Southern Pacific Resource Corp STPJF

wait

[llennn]

Wait for next good news or you could buy but the last news it did notbbounce because everyone who bough below would sell as it goes up then hoping to buy lower its really a black vortex of stagnation, holding for a consolidation, im going to ride it out until year end, i wouldnt sell for tax loss, everyone knows that is risky, as the risk now is flat production, burn rate, oil/drill ratio, no future bounce until sign of production whichbmay never mat, consol ,price oil goes lower dollar higher, economy goes lower flattened out, china uses all of iran oil strikss trade deal, xl does not mat,northern gate drags on ,opec dumps large amountbofvoil onmarket to trybandvdrown russia even though they signed deal with china even tthough harpon kicked out Chinese invest ment and Christmas arrives Dec 31st