CCC is not building this company for your ilk ie. short term traders. They are creating a platform for long term investers. CCC quite rightly does not care about short termers - they can take their chances and good luck to them. The only retail traders who will consistently succeed are the likes of Funky and a few others who have the tools and knowledge to trade what they see in front of them. They have set rules they stick to vehemently and that is to be respected. Those successful traders probably don't even know what CCC does.
CCC has suffered like the rest of the coal sector. Add to this the higher risk profile of a junior, some loose time lines that the smart money preys upon and the trader fueled emotion in the market, and CCC has suffered more than most.
But if you are an investor with a 2-5 year horizon CCC is a very sound option IMO. The fundamentals are too strong. The significant CCC partners and allies have more insight to this company than the whingers on HC.
In summary, if you're trying to trade this and failing, tough luck. CCC is not designed for your risk profile.
CCC Price at posting:
16.5¢ Sentiment: LT Buy Disclosure: Held
