Re: Hedges
in response to
by
posted on
Jun 02, 2009 10:21AM
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
Brian:
all stocks are vehicles for trading as well as investing.One can be long on CLL and simultaneously day trade. The last 4 years have demonstrated that CLL has been both, a good investment and a trading opportunity as all companies are during their development phases..The investment will be realized when all the plans have been completed. We wouldn't be having this discussion right now had it not been for the meltdown, we'd probably be arguing about when Algar would be completed instead and SP would have been around $6 and nobody would be questioning CCL as an investment.
With GM and Chrysler in Bankruptcy,,U.S financial Stocks that just 6 months ago were over a $100 and are now less than a buck.. General Electric and Boeing Aircraft just starting to recover from share price drops of over 60%, Royal Bank went down to $25 and oil hit about $31 a barrel..NOT to mention all the POWER HOUSE companies that just vanished in the last 6 months,,
Don't you think it's a little unfair to single out CLL?