cop
In my opinion, there is nothing wrong with Connacher! It is a well managed company with tremendous growth potential. The share price is only off last years highs by 25- 30 %. Compare with Apple computer, a premium blue chip technology company, which has been off more than 40% of last year's high. Major chemical companies are off as much as 25 - 30 % of last years highs as well. Pity the poor folks who had invested in blue chip financials, just look at Bear Stearns from a high of $155 last year to a few dollars this week. The market was on the edge of total collapse. The fact that Connacher, a relatively unknown junior oil sands company, has basically held its own, speaks highly for its potential as a extremely good investment!
Martin