Agree BB - I guess they are not yet willing to accept that CCC has some real problems. I have learn't the market is usually correct when you see the price going down like this. It will only take one thing to go wrong with anything CCC is doing and the company is finished. They make promises they don't keep. I sold on Monday at the open at $0.091. Cannot believe I had a sell in for $0.088 and someone was trying to pump the price to make out the announcement on Friday wasn't so bad. The potential for a cap raising at 6 cents is very high IMO. Who knows if CCC does start looking good I might be able to buy back in at 3 or 4 cents effectively doubling my shares and averaging down. I took my 90% loss and invested in a stock that will make 1000% soon. The only way I could think if re-couping my loss with certain amount of certainty. Everyone just needs to think about this - stock brokers were recommending this stock at 70 cents as a long term buy. Do you honestly think CCC will gain that support again. Not in your life. Any broker or investment adviser would not take the risk of again putting their investors at risk of loosing another 90%. CCC are the route cause of all this by making promises but doing that, just keep making promises with nothing eventuating. Look at the $10 Million sale, how long has that going to happen and now they want to raise $10 Million capital. If they were serious about running this company they would try and sell that asset to someone else and tell the other mob to bugger off. Its no different to me selling my car to you. I want my money reasonably quickly.
Agree BB - I guess they are not yet willing to accept that CCC...
Add to My Watchlist
What is My Watchlist?