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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 Apr 07, 2014 4:06pm

evidence

At 11;37 this morning I placed an order at. 30 for 50 000 shares. Only 1500 of them were sold to me for the whole day.
I feel there is something going on and  that a lot more people than us here on the board feel this things going higher.
When you cant buy on the bid and all lots are inter house it would appear the only selling is from retail investors.
IMHO
A
Comment by ShatnersRug on Apr 07, 2014 4:17pm
I noticed that as well. I tested the algorithm by placing on and off bids at 28 and 29 cents throughout the day. (40,000 shares). Each and every time the ask was bumped up buy a few thousand shares at 30..5 On the bright side, we know that the bottom has set in. Best of luck to you, Shat
Comment by poorgrammar on Apr 07, 2014 8:43pm
i'm aniticipating slightly more down side maybe between 28 to 29 just to fill the gap (from technical aspect).
Comment by Joelzinho on Apr 07, 2014 9:16pm
I'm reading the same thing. Hopefully, it remains at the current support level.
Comment by JR5 on Apr 07, 2014 10:57pm
It could happen because there is probably at least one more large cross before the silly stuff stops. At that point the shorts better cover because next week the rig is expected to arrive and begin installing the ICD's. We won't need any official NR's the word will leak out from the site. The article on the unit train wan't released via an official NR, so I think the game is on. It ...more  
Comment by Park1 on Apr 08, 2014 11:10am
Looking at L2, some house (don't know because I did not pay for that feature). Puts a order in for a sell @ 25,000 (usually around 8:50 am), depending on what the share price is then will go up or down a couple times during the day. Today it is at 4.44, (when STP was in the middle 30's it was around 4.56), it will increase in value or decrease in value, depending what the volume and ...more  
Comment by alfino on Apr 08, 2014 11:30am
There is a much better chance that this goes up from here than down, we were already at .26 when the news came out last week, if this goes down to .28 we will hit a lot of stops and and it will go down to .24-.26 which is the next level of stops. nobody wants that to happen unless someone is manipulating the stock.
Comment by Park1 on Apr 08, 2014 11:47am
I have been looking at L2 during the rise into the 20's. Same sell order, just a different price.
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