CCC 0.00% 0.1¢ continental coal limited

exploit the cheap prices, page-4

  1. 1,854 Posts.
    FWIW, CCC looks to break the early September 5.6 cent low before advancing to new high's.

    If we agree price entry is pretty important to the end-of-trade bottom line, that is, your percentage profit, should it be realised, then another cent saved will mean quite a difference.

    Analysis is all about probabilities. Mine have been wrong before, and will be wrong again. It's what you do about being wrong that matters.

    In the end, I echo the idea that these are very low prices. If seeking the bottom of any market move is fraught with risk, which it is, and few get it consistently right, then why bottom pick?

    Buy now, period.

    Just make sure you can withstand the 'probable' near-term degradation in price. It won't last long...
 
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