There is merit in further reducing the price of stocks that fall due to bad news (like MTS) to ensure unwary buyers do not pay too much!!
I am curious though about your interest in CCL as you must (obviously) be expecting it to fall further.
The overall market is already rising strongly and most of CCL's drop in SP occurred in May/June when the market corrected. CCL has already dropped around 20% before due to its grocery price war. Is there much more scope for a further drop in your humble opinion?
Do you short the major banks out of interest?
CCL Price at posting:
$12.35 Sentiment: Buy Disclosure: Held