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CPP – The biggest bear squeeze I have ever seen: Evil Knievil

By Tom Winnifrith | Sunday 4 August 2013

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Fully listed CPP Group (CPP) shares have rocketed to 16.5p in what infamous short seller Evil Knievil describes as “the biggest bear squeeze I have ever seen”. Evil, aka Simon Cawkwell, remains short and expects the shares to collapse, but admits that they could easily go higher short term.

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