Replies to post #3281 on GulfSlope Energy Inc (GSPE)

[smith199]

To read full Article Appears WSJ members Only. Like the Headline! Good to see One of the largest, If not the largest, Oil and Gas Platform shutting-in Production to facilitate lowering the Cushing, OK Inventory @ Enterprise’s and Edmond’s Oil and Gas Terminals.

Great news, lower Production = lower inventories = lower glut = eventually more normal crude prices.

Smith

[smith199]

I think that large GSPE sell order which has been out all week is a possible Decoy. GSPE’s current average volume is around +-450k, but this week some Market Maker is allowing an order 4 to 5 times that volume for an OTC penny stock.

I think it’s a possible decoy to create selling. Yesterday it did not show up because there were already small trades of 125 shares ect. coming out of the $vol column on IHub (btw, most of yesterday’s volume that lowered GSPE came from the ?vol column) already bringing the stock down, but this morning it came back again when the share price was trading up.

Smith