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IMHO, two types of investor will sell at this level:

1 Competent but impatient investor ( mostly, to offset Capital gain earned during the last finanical year, and in the hope of buying back at lower price)

2.Incompetent and impatient investor (tired of waiting good news coming from CNP, dissatisfcation of PR from CNP, can't stand to loss, tax purpose( a little portion of it)

On the other hand, there are two types of investor will remain ( some accumulate, some stand on the sideline) in the game

1. Patience and Competent 2. Patience and Incompetent

It is my believe that CNP will fall close to previous low, once it reached that level, this might be good time for CNP to shoot the bullet and updating some market sensitive news to the market (e.g. progress on the sale of CAF assets)

Let's wait and see. God blessed those who have patience and trust in CNP