Mike Kachanovsky: A deal in the making ? Mike Kachanovsky: A deal in the making
If you can stand the volatility the action for CCE lately is quite encouraging. I am not really concerned about low trading volume since the share consolidation has effectively reduced the float. The stock is putting in a nice rounded bottom and bumping up against the right shoulder of a 4-month RHS formation. I sense some kind of deal may be in the works behind the scenes, and PDAC is coming up in a month so it would be ideal if there is some major news event that may be reported immediately prior to that high-profile conference.
I still hold my core position in this stock and I am still well below my average cost but remain optimistic that the company may gain traction at last.
cheers!
mike
https://forum.mexicomike.ca/viewtopic.php?style=20&f=2&t=12167&sid=ecb938ea0bddbb880c6e0b4facbb8330#p217602