Replies to post #4391 on GulfSlope Energy Inc (GSPE)

[spec machine]

well that's "the $64,000 question"

8M shares traded today at .008 is $64,000

and for the kids out there, that phrase is the name of an OLD game show

so old that it's even before my time, sigh!

Yeah, I get where you're going with your post but personally, I think it's unwise to read too much into todays action

There were multiple MMs on strong bids after the initial big buy (may have been before too, but I wasn't watching as closely earlier)

With most of the desks showing bids above yesterdays high, it tells me that it's unlikely to be MOMO tricks

I think it is likely that somewhere, someone with an audience mentioned GSPE as being a viable pure-play GOM subsalt exploration play

Following the Kosmos Miocene subsalt discovery, other mid-tier players (bigger than typical retail, smaller than hedge funds) decided to take a stake in GSPE

So, if my theory is valid, we're in for a longer leg up

My view continues to be - no R/S without some other major $$ news, partner, funding, farm-in, etc.

spec