Why stock decline so much.
All cornerstone funds are down due to CFP's N-2 filing for an RO (Rights Offering).
CFP RO is for every 3 shares you get a non-transferable right to buy 1 share at 107% of NAV.
CFP NAV is $4.65 as of 04/19/13.
i found on td america's web site yesterday where they said thier macd was negative due to investor sentiment. in other words, market munipulation.
Why stock decline so much yesterday..?
Usual 3+ or past exdiv date drop in share price commonly written as 3+exdiv date.cheers
Sentiment: Strong Buy