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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: Who's buying?

Who's buying?

posted on May 29, 2009 06:53AM

With the amount of shares offering with the newly released financing, who could be buying today and late yesterday?----One would think that the larger purchasers would be able to get in on the $.90 offering, so why the buying?----I can see the smaller retailers having to buy on the open market, but not if the party was interested in buying over 250,000 or more.----Is someone, (a large holder), attempting to actually sell at what they consider a decent price, by putting in large bids just below the actual trade level, which would fish in retailers into think that the s/p is ready to accelerate?----Any comments?---CHEERS!!!

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May 29, 2009 07:00AM
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May 29, 2009 12:32PM
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