CCC continental coal limited

unkymonk 63 your input here is without doubt the most respected...

  1. 2,674 Posts.
    unkymonk 63
    your input here is without doubt the most respected and valued by all .
    I agree with your post to a certain extent --but would like to add
    history showed ---in the last cycle that ccc/s low from memoryafter reconstruction was 16.5c even with going through the global fin/crissis ---it did recover within a long period , to that high of around 28c ---If people like me sold I would be saying what a great share not only could you ride the stock up with a long term view
    THERE WERE THOSE SURGES OF A FEW CENTS ,then the dumps as they are referred to (buying opportunities really )

    IMO --CCC HAVE A LOT OF REASONS TO RETURN TO THAT PRICE 28C

    there will be dozens of surges forward ---then retractions
    as we are seeing this week -will it peg back or will it run through 12c & higher to each their own as to deciding

    the best way forward if you think ccc have UPSIDE & POTENTIALLY COULD HAVE A BIG RUN ---ON NEWS FROM PENUMBRA START-UP --OR--BOTSWANA NEWS

    THEORETICALLY HAVE A HOLDING PARCEL --AND A TRADEABLE PARCEL --------THAT WAY YOU ENJOY THE BEST OF BOTH WORLDS

    iM A TOP TEN HOLDER ---BUT AGGRESSIVELY BOUGHT LAST WEEK
    AND SOLD MOST INTO THAT STRENGTH YESTERDAY
    TO COVER HOLDING COSTS ON MY LARGE HOLDING
 
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