Re: Starting to move up
in response to
by
posted on
Feb 03, 2014 12:34PM
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
Hey Terry
Yes CLL still holding at .215 now though the rest of the markets have seen a drop of about 1.5 % now.Good sign .I thought we should start positive this week but there is still no buying power in the markets today.Will depend how we close today.Hope we run up till the end otherwise a further downturn is possible to around 1500 points for the Dow Jones later in time.Then we have about 10 % of since the latest top and that's a bout a mid correction fase.A heavy one is mostly around 30 %In fact it would be a good starting point for stocks to move up again.See where we go after today.
I think to take some of the table around 0.3 level with in mind to buy back at 0.25 or something.
Greetz