As we all know CIW is a very thinly traded stock and had seen no action for quite a few days/weeks. Today sees a flurry of selling just before the market closes.
Trading at lows not seen for quite a while (low/mid 40s).
Somebody got bored? Anticipating a lousy HY report?
CIW rarely brings a smile to our face but it clings onto it's reputation as a bottom draw (forget about me investment). Perhaps it may soon be re categorised to a stock that "regularly disappoints".
Stay tuned.
CIW Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held
