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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: Institution continues to unload---

Institution continues to unload---

posted on Mar 04, 2009 04:52AM

A couple of weeks ago I mentioned that some institution was putting in a huge block on the bid, meanwhile attempting to sell at a certain level.---That level continues to lower itself, as warranted.---Today, that institution, IMO, has set the selling point at the $.70 mark, and everytime that mark of shares has been purchased, another block of 25,000 is entered at the ask.---Anyone have any idea as to who this institution may be?---CHEERS!!!

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