THere will be no P&D in CNP. There is way too much positive speculation that will elevate it to highs at the end of trade over the next few days. It will be held and those that do trade out will undoubtedly be bought up by those wanting to hold for the additional growth a more medium term approach. The DTs will get in and out during the trading day, however most people will be holding for the ellusive $1+ mark. Or the price at which the unfortunate ones who owned in the $4+ awaiting a recovery back to those points. Interestingly that might occur sooner than expected if extension and recapitilisation occur quicker than market expectations (possibly by the end of the year).
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