Not much animo in CLL shares despite the indexes made a nice ride .
Also oil is in better shape as well.
CLL is a strange stock .Now Algar is coming near start of production within 2 months volumes are low these days.
Sometimes you see that big stocks or blue chips gain first when there should becoming a sence of faith again in the markets and later on the small cap stocks follow.After some weeks of taking no direction it looks a start for an uptrend could be made also in light of earning reports which could come across.
Any idea when reserve figures come out?
I still try to figure out if CLL can come back in it's older trend from 3 to 5 where it was pre crisis .Though we have double share amount on the other hand we are at the start for a second pod production too.The value only when pod 1 was ramping up went towards 5 .Of course oil was much higher then .But can we assule if they succeed in a ramp up without not much big troubles they can regain confidance from investors for a stock value in the older range ?
Would like to read some idea's around that from others.
From chart view yesterday we started nice but till the end we got to the lowest point again.Stock is holding down .We need some good volume to start a firm uptrend.