GREY:CLLZF - Post by User
Comment by
Tradesmanon Aug 22, 2007 11:24am
292 Views
Post# 13283146
RE: Shorting?
RE: Shorting?I don't think we need to get paranoid about CLL or the "shorties" who accompany every stock.
The fact is that CLL has not really performed any differently than most other energy stocks in recent weeks. They've all been affected by the same issues. In fact, CLL was holding up nicely until the sub-prime mortgage fiasco occurred.
In times like these, it's important to be sure that your portfolio contains good solid companies and CLL definitely belongs in this class.
Having been long CLL for several years (and very satisfied with the ROI) I am confident that CLL has a very good future ahead of it.
Do not forget that we are in a multi-year super bull cycle in Energy and Mining. This correction is just a blip on the long-term chart.
Go Connacher!!!