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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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short covering

posted on Sep 09, 2008 09:56AM

I don't see this as significant short covering, with around 2.5 million shares so far. Now if we got heavier volume, up to close to 5 million, then I might feel a little better. I think this is just a volatile and savage day in the markets.




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