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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

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Message: Trading volume

Most of today`s trading volume comes from big blocks traded by RJ and TD Securities. All of them were swaps on their own accounts.

RJ traded 2 X 400,000 and 1 X 500,000 CLL shares

TD traded 1 x 512,000 shares.

In addition the above suspects plus CIBC World Market were selling and buying smaller blocks 30,000 to 70,000 shares. The most active buyer, as far as I can see is RBC Capital.

The interpretation of this trading session will obviously depend on your position in CLL stock.

Personally I think CLL is in the oversold condition (RSI under 20) and maybe ready for the short term bounce.

PS. Congratulation Sharky on Your purchase. Good choice. Mustang would be a terrible car to own in Europe.


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