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CPP – Now 12-13.75p if you have not closed do so now

Tom Winnifrith
Monday 3 December 2012

As you may remember, I advised shorting this AIM listed financial services group at 26.75p on 21st November on the basis that the chances of a bid for CPP (LSE: CPP) happening were zilch. That was because I had taken the trouble to find out that the putative US bidder (Affinion) had no cash. A week later the bid talks were called off which should have paid for Christmas for anyone who took my advice.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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