CNP 0.00% 4.0¢ cnpr group

dont let your cnp holding be used by shorts

  1. 4,485 Posts.
    If you are a holder of CNP put in a sell order as high as possible. Or 99c as one suggested. This will prevent your shares being lent to shorts. If enough holders do it then the lenders may have to call back shares of shorts so they will have to cover. It will take a massive group of holders to pull it off, but its worth a shot.

    Why give shorts ammunition to push CNP lower and to oversold. As far as I'm aware the superfunds etc that do the lending can only lend a small proportion of their holdings, so may not take as many shareholders as you think to creat a short squeeze. My sell orders are in well above the market, do the same with yours!
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