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
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O man I almost had a coronary when I looked down at my BlackBerry Bloomberg App and I see CLLZF down 87% to $.17. These markets are crazy. In hind sight I clearly missed the arbitrage opportunity of the century, but who can think that way in times of panic.
Anyways, I'm curious if anyone has a hedging strategy for dealing with CLL. As far as I know there are no derivative on the underlying security available OTC.