I should hope that the company have placed a trade halt to stop people panic selling while the truth comes to the surface.
The lack of official vibes to this report makes me think it's someone up to no good, or someone who has beef with CCP - like others have speculated, maybe a disgruntled past employee. Maybe they're an amateur shorter trying to make big things happen, who knows.
In any case, the truth will come out, these things take time to investigate, and take time to formulate the information into a response legible to shareholders.....
So, hopefully the trade halt is just in place to protect holders from panic losses while the company formulates a response such as "so we worked out that this little punk is full of sheet and there's nothing to worry about, by the way he's being prosecuted" (paraphrasing of course).
Fingers crossed, I currently hold this company so I'm semi-clenched awaiting Monday's news.
Walrus
CCP Price at posting:
$18.84 Sentiment: Hold Disclosure: Held
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