Marlboro
CLL has been heavily manipulated since it's creation, current SP is more of a reflection of this manipulation than company performance. You don't find it odd that on Aug 2nd when it was announced that Rothschild was commissioned to find a JV CLL closed at $1.02 then suddenly over a few months went down. to .235? It's pretty obviously it was shorted down so a killing could be made in the event of a partnership or sale.
As far as accuracy is concerned, this is the guy that said CLL needs $55 to break even after being proven wrong last quarter..The guy admits he guesses the bitumen prices even the he presents them as fact.
Same guy that is now implying CLL would be lucky to get a buck..said on Sept 6
I speculate that the CLL SP will move on the news to $1 to $1.2 price range.
http://agoracom.com/ir/Connacher/forums/discussion/topics/498351-institutional-investors-way-up/messages/1590098#message
This onVery interesting. CIBC is entertaining sale possibility of all CLL Oilsand operations. Hopefully this could bring $1.6(?) offer for the common shareholders. June 29
http://agoracom.com/ir/Connacher/forums/discussion/topics/490087-cibc-on-the-cll-jv-alternatives-total-buyout-possibility/messages/1568700#message
I guess accuracy, like beauty is in the eye of the beholder.