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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 > Bot SP Manipulation
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Post by tp0052 on Apr 11, 2014 10:10am

Bot SP Manipulation

I don't understand this bot high frequency trading thing?

Why not let the SP rise into the mid thirties and make more money? Why drive the price down into the 20's again? 

I wish I had more to invest in STP because we all know these are bargain prices for the shares given all the changes that have occured and will occur in the company. Congrats to all whom are able to pick up additional shares!

I'm looking forward to the day when the bots disappear and the SP goes to where the market values it. Very frustrating to watch one or two big players manipulate the SP.

GLTA, Cheers!!!
Comment by ShatnersRug on Apr 11, 2014 10:31am
The accumulation range for the bots is 30.5 - 31 cents The sell order at 29.5 cents was a retailer. Probably due to the "market crash" going on in the world. Hey, people are free to do what they want with their money. Fear, just like greed, are powerful motivators when it comes to investing. Both are healthy, but in small doses. Frankly, I'm somewhat surprised that the SP has hit ...more  
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