Something is happening with the CCP SP that has left me baffled. The SP is on a very path than I have seen before. A year ago, the SP hit $13.58 before sliding relentlessly (primarily due to selling by 'Georgia' and 'Denver', even though there seemed to be little 'value' logic to that selling) until it hit a low $8.61. Since then the SP has risen over 90% (over 100% in USD terms). Now it seems to be moving relentlessly in the opposite direction. It is as if the equivalent of a reverse 'Georgia' or a 'Denver' is now relentlessly buying, even though there seems to be little 'value' logic left. I am perplexed by the behaviors of these 'professional' funds.
K
CCP Price at posting:
$16.43 Sentiment: Buy Disclosure: Held
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