"I can't see downside from this level" - Raymond that's what I've said about several stocks, only to be proven wrong as the market decides to take no prisoners.
When the market crashes, speccies crash even more. I've learnt the hard way so far (with a lot of room for downside if the market keeps plummeting).
The ASX factored in a pretty bad overnight performance today, so let's hope the market pulls up good and starts a short-term rally.
As much as I hate to say it, when the market crashes fundamentals go out of the window, just like logic does.
Good luck CAPpers, for your sake I hope you don't have to wait until May 2012 to find out the resolution of Hawsons.
CAP Price at posting:
20.8¢ Sentiment: Hold Disclosure: Held