Orga,
Certainly a large seller around. I don't believe they are shorting CNP at these prices as too big a risk of a price spike. Would have thought legal actions weak excuse to sell. Insto selling could be due to any number of reasons i.e. now see CNP as high risk?,exposure to other problems in portfolio or even new fund manager clearing the decks.
Pity not a long term accumulator around because more & more stock finishing up with traders.
Regards
Buffett
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