GREY:STPJF - Post by User
Comment by
ShatnersRugon Apr 11, 2014 10:31am
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Post# 22439428
RE:Bot SP Manipulation
RE:Bot SP Manipulation
The accumulation range for the bots is 30.5 - 31 cents
The sell order at 29.5 cents was a retailer. Probably due to the "market crash" going on in the world. Hey, people are free to do what they want with their money. Fear, just like greed, are powerful motivators when it comes to investing. Both are healthy, but in small doses.
Frankly, I'm somewhat surprised that the SP has hit 29.5 cents twice since the last NR. I've decided not to buy more shares though. Already overweight STP. But for the SP to dip to levels seen prior to the last stellar NR.... well, I just can't see that happening. Not by a long shot. Too many savvy brokers out there. Not that I know anything about that type of thing.
Buying into other oilers today with some of the powder I have left. Oil is the way to go. Gonna post something Shatworthy regarding my views on energy in the next while. Should be a good read. I'll obviously tie-in my oil views with where I believe STP is going. Otherwise what is the point? ;)
Some Shatvice:
DON'T LET THE MEDIA AT LARGE INFLUENCE YOUR TRADING. ALWAYS HAVE SOME POWDER AT HAND FOR DAYS LIKE THIS.