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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

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Message: Re: Bad Timing

Nov 10, 2010 10:11AM

Market drop and i expect a big correction now...

We should see 1.10 tomorrow

Don't think it will be so severe.As for CLL normally Q3 figures are prices into the sp .The stock market always runs ahead .They will focus on next Q to come and those who sell will be picked up rapidly.Could be we see a down move at first and till end recover.Selling at these sp is a little stupid right now.Stock is oversold right now.

I guess stock markets will perform not bad until next year.There is evidence that the crisis is over right now so figures to come could be ok.By mid next year things could change.

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