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Fat Bloater

11,846 Posts.

14/10/14

20:28

Post #: 14124797
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Originally posted by MakinMoney ↑

Stock is in a major down from 15.00 and everyone is an armchair analyst. When the stock was 12.00 how many actually saw this coming. $8.00 for CCL ??? Very easy to be right when the market as a whole is in a mess.

Buying at these levels for the next 2 - 3 years is a smart move. Could go to 8 and could touch 9, investors should not care. It's a brand name, a brand millions still love and will continue to love. Let the dust settle and you may never see CCL at these prices again. This is a BUY and dont look back for a couple of years. Collect your 4.7% yield [much better than term deposits] and collect you capital appreciation in the future,

As for traders, go for it, I don't doubt there is money to be made either side.

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"Stock is in a major down from 15.00 and everyone is an armchair analyst. When the stock was 12.00 how many actually saw this coming."

MM chalk me up in the affirmative column for that call.

CCL Price at posting: $8.69 Sentiment: Sell Disclosure: Not Held
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