GREY:CLLZF - Post by User
Post by
yitearpon May 17, 2012 7:04pm
343 Views
Post# 19923145
CLL will go up tomorrow
CLL will go up tomorrow To be fair it's not as though CLL is the only one taking a beating recently: CVE, LEG, BTE, SU, CNQ, PBN, PWT and the list goes on and on have also been destroyed- CVE @ $39 in March, today @ $31.6, close to 25% drop. If the big boys don't hold up, why would anyone think CLL could. Notwithstanding the macro stuff at play, CLL should be trading at NAV waiting for sale announcement to move the needle- if they come out and say no sale, then SP should get hammered. Until then I think the macro stuff is overdone now (CPG & BTE were oversold and bounced back today) and I expect CLL to go up tomorrow.