Wednesday, February 17, 2010

CCL sells off quite hard after Financial Statement

It took awhile, but the market is finally seeing the overpriced nature of CCL - down a tonne in a market upday.

Good day.

My pair trade long GFF/ short CCL is finally breaking even - one more down day on CCL and I should be sitting pretty.

this is also another reason why holding a stock through a financial report can be a high risk proposition.