The Form 605(s) should be out soon to highlight who has been shaking the tree. Who has been selling and buying. My guess is MUFG. They became a substantial shareholder in November and began selling down in Jan/Feb. I would say this has continued and by simply taking advantage of the negative sentiment (in the general market) MUFG will likely begin purchasing again when the retail have been fleeced. Rinse and repeat whilst Carbon is working through macro impacts and the general market sentiment allows it. I am not against this free market behavior which is why managing ones emotions is paramount during periods like this. Has the story changed for Carbon - I don't believe so.
I guess it just pays to keep and open mind when the extreme negative comments (most unsubstantiated) start to come out of the woodwork during market sentiment periods like this. Pays to keep an open mind and a steady hand to either the extreme level of optimism or negativity.
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