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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: CLL is being box traded

CLL is being box traded

posted on Apr 30, 2009 07:02AM

I think CLL is being box traded by HOU.... same houses controling the price of HOU in relation to the price of oil contract.



In the pre market investor forces show the true investor scentiment. The trading by CIBC, TD and National bank start at the open and overwhelm the individual investor. These houses have wash traded CLL over the past 2 weeks trading for the most part between themselves.



CLL is reflecting the oil price more than investor scentiment under these conditions.



HOU and others have become the tail waging the dog.... To say they have no impact in the market is understating the facts.



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