I too thought they would be down further today on the back of the Dow last night.
May have presented a buying opportunity.
However, dangerous to be short.
My logic:
Any announcements by the board are likely to be positive about their PROGRESS in sorting out their re-structure/loans. They will hardly be putting out a near term announcement that they are not making any progress.
Therefore be long, or be out........ ATM
Just my thoughts
Cheers
Bendigo
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held