Santos Ord Shs T.STO

Primary Symbol: STOSF

Energy Oil & Gas E&P

Santos Limited is focused on three regional business unit, including Cooper Basin, Queensland and New South Wales (NSW) and (PNG), now form the Eastern Australia and PNG Business Unit, Northern Australia and Timor-Leste, and Western Australia now form the Western Australia, Northern Australia and Timor-Leste Business Unit and Alaska is the third regional Business Unit. Supporting these three business units are two functional divisions: Santos Energy Solutions and Upstream Gas and Liquids. The Cooper Basin produces natural gas, gas liquids and crude oil. Gas is sold primarily to domestic retailers, industry and for the production of liquefied natural gas, while gas liquids and crude oil are sold in domestic and export markets. Its GLNG project in Queensland produces liquefied natural gas (LNG) for export to global markets from the LNG plant at Gladstone and is also sold to the domestic market. Northern Australia and Timor-Leste is centered on the Bayu-Undan/Darwin LNG (DLNG) project.

OTCPK:STOSF - Post by User

Santos Ord Shs

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Post by nijinsky70on Apr 23, 2012 11:08am

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Post# 19824113

STO holding up well

STO is holding up nicely as no one is selling into the downward spiral today. I bought 5.9K of the 8.3K shares sold so far today. What a joke! Since when was I such a big buyer? Anyway no one is selling as I have to pay $4.18 (today's high for my shares).

Don't you hate this weekly Monday morning shakedowns? This is turning back into 2011 again when the entire market wallowed in misery for 10.5 months and woke up for 1.5 month toward year end. It then filtered into the first two months of 2012 and now "samo samo" as 2011. It's tough to be an investor these days. Buy and hold seems to be dead and traders, shorters, hedge funds rule the market. These market cockroaches really dominate now.

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