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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 Mar 19, 2014 3:07pm

td

Has some good points, I am not thrilled with the what ifs as they dont do that on projections for buy ratings. What if STP ramps up to full production, what if STP does this or that? As a TD customer I would like td to advise that they have no fund shorting this stock. 
I bought based on their buy reccomendations.

It was not long ago a hold and just before that a buy, there has been no other material news and to base an analysis on other than the facts the ICD's are producing better. Analysts are not suppose to speculate on 5 possibilities, the whole purpose is to offer an opinion on facts moving forward.
Comment by tp0052 on Mar 19, 2014 3:59pm
Quite simply a SP manipulation on the part of TD, to promote fear and mass selling. Interesting enough, they sure bought a boat load of STP stock today, while advising there clients to reduce??? LOL For those of us who have been here for a while we've seen our share of SP manipulation and disappointment with the performance of this stock, that is for sure. Unfortunately, it doesn't take ...more  
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