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

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Message: High Volume Manipulation

High Volume Manipulation

posted on Jun 11, 2008 08:39AM

The "Boys" are at it still!!

Connacher is being manipulated today in order to allow accumulation at prices very close to yesterdays closing. They buy in large quantities and then throw a few shares overboard on a low ask in order to limit the demand and subsequent higher share price. Observe UTS. Up presently 20 cents and still four years away from production. Meanwhile CLL up a penny and already producing in a ultra high oil price environment!

Brian

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