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: Accumulation On Negative Balance

CLL under accumulation on an over time decreasing SP. On a good day for oil, like today when oil is up over $2.00, the SP gains 2 or 3 cents. But when the next day oil is down 80 cents, Connacher goes down 5 or 6 cents. This game will likely progress to a couple hour major down draft of 20 or 30 cents with subsequent short covering. Then the boys will let it go to the upside in an explosive up move. Of course "da boyz" will know that all has gone well with Algar ahead of this action. Otherwise, if trouble with Algar "da boys" will just collect on their shorts. Some things never change. Such as institutional fraud on the TSX!

Brian

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