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CPI has always been a slow mover. Since it didn't bounce back from the drop I expect a slow rise to the 20s over the next few months.

IG shorts are currently at 8%. Guess some closed in the 13s on Friday.

Of course people have stopped trading. Everyone is sat on losses in all their stocks as a result of IIs fleeing the UK markets.

"the market is forward looking"

That's the biggest joke I've heard for a while on these forums.

Someone wants out of here no matter what they get for their shares. Going to be the bargain of the year when they finish.

Does it not make sense to sell and buy back cheaper? I think that's what happened when it hit 19p earlier in the week. It's a better strategy than averaging down as you're not putting more money in, but at the same time you are bringing your average down as you end up with more shares. It's a tough call though, hard to say where the bottom might be.

The trades being printed are meaningless. Something big is happening in the background that is being kept from those of us who only have access to the printed trades. I'm surprised we haven't had an avalanche of TR-1s.

The markets are funny. I expected a drop following the hack but the big question is...

Is the company really worth about 400m less than it was back in March as a result of the hack and making a 70m loss? Probably not. The company needs to show it can make a profit and then that value returns.

To be fair AimMaster2018 is the only person getting this right so far. None of us thought it would get into the 17s but he got that right. Of course he has predicted every single number below 20 so that's not difficult. Maybe I will correctly predict 18,19,20,21 etc on the way up.

I still believe he has no intention of buying and is just here to troll the board. Either that or shorting.

Given the rate of decline we may well see 15p in the short term as I don't see anything stopping the rot and there has been silence from the company since the results. They need to be doing investor events and convincing the market this isn't going bust as that's what the market is currently pricing in.

This will drop to 16p in my opinion. Everything I buy drops immediately by 20% and hangs around that level for months before going back up. On the other hand if I sell tomorrow there will be an instant 20% rise. I should add that prediction is based on nothing but anecdotal evidence.

IIs don't like loss making companies right now. A lot will have internal policies to sell or not buy when big losses are made.

Plus, would you buy when the knife keeps falling or would you wait for the bottom? I bought premature and added when I thought it was bouncing, but then the knife dropped further. I haven't bought any more as there's no signs of it stopping.

Trading has looked pretty flat this week until today, which is a shame as 18.5p was looking like the bottom. Now 17s look nailed on and 20s the stuff of dreams.

Capitalizer, are you suggesting certain IIs are trading on inside information? Pretty sure that's illegal. Wild accusation to be making!

I'm pretty sure the share price jumped from 5.5p to 13p on FSS and the new 70m contract, not IM. So I would be surprised if it drops to 6-9p on a negative result. Unless we're going to assume the original 5.5p of value was IM and that suddenly becomes worthless - which we also know is not true.

That said, the market doesn't follow logic. Expect us to win the JR and drop 10% on the day. That's how AIM works.

Rogue River, is your 9% not wiped out by the fact the share price is down 15% YTD? I don't see the appeal. If I want my money to do nothing I leave it in the bank.

I remember JL saying last year that next year (2023) we will have IIs more interested in buying this stock. Nearly a year later I'm still not seeing any evidence of that. In fact it looks like the opposite.

Forrest you only seem to appear on this board when the share price is declining. I'm surprised Hebridean9 and others who do similar haven't shown up yet with their bile.

No doubt back in March when the share price was rocketing into the 40s people were saying what a great job JL has done with the turn around.

The way I see it, JL has done an awful job residing over a share price collapse from around £1.72 (google figures) in January 2020. Why did it never recover from the Covod drop anyway?

But I also see this as incredible value at this level for anyone new coming onboard who believes that the company will succeed going forward. It's not going to do a Cineworld. Admittedly I originally entered here for a trade that hasn't panned out, but I see it as an easy hold with nothing to worry about.

This board has turned to excrement since the date for the JR was announced. Actually, it was already excrement. But it seems that little bit worse this week.

HarChris, it needs to average 37.5p over 90 days for the LTIP to be hit. Pretty much from September 1st to the end of the year. We could well see 40p+ in your scenario and the LTIP be missed due to the 90 day clause. I don't see it because nothing goes up in a straight line and the profit taking would drag it back. But this is AIM, we could be £1 by the end of the year for all I know. I just try to be more realistic than overly optimistic. I'd be happy to see the year end in the 20s.

Did greed get the better of you and you missed your 18p entry?