Quote:
Originally Posted by AME_VIP
US manufacturing and construction spending up?
Cll.to up 17%! Jason do you know why?
Posted via RS Mobile |
Honestly man, no clue.
I would assume it has a lot to do with the price of oil and the news on Athabasca Oil Sands selling out it's Mckay River to Petrochine.
I would also say it's fairly obvious that a lot of the holiday money that went away for xmas is coming back into play.
I'm a little torn right now about what to do with CLL, selling and buying back on a down day is tempting, as I would like to believe that there will not be a JV/Buyout now until after the next financials are out. CLL likely just wrapped up their best 1/4 in a long time and I'm sure they would like to have the influence of that quarter in the JV/buyout talks.
Then again selling and buying back in higher sucks, something I have already done once with CLL... I guess we will see as the day progresses.
Really though, I just need to chill, I bought this company based on fundementals, not rumors or hopes of a quick flip... so I should probably stick with Plan A...
Also, my next buy once CLL is sold/JV/share price hits my magic number will be Black Pearl Resources, PXX, they are also having a very good day.