CCC continental coal limited

how can a $175m market cap be justified?, page-24

  1. 3,312 Posts.
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    it could be tinny, or it could be that the company just sucks.
    Or it could be that holders are just fed up.
    Or it could be just that the whole market is tanking due to general market sentiment
    Or it could be SA companies tanking due to poor SA sentiment

    The real skill comes in picking whether this drop in price means that you need to 'sell' the company because fundamentally its weakened or is it actually better 'value' due to a strong business with an inappropriately low price.

    Everyone has an opinion on this matter, but what matters is that you are able to research the facts and analyse the situation well enough that you can form your own opinion. Once you have an opinion you then form a strategy to buy/sell/hold/trade etc the share that best suits your reading of the situation.

    I believe its getting sold down because most people who invest are dumb and follow the herd.

    I could well be 100% wrong, it might be that CCC just simply sucks and will lose alot of money. If it is, ill take the 20k odd loss that I'll receive on the chin and move on.
 
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Currently unlisted public company.

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