CCC 0.00% 0.1¢ continental coal limited

trading scenarios 4 the week starting 2 day, page-67

  1. 322 Posts.
    I have held options for some 2 months and got my FP allocation from DJC. My intension is to hold for at least 12 months.
    Currently this stock is a daytraders paradise, some have made money and quite a few have been bitten by following the mob. My belief is that the current sales are, in the majority, have to sell punters, they purchased yesterday and this morning in the belief that this stock was going towards 8/10c, There were plently of posters suggesting such, just what the daytraders wanted, sold into it, now punters are selling out and i think you will find that the daytraders will be back in again in the next day or so, hence the volatility suggested by some posters.
    If you have your stock on T3 yes its a bit gut wrenching, for medium/long term holders its irrelevant
 
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