capita

AdeMcG wrote: Watching this from a distance.....it keeps getting lower and even on bounce days, there is a seller moving this down behind the scenes it would appear.

Short interest isn't that bad.

Now, this company is just in big trouble (for now), that's all.

but my goodness.... down 40% on the day. I thought it was worth a punt (I worked for the company as part of defending our country's Cyber in the past)... I think i still have a pension with them somewhere too....

As per Trendfriend's sound advice - stay out for now.

Watching this from a distance.....it keeps getting lower and even on bounce days, there is a seller moving this down behind the scenes it would appear.

cpi - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...seuiUbdV8yLQXljpfbE=

under normal circumstances this trend channel should have held....but these are not normal times...

uk.advfn.com/p.php?pid=chartscreenshotsh...mM5MjA2ZteZ9yOTDb7g=

the close up shows the bounce of 58p...almost a hammer candle then the channel failed

I hope no one bought or is holding here...without a stop in place...
I don't know how low this could go imvho...stay out for now...

atb, wdik, dyor,
trendfriend

I see several director buys today to help prop up the SP
www.investegate.co.uk/Index.aspx?searchtype=3&words=cpi

SP came back from 18% down to around 8%....let's see where it moves next, certainly one to add to the watch list for now.

cpi- daily
uk.advfn.com/p.php?pid=chartscreenshotsh...23CGiK3VEWIVWMOSI%3D

58p should hold for a dead cat bounce upto around 100p area imvho....

Maybe an idea to wait for a retest of 58p before entering....with tight stops....

atb, wdik, dyor,
trendfriend

Anyone watching this?

It took a hell of a beating.....

74p now I think? (just a few years ago, it was riding high at 1300p).