Agoracom: Small Cap Investment - Connacher Oil and Gas - Re: Last down days.

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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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BKM8572

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Re: Last down days. - sharky

in response to

Re: Last down days. - sharky

jurek

posted on Feb 12, 2011 08:39PM

Jurek:

Criticism acknowledged and partially agreed to. In defense, historically however, CLL has been the subject of manipulated "bear raids" with massive part day declines and then recovery. At times as much as 30 to 35 cent declines and then recovery all within a couple hours from beginning to end. Just one of the items which makes it a very difficult stock to own. If one misses one of these events and has a stop loss, then one arrives back home to find ones shares are gone and the price is higher than it closed the day before. And you are just SOL! Risky no matter what one does. And might I add, pure unadulterated manipulation!