GREY:CLLZF - Post by User
Comment by
Rebels65on Nov 14, 2014 11:19am
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Post# 23129157
RE:They got grilled pretty heavy on the call
RE:They got grilled pretty heavy on the call
Big question is this. WHAT WOULD THE NUMBERS LOOK LIKE HAD OIL PRICES NOT COLLAPSED? Up to this point I'm not seeing a major sell off? In fact accumulation distribution has increased by 1 million shares in the last three days. Now I'm not a savy investor but doesn't that mean that the big boys are accumulating and not dumping? Hell for every sale there is a buyer;. If, as some would suggest, CLL is a train wreck, then why is anyone buying;. Why not just let it fall to zero? MY guess is that all in the know are looking at PRODUCTION, NOT short term oil prices.. GET REAL PEOPLE it's not the price of oil, it's the CONTINUED ABILITY to produce that's important. Oil prices fluctuate.