You might be right intellimoney, but I don't think so. Subtle buying is going on granted the games are hard to read. The 30th announcement will be seen as good news as it shows on going support by the banks. And CNP's core business is out performing expectations.
CNP seems to be doing very well all things considered. The only thing holding CNP back IMO is the May 30th announcement. We know how risk adverse the market is but once that is out of the way we should be saying goodbye to these cheap levels.
In fact I think we are going to see a run up to the May 30th announcement. It will be interesting to watch CNP today being Friday as next week is crunch time. I say that as CNP has a funny way of doing well on Fridays before news is due.
Might have something to do with Glenn and his ability to work magic on the weekends as the normal admin stops and he gets to actually get some "real" work done. Just my thoughts but hold tight centurions our time in the sun is not far away me thinks hehehe.
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