CCC continental coal limited

fees, page-31

  1. 2,674 Posts.
    unkymonk 63
    your input here is without doubt the most respected and valued by all .
    I agree with your post to a certain extent --but would like to add
    history showed ---in the last cycle that ccc/s low from memoryafter reconstruction was 16.5c even with going through the global fin/crissis ---it did recover within a long period , to that high of around 28c ---If people like me sold I would be saying what a great share not only could you ride the stock up with a long term view
    THERE WERE THOSE SURGES OF A FEW CENTS ,then the dumps as they are referred to (buying opportunities really )

    IMO --CCC HAVE A LOT OF REASONS TO RETURN TO THAT PRICE 28C

    there will be dozens of surges forward ---then retractions
    as we are seeing this week -will it peg back or will it run through 12c & higher to each their own as to deciding

    the best way forward if you think ccc have UPSIDE & POTENTIALLY COULD HAVE A BIG RUN ---ON NEWS FROM PENUMBRA START-UP --OR--BOTSWANA NEWS

    THEORETICALLY HAVE A HOLDING PARCEL --AND A TRADEABLE PARCEL --------THAT WAY YOU ENJOY THE BEST OF BOTH WORLDS

    iM A TOP TEN HOLDER ---BUT AGGRESSIVELY BOUGHT LAST WEEK
    AND SOLD MOST INTO THAT STRENGTH YESTERDAY
    TO COVER HOLDING COSTS ON MY LARGE HOLDING
 
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