CCC 0.00% 0.1¢ continental coal limited

a lot of short term trading

  1. 150 Posts.
    I just talked to my broker friend in Patersons asking about CCC.

    Here is the answer:

    Sorry, Patersons Securities Ltd did not direct covered this stock so we didn't have research note for that one.
    And Patersons Securities Ltd has nearly 200 dealers and this year on CCC. Patersons did over 150m shares sales in total and bought around 65m. I think that will be a lot of short term trading and profit taking.

    It looks big players like to trade instead of invest in CCC.
    If you check the chart of last few months, you'll notice a pattern which is High Volume means short-mid term top and Low Volume means short-mid term bottom.

    Current volume is not the Low Volume yet. If you're an investor or trader and waiting for an entry point, watch the volume.
 
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Currently unlisted public company.

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