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Connacher Oil & Gas Ltd CLLZF

"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

Bullboard Posts
Post by leveraged1on Oct 20, 2013 10:35am
432 Views
Post# 21831311

bnw - 21 cents

bnw - 21 centsI envie your 21 cent purchase price level.

I brought my average price way down by doubling up at 8 cents. Then doing some recent adjustments at 20 cents to even up my average price to 50 cents.

My highest purchase was at $1.70 back in 2008. Somewhat later I purchased in at the 60 cent level and thought I was doing well, as the stock went up over my then average price of $1.15. I did not get out., then CLL subsequwntially tanked. I doubled up at 8 cents that took my average down to 62 cents and now with recent purchases, it is an even 50 cents. All this buying (over the years) to average down, has me in for over 5 times the number of shares you have.

Has anyone else been dragged along (averaging down) over the years, to anything like this extent or has everyone else  been smart enough to just get out.  I had the sense - Troy a horse - was getting out in the high 20's (low 30's) but recent posts indicate he is still be hanging in there.     
Bullboard Posts