Bullboard - Stock Discussion Forum Strata Power Corp SPOWF

Energy Oil & Gas E&P

Strata Power Corporation is a Canada-based company engaged in the acquisition, exploration and development of heavy oil projects in the Peace River oil sands region in Northern Alberta, Canada (the Peace River Properties). The Peace River Properties are located in the Peace River oil sands region in Alberta approximately 40 to 50 kilometers away from the town of Peace River. The Company has a... see more

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Strata Power Corp > Stock split coming

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Post by chucklesbee on Apr 25, 2006 3:45pm

Stock split coming

The special meeting of shareholders of the Company to be held on May 9, 2006. https://www.sec.gov/Archives/edgar/data/1227282/000093980206000227/0000939802-06-000227.txt Could be 2/1 or 3/1 or 4/1.

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Comment by Wuggy on Apr 27, 2006 12:50pm

Yeah okay, but why is the price up 22% on >1MM volume? Do stock splits have some intrinsic allure?

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Comment by chucklesbee on May 04, 2006 9:40pm

"Do stock splits have some intrinsic allure?" Yes, but only in that the sheep go "baaaaaaa". There is NO intrinsic value ANYwhere in the market. The whole thing is made up and just plain silly. Great stocks get trashed. Trash stocks get tickets to the moon. Doesn't matter. You learn the rules, you play the game, and you take your profits/pain as they come ...more

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Comment by Wuggy on May 10, 2006 6:27pm

"Trash stocks get tickets to the moon." <-- Ain't that the truth. Nice bounce again today. It'll be interesting to watch the price if/when something actually happens.

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Strata Power Corp