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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Re: CLL POD 1 additional 5,000 to 8,000 bbld

dbleagle1

Great post

"Credit Suisse, in their private update Tuesday, must have figured out these issues and are buying. Shorts look out. Wonder if shorts are trying to figure out what Suisse's buying range is"

Here's a thought for you to chew on?

It's my oppinion that the majority of the the short position is held by institutions. Could it be that maybe credit Suisse is merely covering? I mean if Credit Suisse had a short position of 4 million shares then, as they covered it appear as if it were a new investment. Either way it's still good news.

Maybe somebody can correct me, would a short postion appear as a holding?

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Apr 03, 2008 05:08AM
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