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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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Message: Re: 5% Drop

Apr 25, 2011 04:38PM

Apr 25, 2011 04:55PM
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Apr 26, 2011 12:16AM

Apr 26, 2011 12:57AM

Apr 26, 2011 01:26AM

Brian

We have to wait a little .I hope it's only a stock manipulation case rather then a problem with production or something else.

Rebels could be right so far .The past days since the big green candle caused by a buying frenzy by RBC I guess the day after it was already gone and then the decline starts again.I draw a possible support line which was valid until yesterday but now it isn't anymore.If it's only a shaking the tree manipulation trick then it's ok but if it has something to do with the company trouble or another bad deal then we have serious problem.No news appeared so far so let's hope it's the first one.Also the markets itself are nervous due to the reasons you posted earlier.

With a small cap stock big funds can do what they want.

Further in the week we get Bernanke again and some other earnings news so let's wait and see .

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