Re: The Most Pernicious Element Depressing Connacher
in response to
by
posted on
Oct 25, 2010 04:49PM
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
Brian.
Didn't actually agree but thanks anyway. All stocks are manipulated by the market, especially small caps as they don't get much attention. Institution insiders will always get the edge and make a killing. I recall someone posting the .90 dilution share price the night before it was announced, I bet many people made a killing on this. Now with high speed trading things get real ugly real fast. Retailers get burned by trading on the wrong side of the MM's. They're privy to info we're not such as stops--they can see and clear em out then bring a SP back up before a retailer even has a chance to react, thus wiping them out. Longs in particular get smoked like this. I don't know how many times CLL would open at a decent price, drop like a tank and clear out my stop losses only to close the day higher than it opened. Now that Shiite is annoying as it forces you to pay more to replace your holdings if you want to hold long..BUT hey that's the game..Only thing retailers can do is buy and hold or learn the MM'S game and play their moves...