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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: Observation "FWIW"Bobert"
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May 28, 2009 02:27PM

my nickname on the Golf Course is "Cranky"as for my investment in Connacher I have been pushing averaging down for quite some time now,I have done this with other stocks PMT.un another cant remember name but it was the first one I did this averaging bit,suffice to say I paid $2+ USD only to see it dive to .06 then it climbed to where I sold most at $16.00 watched it approach $31.00 and now have 8000 shares worth .00001.Contrary to what some will say dollar cost averaging works ,it a tried and true way I learned when invested in Mutual Funds,no reason why it wont work with Connacher...

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