CNP 0.00% 4.0¢ cnpr group

hedge funds driving it lower, page-8

  1. 10,917 Posts.
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    Followme I agree that shorters are rife in the market at the moment.I don't hold CNP but I see the shorters are using it as they know of the panic to force the price lower.Unless sentiment changes say CNP sell the assets and buyers come in then the short sellers will need to cover their position.The price would move up quickly.I remember this taking place on ALL some years ago when it went to 50c.Another one I am watching and have picked up some is REU.I believe REU has sound fundamentals NTA $1.14 and once more buying comes in the shorters will need to cover their position.
 
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