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Bullboard - Stock Discussion Forum Southern Pacific Resource Corp STPJF

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

GREY:STPJF - Post Discussion

Southern Pacific Resource Corp > yay management a new low.
View:
Post by adamsight on Nov 26, 2013 2:59pm

yay management a new low.

Wow someone must know something.. with an update around the corner why would there be so much selling. 
gggggggggggggggooooooooooooooooooooooooooooooooooooooooooooooooooooooo
management.
soon stop loss will fire up and bam .02 go stp
Comment by alfino on Nov 27, 2013 12:50pm
And how did you get to .02 from .35? day trader way of thinking ..
Comment by zanadu123 on Nov 27, 2013 12:51pm
Monzie will say it is because of day traders....long term traders sat tight watching the price fall....hahahahah
Comment by jsg335 on Nov 27, 2013 12:59pm
What Monzie also doesn't understand is that daytraders now control the price of this stock short term.  That's gonna be a problem when the stock does finally start to move up again as most buying at current levels will be dumping once they lock in a 10-20% gain, but he doesn't take that into consideration when doing his analysis.  So we could be here for a while which is fine ...more  
Comment by zanadu123 on Nov 27, 2013 1:01pm
Some people are only good to be in IR....and that seems to be the case here. IR = Ignorant Retard
Comment by adamsight on Nov 27, 2013 1:12pm
well ill tell you, when I my unc spoke to ir and management about the stock going to .40 when it was a $1.10 they said  never gonna happen. Just a stop loss kicked in and thats how it went below a dollar. So when it dips below .30 or .25 and millions of shares come off of stop loss, what do you think will happen? 2.00? perhaps. Fund sell at this time of year, a fund selling to .25 could ...more  
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