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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 > market maker's play
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Post by poorgrammar on Dec 12, 2013 5:00pm

market maker's play

i'm a day trader each time i touched this play market maker would remove support as if they were following me.  Lost a cool 500$ in one play lol ... what's done is done
I'll be back to rip profit once I figure out their game.
Comment by Jzkbbi on Dec 12, 2013 9:22pm
10 million shares traded today, but the "market maker" was following you around to stick you for $500.  Yep, that is probably what was going on today.
Comment by poorgrammar on Dec 12, 2013 10:47pm
 Jzkbbi, what i meant traders cant think like a trader and profit from this position. Their buying and selling momentum is to trap traders on their entry and forcing them to exit at a loss