I have confidence as volumes are strong - over 1% of shares traded today. So any sellers nervous of the high price are being soaked up by others.
We need to remember that although the PE is about 19 the PEG (PE/Growth) is at 1 so about fairly valued. Part of the issue is that we are used to seeing CCP undervalued - no more.
CCP Price at posting:
$18.98 Sentiment: Hold Disclosure: Held
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