1. MY CCU holding is down 70%. Some of my Gold holdings have hit that level and gone back up, some into positive territory.
2. CCU - SP being hammered is normal. But I do smell a rat. Is it Management - a gold/silver mine a hole in the ground with a liar standing at the top? Is it a major player driving the price down to play White Knight? Is it a Grey Swan?
3. POS. It'll rise on a stairway of pain (A KWN quote). Volatility is like breakfast - you got to eat it.
4. Fear and Cycles. These markets are now based on fear - Ukraine, no QE punch bowl, China goes down = halve your Aussie property value and keep paying off the bubblized loan. For newbies, a small flutter in CCU and other PMs could be the best bet you'll ever make, in this cycle.
CCU Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held