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11/12/13
21:30
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"Bloater,
How low do you see ccl going? "
John I was never sold on CCL's blue sky valuation.
The biggest risk I see is they do business in the Australian hating islamic republic of indonesia and in my view it carries a lot of sovereign risk.
I wouldn't buy shares in a US company operating in Iran either.
I'm prepared to short it and close out when ever it moves against me and short again if the move is substantial enough.
I can see the possibility of multiple, profitable trades fromm this one.
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