Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Southern Pacific Resource Corp STPJF

Energy Oil & Gas E&P
Southern Pacific Resource Corp. is a Canada-based company, which is engaged in the thermal production of heavy oil in Senlac, Saskatchewan on a property known as STP-Senlac, and thermal production of bitumen on a property located in the Athabasca region of Alberta known as STP-McKay, as well as exploration for and development of in-situ oil sands in the Athabasca region of Alberta. Its STP... see more

Bullboard (GREY:STPJF)

View:
Prev 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ... Next
Comment by birdie22on Dec 31, 2014 5:10pm

RE:STP.DB TRADING ON TSX THIS AFTERNOON ! UP 40%

200 @ $1.40 Recent Trades - All 6 today Time ET Ex Price Change Volume Buyer Seller Markers  ...more  
141
Discussion
Comment by marketdebentureon Dec 31, 2014 4:49pm

RE:STP.DB TRADING ON TSX THIS AFTERNOON ! UP 40%

Questrade is retail brokerage. why no other broker bother even trading it like CIBC is this their house account or client trading it.
106
Discussion
Comment by marketdebentureon Dec 31, 2014 4:48pm

RE:STP.DB TRADING ON TSX THIS AFTERNOON ! UP 40%

the buyer would pay 20,000 x 1.4 = $28,000 plus any accrued interest which is $30,000 it doesn't make sense for a debenture that doesn't pay interest and has defaulted.
105
Discussion
Comment by marketdebentureon Dec 31, 2014 4:47pm

RE:STP.DB TRADING ON TSX THIS AFTERNOON ! UP 40%

how much does the buyer has to pay the accrued interest? that is $2,000,000 in face value of 6% that is $60,000 interest for one year or $30,000 interest for 6 months. What fool would pay the seller ...more  
118
Discussion
Comment by marketdebentureon Dec 31, 2014 3:11pm

RE:RE:STP debentures have defaulted. no interest is paid

it's done manually over the counter when debentures are transferred between owners between interest payments but it doesn't apply to 'exchange' traded debentrues. the company only pays ...more  
159
Discussion
Comment by marketdebentureon Dec 31, 2014 3:09pm

RE:RE:STP debentures have defaulted. no interest is paid

exchange traded debentures are not the same as over the counter debentures. vast majority debentures are held to payment date. why would you sell the debentures with 1 month before interest payment?
118
Discussion
Comment by marketdebentureon Dec 31, 2014 3:08pm

RE:RE:STP debentures have defaulted. no interest is paid

The brokers and exchange has no rules on how debentures are traded or settled and how interest is paid. okay. all it has vague legal terminology like " buyer of debentures pays 'accrued ...more  
116
Discussion
Comment by marketdebentureon Dec 31, 2014 3:06pm

RE:RE:STP debentures have defaulted. no interest is paid

that is assuming the debenture have not defaulted. the interest is paid to you on dec 31. or registered owner 5 business days before dec 31 payment date. say you bought 10,000 x $1= $10,000 10,000 ...more  
122
Discussion
Comment by marketdebentureon Dec 31, 2014 3:03pm

RE:RE:STP debentures have defaulted. no interest is paid

the debentures don't pay interest. the company says only the registered owner of the debentures 5 business days before dec 31 is paid. so you are paying the broker money even though you won't ...more  
128
Discussion
Comment by birdie22on Dec 31, 2014 2:50pm

RE:STP debentures have defaulted. no interest is paid

I have traded debentures and if you want to buy you have to pay the interest as your broker deducts the interest from your account automatically ( TD and Scotia ) ,so if you do not want to pay ...more  
141
Discussion
Comment by marketdebentureon Dec 31, 2014 2:47pm

RE:Why TSX no trading and ALPHA-A trading this morming ?

who cares, there is no volume. it's still trading so short can close their positions and people can sell it.
103
Discussion
Comment by marketdebentureon Dec 31, 2014 2:45pm

RE:RE:RE:RE:Why TSX no trading and ALPHA-A trading this morming ?

if the stock is delisted, you have to pay money to your broker to have the symbol removed from your account. ie.e removing a delisted bankrupt stock. usually the market makers would pay money to get ...more  
141
Discussion
Comment by marketdebentureon Dec 31, 2014 2:44pm

RE:RE:RE:Why TSX no trading and ALPHA-A trading this morming ?

why bother halting it. only reason it's still trading so people can dump their worthless equity to market makers can shorts need to cover.
104
Discussion
Comment by marketdebentureon Dec 31, 2014 2:43pm

RE:RE:Why TSX no trading and ALPHA-A trading this morming ?

Who cares if it's halted..there is no trades same as halted.
81
Discussion
Prev 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ... Next
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
{{currentVideo.headline}}
{{currentVideo.link1Text}}
{{currentVideo.link2Text}}
< Previous
{{moreVideoText}}
Next >
Dealroom for high-potential pre-IPO opportunities
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse
Later
Participate
Not interested