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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: Pick up PDP for CLL?

Re: chart

in response to by
posted on Apr 16, 2009 08:28AM
resist. 2.09 2
resist. 2.02 2
resist. 1.63 2
resist. 1.23 2
supp 1.07 2
supp 0.85 31
supp 0.62 8

looking at trading pattern over last few days and today something standsout in as much as daytrading seems to go on in the morning but then accumulation takesover in afternoon ,FWIW I am using support levels to accumulate ,bought more today with avg cost reaching .91 in RRSP and $1.01 in nonregistered,this dollar cost averaging isn't for everyone but I have cash from the days of selling CLL in the $3-4 range,I don't know about merger as Connacher is viable as a stand alone longterm,hov=wever if CLL's debt could be taken over by some partnership the sooner Connachers total story could be fullfilled...



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