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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

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Message: Re: Shorts
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Apr 16, 2008 12:36PM
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Apr 17, 2008 02:49AM
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Apr 17, 2008 04:30AM
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Apr 17, 2008 04:47AM

Hi Brian

I try to figure out to at what level they will try to turn .I think it's the 4.4 mark again.But this year IMO we can smash this level if we have more Q # coming in + updated reserves.

I think this level will be broken by higher volumes then normal .It's also a technical point in the chart where we can left the 2.5 years trading level thus technical chartist will see this as a buying moment and shorts will loose the battle at that point.Then the sp could quickly fly to the 6 .

JMHO

 

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