Rounding bottom, support shown to be very strong on the $9 line.
Market has been getting dumped the whole month. CCL has stood strong on $9. It'll take something ugly to go any lower.
Don't believe coke is a one trick pony, don't believe that coke sales won't pick up, and don't believe profits can't grow.
Expansion, diversification and cost cutting.
This is currently being undertaken by the most experienced MD's in the world. Good results are on the way, patience is the key.
This is buffettology 101.
Wealth;
"the transaction of money from the impatient to the patient".
GL
CCL Price at posting:
$9.03 Sentiment: Buy Disclosure: Held
