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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 > Normal and HEALTHY profit taking today
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Post by kbusby on Dec 18, 2013 5:43pm

Normal and HEALTHY profit taking today

Today the effective close was .20 cents--other than for the last 5000 shares traded at a tiny fraction of a second before the close. Good to see some taking of profits given the super-fast run up from. 10 to .23 cents. This was all about taking profit after more than a double, had nothing to do with having to fill some gap. In fact, the mere .01 cent drop was minimal. You will drive youtself crazy looking for and filling gaps with these speculative, emotional, sp.manipulated and news-driven stocks.
Comment by Kobedog1 on Dec 18, 2013 7:10pm
kbusby, it amazes me , what you still need to learn.  A closed mind is a waste of valueable time.  I personally do not care about  strategies  based on a young man's opinion and perhaps unjustified confidence, which is exactly how you come across.    Money is a serious game.  Always . When you learn that, you will be ready for the next step.  But you ...more  
Comment by craighenry on Dec 18, 2013 7:24pm
He has no CLUE kobe! First he mouths off that he is new to the board becasue someone on the CSI board mentioned STP.....and he bought a whole 15000 shares! (high roller!) Then he mouths off that is price per share is .09 cents.  Now - I dont know what share price I have been watching for the past 2 years, but STP has not been  09 cents since the 2006 time frame.  Last week it ...more  
Comment by kbusby on Dec 18, 2013 9:28pm
Say What Basher: Me having 15,000 shares? lol, that is just what I started out with. What good would that be of this penny stock? Perhaps you don't understand that the whole idea with these stocks is to have huge numbers of shares. And, genius, where did you come up with .09 cent shares--not from me--my average is about .16 cents but doesen't include .09 cent shares. Good thing that you ...more  
Comment by kbusby on Dec 18, 2013 9:49pm
Grasshopper: I have no doubt I am yout senior. And I have been trading stocks with decent success since the mid-1960s. I don't put a huge amount of money into these speculative penny stocks--mostly for gambling action. But what I have in all stocks is large by any standard. You keep pumping you hoped-for-gaps. You do have my sympathy for what promises to be huge losses in your short position ...more  
Comment by craighenry on Dec 18, 2013 10:01pm
yes....please share all your wisom that you acquired in 6 days kbusBOY!! You are so brilliant and have such infinite knowledge of STP. Please tell us who did the $1.95  financing, when it was done,  - and the purpose behind it.  That should be an easy one for you Mr. Knowledge!   kobe is alot more respected around here than you will be. You are a clown.& ...more  
Comment by TheRock07 on Dec 19, 2013 6:23am
RBC crossed another million shares into its clients hands yesterday. This is the best DD that you can get. buy on any weakness
Comment by adamsight on Dec 19, 2013 8:50am
Oh Henry why do you lash out at everyone. What do the fiancings matter, people can offer what ever opinions they like. Why do other peoples thoughts bother you so? WT-F does the 1.95 financing have to do with anything at this point in time???? Everyone who participated had the same issues as all the other financings, when the hold came off the stock was down. 
Comment by craighenry on Dec 19, 2013 9:12am
queer adamsight - my point is to prove that goof knows nothing about the stock, the fundamenals of STP  (probably thinks STP is a mining stock)....etc you know.......kind of what most investors should know about companies before they pump their money into it. Yet he....and you  mouth off telling people stupid stuff like  "Normal and HEALTHY profit taking today".  ...more  
Comment by adamsight on Dec 19, 2013 9:25am
Oh like you have ben disrespecting me hmmm
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