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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: Question for those that know

Rebels

"One small light to focus is the september 2003 bottom which is not far away from todays lows"

With this I meant the indexes not CLL.But if oil don't stop falling 0.75 could be next.But in the past we went from 1 to 2 very fast and within a half year up to 6 but that wont happen this time.

But Jurek has right .DG can't say right now what his cost is.So the lower we go on oil price the higher the risk and that's why we are at 1 $ .Looking to the chart I posted exxon in comparison with CLL it's quite a difference.That's the price for the risk.Looking to the pre opening we are in the green.European bourses are all in the green right now.

  • US Futures & Markets Indicators
Dec 2008 Change Level Last Update†
S&P 500 +32.30 780.60 11/21 3:56am
Fair Value 751.19 11/20 10:25pm
Difference* +29.41
NASDAQ +46.00 1085.50 11/21 3:55am
Fair Value 1036.74 11/20 10:25pm
Difference* +48.76
Dow Jones +304.00 7791.00 11/21 3:42am

Small thought.If we had sold at 2 we could picked up same amount of shares at half price and have same amount left as a gain or we could simply had bought twice as much shares .





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