Apparently Paul Cozzi, who is one of the largest shareholders, has to retrieve funds to pay for a mayor legal dispute. The selling has nothing to do with the performance of CDX...its only a personal motive. How long the selling will go...I don't know.
What I know is, that he is selling already for quiet a while now....may be 6 month.
An updated top 20 statement would help to see where we are at....
but my guess we are coming to an end of this constant down pressure by Cozzi.
CDX Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
