There was no price consolidation from what I can see.
I would have to do more research though. However, in 2000 RIV was much higher than it is now. 15/3/00 $21.39.
In March 2004 it dropped to a low of 14 cents
Then in October 2004 during the days trade it reached a low of 29 cents.
From $21.39 down to 14 cents.....Need to research to see what went on apart from the global recession.
Much like I've said about CCC though.....Don't just rave about high's after a record low. See what it's trading average was and what company movements effected the market sentiment at the time.
I know one thing......It would have been nice to buy at 15 cents or so.
I would just be reviewing CCC though, if that's your interest, as CCC certainly has a great CEO Don Turvey at the helm and is moving consistently in the right direction for long term holders.
Have a great day
Cheers
CCC Price at posting:
72.0¢ Sentiment: LT Buy Disclosure: Held
