Investing or trading this stock involve a lot of risk. You may win big but you may lose too. When the report comes out, it is too late to have it. If traders or investors could not hold their emotions, do themselves a favor by looking another investment.
Do your homeworks before committing your money, otherwise just leave it. Look at SCEY charts in the last 1 or 2 years. They speak by themselves.
Another oil company is following the Fox Petroleum model. Sun Cal Energy is a Canadian company that converted in November 2006 from a mining company with no revenue to an oil business with no revenue. The company had $267,817 in cash on hand as of March 31, according to an SEC filing. Yet it took out an ad in the September 3 issue of Forbes that neglects to mention the company doesn't have any active production sites. The ad only describes the potential profits from unexplored oil and gas leases that Sun Cal owns in Southern California.