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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: So, let's be honest with each other

Just catching up with the weekend posts and this morning stock market action.

Thanks ginosolo for starting interesting discussion.

Nice personal stories from board members including incredible successful strategies like generating $4000/months in day trading activities in RRIF (register retired income account) by trading CLL shares.

Last week I said: "enjoy the ride until the music stops".

The music stopped at OPTI on Wednesday afternoon. IMO, Daytraders took their profit and some of them jumped in on CLL bandwagon which would explain CLL SP action on Wednesday at the close and on Thursday.

I took this opportunity to unload my debenture shares and common shares I bought to participate in this unexpected run up crated by rumours.

IMO, shorts will have no problems to push the SP to $1 were they encounter the first resistance.

So, I am free at last and will not come back until CLL fundamentals improve or some rumours will present another opportunity.

PS. 2v IMO you hit the nail in the head assessing management strategy. Solo, no response from our friends. You must be very disappointed. Hal definitely deserves 5 recommendation for his story and for: May the lord have mercy.







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Apr 20, 2009 12:50PM
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