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Bullboard - Stock Discussion Forum Canamax Energy Ltd DTEYF

GREY:DTEYF - Post Discussion

Canamax Energy Ltd > why is this down?
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Post by wmstock on Feb 02, 2015 11:31am

why is this down?

I'm been trying to find some information on why this is down 7%, when oil is up.  Anyone have any insight to what might be going on?
Comment by RTWODTWO on Feb 02, 2015 4:39pm
Canamax is  a small company that is flying completely under the radar. The volume is low so that means that if someone want to sell a couple of thousand shares they will drive the price lower. This is the first for a long time the price of oil is on our side. From what I know nothing is fundamentally wrong with this company.
Comment by fortfry on Mar 05, 2015 3:02pm
Its called a bear market. Everything gets punished. In case anybody cares I have been pumping LTS and bashing PWT. Just came across CAC and think it looksinteresting at least the chart does. Looks like the common is set up for a move a dollar at least and thats with 50 dollar oil. Would that make the warrants a screaming buy?
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