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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

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Post by adamsight on Dec 10, 2013 2:00pm

.225

I suspect we will see sub .20 before christmas, there will be those retail investors hoping the next update is good.
Then they will sell for tax loss, I suspect a few funds will dump a portion for tax loss to push sentiment down and rebuy in the new year at the lower level.
I cant see a pop until after January or February updates.
Unless the B/E and lutes gets on tv. He was on tv last feb wasnt it?
Comment by Prof_JD on Dec 10, 2013 2:07pm
adamsman, and nickelman, .... and thanks smithgee for explaination i do see STP paper at 20 cents tomorrow in the AM ; it will be a red hollow canle for tomorrow for STP paper as support is 20.0 cents
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