GREY:CLLZF - Post by User
Post by
rehsifylfon Jan 05, 2011 11:50am
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Post# 17927527
Next Leg Up
Next Leg UpNo change in disclosed analyst rating on CLL right now, but I believe that the some upgrades will be announced within the next week as long as Oil doesn't drop below $85. I haven't used a broker for a few years, but do have a friend that covers some O&G stocks (not CLL) for a major. The sale of battrum, the good Dec production #s, and the announced drilling all give ANAL-ysts a chance to justify why they would upgrade the stock.
The jump up by 7 cents at the end of the year was an effort to keep somewhat of a lid on CLL and it is ready for the next leg up. I think it will be more than the last two 10 cent moves.
Hold for the Gold on this one.