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Connacher Oil & Gas Ltd CLLZF

Energy Oil & Gas Integrated
"Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen. Connacher holds two producing projects at Great Divide are known as Pod One and Algar."


GREY:CLLZF - Post by User

Connacher Oil & Gas Ltd
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Comment by rehsifylfon Jan 25, 2011 12:47pm
366 Views
Post# 18023317

RE: Price of oil dropping

RE: Price of oil droppingThe thing is that INVESTORS don't care whether crude will touch $80 in the short term nor do they care whether it will touch $120 in the short term - INVESTORS care where oil will be in the medium to long term.  That is why there are ZERO billionaire technical traders and thousands of billionaire investors.

If it gets to $1.28 or $1.24 in the near term, good for you.  Me - I'd rather not gamble on a fews cents when I'm in this for a long term double or triple. I've got all I need in my account, and in the long term I'll be laughing and the smart guy traders will miss the boat.  It happened in Bankers and it will happen here and in STP.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities