Re: Shorts

Welcome to the Connacher Oil and Gas Hub on AGORACOM

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

sharky

Rank: President [?]

Points: 5193 [?]

Votes: 31 Score: 3.3 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Shorts

in response to

Re: Shorts

BKM8572

posted on Apr 17, 2008 04:55AM

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 .