Replies to post #4864 on GulfSlope Energy Inc (GSPE)

[spec machine]

true, gotta spin the bit to reach oil (BTW - crude continues to strengthen, WTI now over $66/bbl - chart below)

but, as I've mentioned before, as a speculative play GSPE has a ton more going for it than most of the OTC speculative and startup companies

not unusual for a ticker that has nothing but a colorful website and a good pitch to quickly reach a market cap of several hundred million $

GSPE currently has a valuation of $17M with significant insider holdings (purchased, not granted) combined with very low overhead expenses

That's a pretty powerful indicator in my book that they mean to create value for all shareholders, not just line the pockets of insiders

spec

1 year WTI chart