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

Free
Message: Options non existant---

Just home from afternoon shift and a lot of postings to read and a lot of emotion too.

2 violins has some good points though I'm also not so pleased to read this but toady we touched the lower band of the trading pattern and if we stay at this support then looks good.

I also read oilsandy's post and together with Brian and others I understand the feelings.IMO they really messed up a lot of things and made bad decissions earlier but once again like 2 violins pointed out which option was left over?.

If we set our feelings and disagree besides IF oil priced can go up and found a decent level were economy and oil producers will do well we could go up from here but indeed earnings will be divided a lot more now.

Like Brian said there is a lot of suppositions in the future too.We can only hope this was the final move for capital and oil founds support to a level they can live with in the near future.

But I also admit my support to management is very low right now.I've followed trough the years many stocks and always when something was wrong in a company the news from the CEO's always comes in slices.But on every part of the world it's always the same.If they do it fine or not these guys always found ways to give them extra's on other people's back.It's like the more money people get payed or earn the level of shame is dropping.

To Rebels.

Now we have to look if this sp can hold then the trading game can start again.

Share
New Message
Please login to post a reply