Sorry and no offence but charting is emotional I think volture2000.
Buy because the company is simply undervalued and there are umpteem fundamantal reasons why the forthcoming reports and the months ahead will reinforce this. That is my unemotional position.
CCC is playing catch-up after the dilutions and the momentum is there to expect continued sp growth. Buying in large parcels with solid daily volumes has seen accumulation by some large institutions, obviously. To my mind much of this could be squirreled away as (in particular) we look at the AIM and JSE listings in the months ahead impacting positively on the company and its' sp.
Day Traders will have to ride on these institutionl buyers coat-tails if they can, I reckon.
The psychology concerning whole numbers etc I respect, however it is more the fact that as CCC breaks clear of 10cents that we will see leaps in at least half cents as compared to the miniscule .01 movements we are accustomed to.
Thanks, esp.
CCC Price at posting:
87.0¢ Sentiment: Buy Disclosure: Held
