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Message: Re: November Dil-Bit /CLL SP momentum - Wetcoaster

Eric Nuttal was on BNN in Feb 9, 2011 proclaiming his purchase of CLL at $1.3/sh.

On April 13, 2011 (CLL at $1.45) he pumped CLL by saying......." there is not a better stock to own in Canada" and adding ....."it should more then double at this prices"

On Oct 13, 2011 (CLL at $0.39) he said CLL is ..." high risk because their debt level is extremely high"

On Nov 30 he said that: 80 - 85 cents is a reasonable point to sell.

Just to add to his investment philosophy in his interview he said that he never invest in the company whose management does not own 10% of the shares.

CLL management owns less then 1% of CLL shares.

Anyway, nice move today with total of 12.82 million shares changing hands on both exchanges. Good momentum will attract more traders and fresh money which is needed to continue this rally since the SP is moving slowly to oversold level.


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