Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > 10million acquired under .23 cents driving the stock low
View:
Post by Duxing on May 15, 2014 1:59pm

10million acquired under .23 cents driving the stock low

This is very common. As long as no further news released, those who got the stock under .23 will keep driving the stock price down and more people will get involved because of panic and speculation.
Comment by Duxing on May 15, 2014 2:36pm
However, if you look at McKay production rate from the current presentation, production in feb and mar is the best historically due to ICD installation: 400bpd higher than nov and dec. I did not see why the stock price being driven so low like this, and it should at least stay around .27 prior to mar 31 news release.
Comment by Junit290 on May 15, 2014 2:47pm
Who/where did you find 10million shares under .23 cents? That today?
Comment by Duxing on May 15, 2014 2:55pm
Are u new to stp? Trading value was near 9million May 8 under.23.
Comment by Junit290 on May 15, 2014 3:00pm
Not new at all actually, it would have helped if you were clear about when and what specifically you were talking about is all. We all know there are several markets to pick up shares from and when you put such a broad statement out there it tends to confuse people. Myself being one of them.
Comment by monzie on May 15, 2014 4:25pm
Good lord you need to relax or at least give up this game of yours Duxing it's so obvious what you're trying to do, how about you tell us what other names you post under on this message board I mean you only created this account a few weeks ago, coincidentally the same day the loan announcement came out. The whole market has been down two days in a row and so has STP, big deal.  On ...more  
Comment by Duxing on May 15, 2014 9:03pm
i am wondering why you were so excited. Are you panic too? I don't want to fight then everybody watch us and think how stupid we are. My whole point of these two postings was to tell people here not to be panic like those dumpers. In other words, i trust STP. I have high holding in STP, very likely higher than you. You said "it's so obvious what you're trying to do, how about ...more  
Comment by Duxing on May 15, 2014 9:15pm
To avoid your misunderstanding me, short guys in my posting means day traders vs long holders not the guys short the stock.