HH love those lines! And projections on upper level seem conservative to say the least - no here near 18 in the immediate future...unless speculative forces take control again. in any event if CAP is 'forced' below 8 one has to buy more, because the 'bounce' will certainly be there.
Sinking below the 8.75 line so what depths are yet to be plumbed? but no share trades over 56K so this market is secondary to the real game. Brokers still hyping the stock for 18p target or even 25 so anything under 8.7 must be seen as a buying opportunity which may not be seen again as the company's 'fundamentals' begin to dictate stock price vs speculative dreamers
Nothing but odd lots sold this morning with buyers call the price @ 9p with rare deviation to 9.23 and above, with 45000 being the rare big trade of the day. But no rush again for the fire exit so far this week
HH Let's hope!! Consolidating upwards towards 12-12.5 would be most encouraging, with 18 on the horizon.
130K traded @ 9.50p just before the bell Friday so interest/resistance seems to be there a little higher than 8.75p
£54,000 worth of shares traded at 9.04 so somebody serious is buying, and 9p is the real market price. Previous highs of >11p before the report factored in too much blue sky
Nothing like a 200K sale @ 9.40 and 80K moving at 9.20 before 0900 to rattle the cage, shake out the doubting Thomases and faint of heart. Apart from that, all other trades have been strictly penny-ante with only a few orders at even 50K shares. At this moment the HL sell is 10.25 and 11.0p to buy with sellers getting their price at a ratio of 2:1 to buyers
Whatever happens in the next few days by way of reaction to, and after the report, could you live with yourself? if you took >50% of your profits, only to find that CAP was taken over within the next two weeks for £1.50+ a share based on the value of it's proven and viable intellectual property!
14:39 50K moves at 10.78p and 14:41 17775 traded @ 11.05p Conclusion: anybody with fiduciary responsibility has already bought long ago. Or must now wait until AFTER results are published as they can not buy on speculation of performance
Demand reasserting itself no trades over 50K and the stock is still languishing in backwater of market attention
Sentiment day to night from yesterday as sellers cash out around 10.5p level at a ratio of 6:1 against buyers who are buying odd lots at best. So far volume so low as to be irrelevant. In fact even Tuesday, with all the 'excitement', the total value of all trades was only around £160,000 which is insignificant compared to the total value of the company at £22 million then. Now it's down to £19.5M The people who 'know' what's in the pipeline have already got their shares and are sitting on them. Offer to buy 500K or 1M shares - the price demanded will tell you what the real market is. And it's not the 'froth' we're playing with on a daily basis. We ain't seen nothin' yet.
Looking back end 10/11 before shares dived to 4p (and again rose to 20p) this was the period when anybody knowing where US truck engine builder Navistar diesel range was headed would have got out of CAP early! Because Navistar's old diesels had to be withdrawn over emissions non-compliance - but they had never invested to develop a new clean range - so they had no demand for CAP units. People walked away from CAP before the news that the Navistar deal fell through for CAP came out! So yes, there is an 'inside line'...
No offer for 90K shares at any price at this moment
KC The serious money still isn't ready to play