CNP 0.00% 4.0¢ cnpr group

what is happening , page-3

  1. 733 Posts.
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    Hi rcponting,

    As you probably are aware, the share price was driven up late last week and early this week following a report by Reuters...

    http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSSYU00480420080725

    I suspect there has been some profit taking yesterday and today. Perhaps some of those who bought in on the news are getting impatient as the week progresses, are are unwilling to accept a widening loss, and are selling as the price falls. Perhaps others determined that there were better opportunities in the market today and transfered money to other stocks.

    Just my thoughts on some possibilities. Hope it helps and all the best.

    dc1
 
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