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CPP: Slam dunk short at 4.7p – Target price 1p (or much less)

By Tom Winnifrith & Lucian Miers | Friday 19 April 2013

Disclosure: The author has a short position in one or more of the shares mentioned. 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.

Earlier this week Zak Mir indicated that if CPP (CPP) shares closed at above 7.35p they would go to 12p and that the shares were a good risk reward buy at 7p – see here.  There is more chance of the Pope opening a strip joint in the Vatican than of this happening.

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