Post by
budworm on Dec 04, 2013 4:25pm
If Bad News, Then What??
I've accepted my losses with STP. Don't really have a choice. Is there any possible fix to STP short of a takeover that could occur in lets say the next 6 months? I'm baffled with this one. The ratings have gone up, production has gone up (not to target of course), the asset sale was a good influx of capital.
Comment by
nikehercules on Dec 04, 2013 4:37pm
Nobody is answering the phone.........even tried randomly dialling a few names in the phone index. We might be missing something here gentlemen, humm......looks like I'm in the GIC penalty box for a long time. A quick scan of Southern Pacific in the news shows there is no fire or explosion. Don't laugh guys, CNQ Horizons fire back in 2011 set me back quite a bit......
Comment by
jsg335 on Dec 04, 2013 4:54pm
Strange that analysts have indicated a target price of .75cents and consesus of .98cents with 4 giving it a hold and 2 have a buy rating, but yet the stock is trading at such a huge discount. Just dont want to be blindsided here, have no problem holding for a while, but want to see it break this downward trend, making me sick.
Comment by
monzie on Dec 05, 2013 1:19pm
Wasn't it just a cross trade from AltaCorp - as in they moved it from one account to another that's why their "trade" didn't effect the price - they did it at 25 cents for one lump of 11.7 million shares.