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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
Comment by Rebels65on Sep 19, 2014 2:07am
171 Views
Post# 22950853

RE:RE:RE:Might as well get in on the action

RE:RE:RE:Might as well get in on the action
It's easy to make a boat load on CLL, just not retail investors. We can only choose an entry point where we think the bottom is then sell at a guess of the high. Big boys make the cash cause they create the 52 week lows and the 52 week highs. More importantly THEY can short ( retail platforms don't allow shorting on stocks under $3) allowing them to make money up and down. Last cycle there was a .20 cent spread between low and high. Buy a million shares for $160k  sell for $360k..Then short the same amount and $360k and cover at $160k and do it all over again. So they just made 400k on the cycle..Nice commission for the trader..So technically any trader at an instution with enough cash to buy and short millions of shares can in fact buiy a mexican villa on his commission.
Bullboard Posts