Brian

There's so many aspects and methods of technical trading my brain is going numb. I'm studying it to better understand what's going on and it's helping..However that said you're still correct about manipulation, however I'd prefer to call it trading strategy.

Regarding CLL..I think DG is an extremely competent President and is doing a good job. One must remember that the meltdown occurred around the same time Algar approval was announced..There are so many factors here, had the Alberta government not dragged it's ass on Algar, it would have been much further ahead when the meltdown hit and completion may have been the best option as opposed to putting it on hold. Had the meltdown not occurred Algar would have been near completion by now, Cash flow and Earnings would have been good and SP may have been around $7..ALas here we are,DG had to cancel the financing as the creditors were asking insane new charges..

What's going on now is, IMHO, DG trying to strike a a balance between dilution and new debt to achieve more cash ( really just looking to replace the previous credit)..We're in the negotiating phase and the announcement may have been required..Let's give DG the benefit of the doubt and see what he arranges prior to us demanding his head on a platter. Who knows, the new deal may be better for CLL than the previous one.

I'd argue that frustration is only a phenomenon of shareholders..HORROR about the present conditions would probably better describe CLL managements mental state,,that's OK,,the best decisions occur when one is scared and fighting for ones life.