Re: Is There Any Truth to the following statement?

Welcome to the Connacher Oil and Gas Hub on AGORACOM

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

jurek

Rank: President [?]

Points: 4183 [?]

Votes: 52 Score: 3.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Is There Any Truth to the following statement?

in response to

Is There Any Truth to the following statement?

Road_Warrior

posted on Feb 26, 2009 07:37PM

I am not a trading pro and except his last sentence, 2Violins explanation is very reasonable.

It is perfectly legal and it happens every were, especially on the US markets. This is how the hedge fund made their trades. I just experience it myself with the Alta Gas (ALA.UN).

It is not that easy to buy or sell large volume of shares. No question that GENUITY had big influence on the CLL SP in Q4 2008. As you, Scott posted few days ago US institutions dumped 3 million CLL shares on AMEX which could explain additional weakness on the CLL SP.

I think Resolute Fund recognized their mistake and stopped supporting the CLL SP after December 15 POD1 shut down. Correct me if am wrong but there was no Resolute Filings in January or February.

1 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply