For some time I have viewed CZZ as a market darling - have not been able to make sense of the SP
Some people may base this on the China story whilst others on it's market dominance
However at the end of the day CZZ is an agriculture stock facing the same risks that all agriculture stocks face
1/ Mother nature risks - drought, flood, disease etc.
2/ Commodity market risks (supply/demand)
Based on the view that this is just another agriculture stock; my guess is that a SP base might form in the $10.00 to $11.00 range
Once a base is formed; the CZZ SP may lift a little based on performance; but I think the market darling stigma may have faded!
Only time will determine if my assumption is correct!
CZZ Price at posting:
$14.11 Sentiment: None Disclosure: Not Held