CNP, at least for the moment is running purely off sentiment. I mean it’s clear, you see a positive news article stock price goes up, no further news, price goes down. Negative news, price goes down.
Mention the name Centro to someone in the public (who knows a little about stocks - even some people who know allot). You can almost see them vomit. I have seen it many times now. Then ask why? They won’t give you a specific reason; just say that it’s a dog.
The reality is allot of people got burnt with this stock and it will take a while for sentiment to change. Mind you news of asset sales - some positive media coverage and we might have a complete reverse or at least some new players who are up for a punt.
CNP, at least for the moment is running purely off sentiment. I...
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