Credit Suisse must be in a bad mood lately ;-)

They have dropped the target price of several companies I own, especially in the oil arena.

I don't put too much in to their reduction for CLL. They have lowered their outlook for oil in general and hence the oil stocks they follow.

Heck I think they even lowered some Canadian banks as well. Their loss.

Having said that, CLL does have some head winds with all that debt.

However, if they can hang on without diluting the share base too much more, they might do good. I personally believe oil prices will be sky rocketing when the economy kicks in to gear - which might not be for a while yet. But there is enough evidence for the scarcity of oil with respect to demand.

There are better companies to own when that happens, but I'll hold the remaining shares I have in CLL just to keep me interested in the story.