Replies to post #4373 on Superior Oil &Gas Company (fka SIOR)

[docoroc2]

I'm looking to get back in. Anyone have ideas about a good entry-point price?

[longinvest]

I'm not one to believe in consipiracy theories... but this one is coming together. You've all found some great information today. All these plays being developed AROUND SIOR land, Dan's involvement with those OTHER plays, PPS lower, etc...

I don't think we'll see big buys like 500k at a time. That wouldn't make sense to me. (I could be wrong, still new to this) Wouldn't that run the price up too fast? Seems like I'd buy in smaller chunks since my other 'Friends' would want to get in as well?

[Danduedil67]

I'm not so sure about that.
I think it has just been folks cashing in on their gains. If someone wanted to drive down the price, they sure blew through a lot of shares which would be counterproductive.
If none of the insiders have sold (and that is a BIG if), and the TA is still saying that we only have 200M OS... then I would think that the 32M suspected float is being locked away rather quickly by the non-flippers.

I only joined this lottery play on 1/3/12... and have since pulled out 4.5M shares of the float (whatever that number truly is) without having to fight for shares.... I will hold these and add more as the price continues to drop... I see no reason to sell my lottery tickets until the actual drawing takes place (i.e. news directly from the company about what their plans are, and where they stand with them)

I will eventually either 1) toss these tickets to the gutter or 2) cash them in for a large profit (and get a big tax bill in return!).

The odds seem a bit better than playing Powerball to me.

-Dan