sell one million two hundred thousand..., page-8

....at lunch time yesterday a 1,200,000 share sell order was placed on CNP at .355 while the offers was at .35 and the bids were at .345

at the time many claimed this was just a capper being very obvious and wanting to keep the price down to accumulate more cheap shares.

at 10.50am today the 1,200,000 offer disappeared at exactly the same time as a similar amount of shares was dumped taking out all of the .345 bids and hitting the .34 bids.

its a fair assumption that today's .345 dumper was yesterday's .355 offerer.

can one be both of these at the same times:

- a capper wanting to accumulate; and

- a dumper of 1,200,000 shares

i am finding "capper theory 101" increasingly hard to follow on CNP.

....but remain keen to learn from any astute commentators out there.

cheers