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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: thoughts why CLL keeps dropping?

I agree with your post dk_co. Also the volume picked up today after the bailout was announced, so I think part of today's drop is due to thinking the price of oil is going to continue downward. That's been very disappointing over the past year; when oil has gone up, CLL hasn't kept pace, but when oil has gone down, so has CLL. I'm long though so I guess more patience will be the order of the year for me. I've got my fingers crossed about Q3, and DG seemed to be hinting that it should look pretty good.


Oct 05, 2008 08:43AM
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