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Spyglass Resources Corp SGLRF

Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.


GREY:SGLRF - Post by User

Bullboard Posts
Comment by JohnnyOilon Feb 24, 2014 1:40pm
360 Views
Post# 22243623

RE:Demand

RE:Demand
Actually quite the contrary. For some reason there is a fair bit of selling pressure. New sells come up at $2.10 and the stock is not permitted to move past that regardless of the amount of buying pressure. It seems like it has run out of gas trying to get through that resistance and is falling backwards taking out large bids, penny by penny. It's a very difficult stock to figure out. Whenever I can't I simply look and my 15% dividend yield, shrug my shoulders, and carry on!!!
Bullboard Posts