Southern Pacific Resource Corp STPJF

RE:RE:RE:RE:Remember to always.....

[tp0052]

Very well said Pandora!

I originally invested in the fall to December time frame when the stock ran up. I had high hopes and sunk a lot of $$$$ in, with wild dreams of what I would do with all the gains I would receive for this investment. Little did I know what would soon unfold.

U see I was a novice investor. STP was my first stock experience. I felt invincible and imagined the riches in my future. Shortly there after, I watched in horror, as all but a little bit of my initial investment disappeared. I spent many sleepless nights wondering how I would regain the money that I had lost. I could not think straight. I laugh about it now, 6 months later but it was not an easy time in my financial life. Least of all it was not funny to me!

Last in December, lo and behold, I stumbled upon this stockhouse web site and started following the STP bull board. There are a lot of investors here that are very smart, much smarter than I, so I sat back and watched. I followed what others were saying and over time got to know who was who and who appeared to know what.

I picked up a strategy off the board pertaining to averaging down, by selling my entire position and buying in at a lower price. The first few times I did so, my heart ached when I pressed the sell button with the mouse. I was petrified that I would lose even more money than I already had. My heart goes out to all who have lost in the process. Alas, it worked for me. I sold it all and bought more shares that I sold, every time. Over time I was able to buy more shares at a very low price and increase my original investment size.

I was averaged in at $0.68 cents per share and with multiple trades and buy positions I am now sitting with a very respectable average price per share. I have met some very good people here that were more than happy to provide impartial advice. For that I am internally grateful! I will not average down in the near future as IMO news is imminent. Too risky for me to take the chance anymore.

I feel good about my position, I feel good about the fact that our Management Team has all of our interests at heart and I feel good about the future of this investment.

News will come soon and IMO it will be good news. My heart goes out to any investor that bought high and is discouraged with the company to date. The grass is appears to always be greener on the other side but that is not always the case for everyone. I respect everyones opinion when stated and everyone feels differently. I am comfortable with my investment in STP and will continue to hold long. GLTA!

Cheers,
TP0052