Well, the market has spoken loud and clear. CLL shares are down 5% on the Q4 report card.

Once more suggested strategy of selling the CLL shares before the report release prove to be a successful. The pattern is very clear. SP momentum is build up on the promises and after the reality check the CLL SP moves back to the previous trading range.

Loosing money at WTI $75 to $80/bbl is very discouraging. High debt and mismanagement of shareholders equity taking its toll.

Some very entertaining posts on the board today.

Selling $1bilion tax loses for $500 millions.

Suggesting that this is good asset which can be sold is very funny. Over the years management received about $1.8 billion (about $5 per share) from the different type of shareholders.

What they give us in return is $1 billion in tax losses and $1.4 per share in equity which we should be proud of, according to some posters.

There is no market to sell the tax loses and if you buy the corporation with the large tax pool you have to get OK from the Canada Revenue.

Just curious, why would someone pay the $500 million for the $1 billion tax pool when the corporate tax rate is about 32%?