What’s CBE Worth, page-880

I am not surprised by today’s sp movement as this is a highly dealer controlled stock, which normally has negative correlation with the market index especially in a big green dy. Because of the weak liquidity at the moment(holders don’t sell & investors are very cautious to buy), dealer can either up the price or down the price to enhance the liquidity. In such a green dy for such a dealer controlled stock, of course dealer will choose down sp to increase a little bit liquidity. Tomorrow could be a different transcript.