I'm so frustrated by this stock. I was just over breakeven yesterday, and was considering exiting the stock all together, but I thought today's report might be good enough to get a bit more from the share price.
Unfortunately, the report isn't that good. It isn't bad either. But according ot the AFR, some analyst at an organization called E&P Capital have said that Credit Corp have undershot expectations.
So I think it's being sold off because investors were hoping for a more rapid recovery and better growth.
But the share price may recover in the coming days, hopefully into the mid to high $17 range, if not $18.
CCP Price at posting:
$16.09 Sentiment: Hold Disclosure: Held
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