Had a read of your thoughts in that earlier post and kind of fits mine in that I see the market cap of such companies tends to float with the market but nearly always remains within certain parameters.
CCC wouldnt have wanted to have dropped too much further though.
What people should also watch for is when the company moves into a form such that it is a better risk for the lower risk funds.Usually a solid profit performer.
Its always about having buyers at the next level whether a short term trader or a fundamentalist.Fundamentalists tend to wait on the pension/super funds participating though.
d.
CCC Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
