Dan:

My own feeling in your position, would be that two elements need to show me something before I would risk additional funds on CLL.

First, the economy needs to demonstrate a sustainable recovery. Were the economy to tank again, Connacher would not only be vulnerable, but likely more so than companies with a longer span of stability. Secondly, Connacher needs as a company to demonstrate its ability to execute on their business plan. Such has in my opinion, been called into question not only through history, but over the events and reactions on the part of Management over the past thirteen months.

The only thing worse than losing money is to double down and lose even more. At the same time, if Connacher is able to turn it around and if the economy is able to sustain itself, then you will likely make money anyway. Maybe not as much but, with less risk!

Brian