Takeover is not likely to happen as the assets aren't great (tiny money-losing refinery that nobody wants, sub-par production reserviors and mediocre reserves), and capital will be held back in an environment like this.

Plus, if they do go belly up one would be able to acquire these assets much cheaper at the auction, so why not wait.

Rebels, I'm short 70k shares, so covering won't be a problem with the 4+million volume. I am not here to downtalk CLL as I have already made money. My intention is to sound the alarm bells for all of you!

BMK, I don't actually dislike you, I just found you to be really stubborn with me.