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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: Fund selling @ $.65 today?

They would love to get a higher price, but if they have a certain amount of shares to sell, then they'll have to take what is dictated by other sellers.----Initially the s/p moved up to the $.67 level, and in fact $.68 was at the ask when other holders began selling back to the $67 level which triggered a big sell of over 80,000 shares down to, and in fact wiping out the $.65 bid.----If they have a timeline and a large amount, then they would have to sell at a level that many would not, which today appears to be $.65.--- A large bid is place just below their selling point in order to bolster that price, (making other potential sellers think that the bids may be moving up), and they continue selling without creating a panic, which would drop the price further.----CHEERS!!!

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