since 12 noon nearly 900,000 shares have been SOLD DOWN into the .335 bid line by what looks like off screen sellers ie. the selling has had little impact on the depth of the .34 offer line (nb: in comparison, buying into the offer line of .34 has been minor).
...is this:
- manipulators# who are quickly picking off the weak hands so as not to let the bid line and buyer momentum as suggested by Sarcophagus;
OR
- is it just battle-scarred sellers wanting to quietly sneak out of cnp at the end of a down week?
either way, the selling pressure has been steady.
------------------------------------------- (# these manipulators would presumably need very deep pockets, be unafraid of more price falls, and be prepared to hold for the long term)
-------------------------- OCCAM'S RAZOR - http://en.wikipedia.org/wiki/Occam's_Razor --------------------------- "All other things being equal, the simplest solution is the best." In other words, when multiple competing theories are equal in other respects, the principle recommends selecting the theory that introduces the fewest assumptions and postulates the fewest entities"
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
