GREY:STPJF - Post by User
Post by
alfinoon May 28, 2014 6:20pm
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Post# 22607540
looking at things positively
looking at things positively
Although my position on STP is the same ( concerned about the risks involved and not willing to add more here) we could pick up couple of positive points from Shat's recent post including the addition of ICD#5 from a different supplier. To me trying a new supplier is positive, but doesn't necessarily mean there is potential buyer. Maybe the management is just trying a different supplier for better results.
Either way i think we will see one of the following scenarios in the near future:
1-there is in fact a buyer and ICD#5 works and the oil gushes out of the ground like we have never seen before and STP share price will automatically bump up.
2-ICD#5 works and there is no buyer, again we will be ok.
3-ICD#5 will not work and we will go back to the old ICD supplier (since we know their ICDs #1 and #3 at least provided some output.)
4-and the worst case scenario is that the management has lied to us and ICDs #1 and #2 totally did not work and that is why they tried the new supplier. which I hope this will not be