I guess my perspective is that it can only climb so high... and unless there is a fundamental shift in strategy or performance (one that sees either a significant re-rate, or a long track record of positive financial results), my fear is CCE will always just bounce along the bottom, and if one of those dead cat bounces returned 100% of my capital, I'd say my thanks and wish anyone who stayed for the ride the best of luck.
CCE Price at posting:
2.7¢ Sentiment: None Disclosure: Held