Connacher Oil & Gas Ltd CLLZF

I Guess They Were Right

[cantle]

First of all, I am not short on CLL or any other stock. I do not play that game. However, you have to give the shorters their due on this market call. For all those who were admonishing the shorts on Cll, they were probably shorting the market and not necessarily CLL. Cll was probably just one of their calls. I do not like shorters either, but they are part of the market. The real question is whether CLL is an investment or a trading stock. If you want to invest in CLL, hold on for a very rocky ride. If your a trader, the rocky ride will be a buy and sell opportunity. I still think that long term the fundamentals that drove the oil (and commodities) markets are still there and CLL has upside potential. The conundrum is not if but when will everything line up....the EUB approval and a market bullish on oil. Right now cash rules everything. As long as cash is exiting the market, it really doesn't matter what the fundamentals are. The next few months will certainly separate the men from the boys (and that includes all you ladies). Good luck to you all.