Sharkey
CLL is down today another 2 cents or 1.71 % THE GOOD NEWS it's on below average volume and the TSX is down 1.55%..This tells me that you're correct in your assessment that the action is primarily between fund managers and is tracking pretty close to the market in general. IMO CLL just had bad luck that the markets just decided to take a major crap the same time as they released earnings. The positive I see in this is that it gives fund managers another chance to shake out some shares from scared retailers. The more shares they hold the higher SP will be pushed..
Marlborodog: I'd have to agree with Brian,, CLL board volume has dropped significantly since the charges against Agoracom were laid which BTW was a pretty long time ago..The members I suspected have all but stopped posting since the initial news broke.One has to remember that small cap stocks like CLL are primo manipulation targets.