It is depressing that CNP continues to go down however something to consider is that during the same time the All Ords has dropped from around 6000 (may 19th) to 5359.
Other companies have also felt the same pain which has been reflected in their share price and sure people selling for tax purposes plays a large role.
While every night I pray to the sharemarket god to raise CNP from the depths I know that while everything else is going down it will be hard for the shareprice to go against the trend especially with all the dramas surrounding CNP.
I am still holding...but then maybe I am naive. Time will tell.
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