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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 SirSquibbelson May 22, 2015 12:27pm
163 Views
Post# 23754672

A simple explanation

A simple explanation

There are currently only 500,000 common shares in play at this moment with very few of those actually willing to trade because frankly the share price is c-r-a-p and below what it should be.

What you have here is blatant stock manipulation, after all tell me what trader in there right mind buys and sells 12 shares or 9 shares. Someone that is manipulating the price which is actually easier to do with low volum higher priced share. Why are they doing it? Not really sure however they are obvioiusly buying and selling to themselffs at rather low volumes in order to drive the price down. We keep seeing a price spike when a real tader not a high frequency trading bot steps in and buys a chunk.


Will this stock go back up, I am betting yes because it really isnt in the interests of the creditors who are now the major common shareholders of this company for it to stay low.

05/22/2015 11:19 AM EDT E 2.68 12 -0.20 TSX 036 002
05/22/2015 11:17 AM EDT E 2.68 9 -0.20 TSX 036 002
05/22/2015 11:16 AM EDT E 2.68 9 -0.20 TSX 036 002
05/22/2015 11:13 AM EDT E 2.68 7 -0.20 CX2 101 009
05/22/2015 11:10 AM EDT E 2.68 8 -0.20 TSX 036 002
05/22/2015 11:10 AM EDT E 2.68 43 -0.20 TSX 036 002
05/22/2015 11:10 AM EDT 2.68 100 -0.20 TSX 079 002
05/22/2015 11:08 AM EDT E 2.68 11 -0.20 TSX 036 002
05/22/2015 11:06 AM EDT E 2.68 27 -0.20 TSX 036 002
05/22/2015 11:06 AM EDT E 2.68 11 -0.20 TSX 036 007

Bullboard Posts