Southern Pacific Resource Corp STPJF

what's with yhe 0.005 to 0.01 play?

[bambus]

How are people able to buy and sell at these prices? I tried and my orders don't fill.... any idea?

[ShatnersRug]

Your bid is competing against a slew of others. Couple that with miniscule volume.... Bambus, don't take offense to this question, but don't you have anything better to do than to trade a company whose shares are priced at half a penny to a penny? I mean really, chapter 11 is right around the corner. Even if you do manage to get some shares at a half a penny, you probably will not be

[bambus]

can't argue that Shat... looking at PXX, waiting for it to drop another 10c and maybe buy some... any recommendations on your side Shat?

[nikehercules]

I'd  steer clear of oil right now. I'm looking for good, getting better and I've never been terribly great at picking bottom. If you must gamble - I'd look at Pengrowth. If you're looking for another TLM, try PWT. You might get lucky and China Investment Corporation could opt for a takeout. I think COS pretty much sums up the oilsands business. $47/barrel operating cost,

[ShatnersRug]

I'd love to help you out but I've been taking my own advice as of late and have a lighter wallet to show for it.

[ShatnersRug]

Actually, I'd short any gold miner between now and just after the Greek erection. The Greeks, I feel, will not vote Syriza in power. So, if the polls portend a close vote on the days prior, I'd definitely short gold. Those(greek voters) on the fence will vote for the status quo, thus handing Syriza a narrow defeat. That's the plan, anyway.  :)

[bambus]

thanks for the input Nike and Shat... I hope we are close to bottom for oil. STP is done and it looks like bankruptcy is what's coming...though year for me also Shat...

[nikehercules]

If it were possible, I'd short Calgary real estate. Suncor just announced 1000 positions have been eliminated. I wonder where I can buy that 1986 bumper sticker: "Please God let there be another Oil Boom I promise not to piss it all away next time"

[farmerman]

tshirts https://www.ebay.com/itm/Please-God-Let-There-Be-Another-Oil-Boom-Humor-Funny-Graphic-Print-T-Shirt-XL-/271734223369?pt=US_Mens_Tshirts&hash=item3f449f3209