CCC 0.00% 0.1¢ continental coal limited

10% stop loss?! this stock can move on that amount in a jiffy.....

  1. 9 Posts.
    10% stop loss?! this stock can move on that amount in a jiffy.. 10% is what traders are looking for..

    If you are putting money in here, put an amount you are happy losing, put no stop loss on.. and give it a year or two.. the money will go down the drain or multiply by several 100%s.

    Putting stop losses on some stocks plays into the hands of day traders... be wise, put less money in and leave it..

    CCC seem to be getting themselves going forward in the right direction.. they have a habit of getting too excited and releasing news that is a bit premature.. but their production figures are improving, and their mines are cash positive, so if they keep their costs in check and the coal prices firm up a bit there is a future here.. its whither you have the time and patients.
 
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Currently unlisted public company.

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