, dont think .03-.05 is out of the realms of possibilities. But back to where I bot some shares....oh my gosh....might be a reach until everything is in place, ie: more than a year from now...

Just my opinion...