the reason cuo sp dropped

Todays LATE announcement dated 1/9/08 Shows who has been borrowing and selling CUO shares and its affect on the SP.

Merrill Lynch International have been borrowing their clients stock in CUO under their client rehypothecation right where the client consents to allow Merryl Lynch to utilise their securities for any purpouse and for Merryls own benefit.

Have a look at the constant borrowing and return of their clients CUO shares.

Angers