- over 9 million shares in the top 6 bid positions - less than 4 million offers in the bottom 6 positions - more than a 2-1 buyer to seller ratio (where it matters) - all this despite some sizeable regular selling this pm
have not seen this sort of depth for a while.....depth like this has preceded some decent buying pushes in the past.
last friday the bid side was stacked, by what most observes believe was a single buyer, with 12 million shares at the close (was taken off again before monday's open).
someone seems to have an appetite for cnp and appears to be positioning for a run on the stock before the distress sentiment flattening cnp inevitably lifts.
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held