The chickens are coming out to roost for CCL. Liquid sugar is meant to be doing better with the hot summer. The company needs to forcefeed the Indonesian market its infidel liquid gold faster and harder!
Suspect there will be more downward price action to bring about a fairer price. Room to move imho. Down to $10.50-$11.00? There are clearly people getting out of the stock - a 2.63% drop today is a big fall for CCL.
Bloater's shorting strategy seems less risky than going long. The company's next quarterly update may add some more bad news to the mix? Competitive pressure from Pepsi (read 'price war') doesn't just stop overnight.
The chickens are coming out to roost for CCL. Liquid sugar is...
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