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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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CLL Activity Jan 14th-09
posted on
Jan 15, 2009 06:19AM
A few observations on CLL price activty for Wednesday Jan 14th-09: (looking at the intraday chart)
1) quite a few long "no trade" minutes or hours;
2) followed by, or preceded by, what appears to be "block trades";
3) price decline at end of day;
4) almost double normal volume traded;
A check against Time and Sales could confirm the brokerage houses involved, but it seems that these trades are predetermined and agreed upon in advance.