The charts have turned very negative for Carphone Warehouse over the past month, they are trading at a very high price earnings ratio, all retailers have reported a poor Christmas, they are losing market share to the likes of Tesco and have got a poor rating from JD Power in Customer satisfaction.

sp suddenly surged to target level so i have taken my profit thank you very much!

Pipeline comes up with an unsubstantiated "red hot story" that bid is imminent if not yesterday ...... must have a direct line with God.
Paintshop, another comedian, reckons he has a "reliable source" that says BSY are shorting the stock.

My own view is that the surge is much more prosaic = "normal trading" bears taking their profits with a subsequent squeeze by MMs.

Time will tell whether or not I am the buffoon and the comedians the Oracles of Delphi