Gus The problem with this stock is that it is held by lots of very small players, in conjunction with the fact of the enormous number of shares on issue. I don't think there is big money playing around here. At least not since Och-Ziff quit the scene. The problem with all these small players is that if the bills get too high at home, or things don't go as planned, they have to sell. It doesn't matter what the long term prospects of the company might happen to be. When they sell they just take the BUY offer. So it tends to naturally drive down the stock. Sure BOTS play with it from time to time as well outlined by ABU. I know there are plenty of people who play with stocks to produce a particular happening on a chart and I'm sure all those things happened around CCC. However the core problem is the type and number of holders and quantity of shares. Note in saying that I am not promoting a consolidation. That is not a solution. The solution is as stated by pisces.
CCC Price at posting:
49.0¢ Sentiment: LT Buy Disclosure: Held
