Dave
Where can we found he bought 50k shares?If that's true it's kind of relief if a CEO thinks the sp from his company is to low.
But regarding the bigger picture and specially in Europe.I don't know if you guys follow the events or reading artickles about the debt situation.So far it looks not very brightly .Greece has so many debt they can't pay it back.And if they take Italy and Spain with them in the collaps we are in big trouble.I don't see oil rising further then.
See story about the eurozone
http://www.marketwatch.com/story/greece-and-the-euro-zones-worst-case-scenario-2011-09-28?siteid=bigcharts&dist=bigcharts
Can companies like CLL survive in a worst case scenario which can happen in Europe.It will effect grow and related oil price.So far oil is bottoming around the 80's zone but can it hold?
I 'm now happy my exposure to stocks is not that big in my total portfolio.At these moment nobody can say where we are heading.
So for CLL .Is it a matter of speculants oris there something not correct.
Can something also have to do with selling stocks for tax reason because I read here once you had to bring in stock profits into taxation which is not the case here but they talk about it now to implement that as well.