simple really..for the past few months someone out there been trying very hard to bring down the stock price,downramping,influencing the market to push the sp to the lowest point so they can accumulate lots and lots of it. The essence always remain the same, CCC is fundamentally strong,has good management and producing one of the most sought after energy i.e thermal coal for the world 7 billion people (keep counting up) and they have lots of it...as warren buffett said "Time is the friend of the great business" as long as the world still need cheap energy, I wont be surprise iff CCC can go up to at least $2 (the question is when? only time will tell).
CCC Price at posting:
28.0¢ Sentiment: LT Buy Disclosure: Held
