GREY:CLLZF - Post by User
Post by
bigguy6on Feb 24, 2011 2:43pm
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Post# 18188901
Buyout??!!
Buyout??!!What's up with CLL?? ...pardon the pun:)
Realize CLL is a highly leveraged play to oil prices...but this kinda movement doesn't look like it has anything to do with oil price.
Rather CLL seems to be trading the way PDP did just before GTE buyout!!! Has RG caught the 'buyout fever' ....or is the news he's resigned??? Either way...something's up and moving this play big time on an otherwise pretty big down day.
Technicals also looking promising. I think $1.95-$2.00+ is doable....and that's w/out news:)