I have been following CPN for a while now.
I have been considering buying as risky turn-around or possibly buy-out target.
However, I am troubled by the consistent sale
of stock by Mr. P Cartwright.
Am I reading things correctly? It looks like
is obtaining stock thru options @ $0.61 per share then turns right around and sells same @
the prevailing market price????
If so, this guy is getting very wealthy @ stock holders expense.
agree, Tks. I believe CPNs pps began to move up around Christmas time and after to a high of 6 by late January until it finally hit its high of 6.27 in Feb. It was downhill from there. Poor performance. Hope this time around is different.
The shorts continue to have a strangle hold on this stock. Until CPN gives the market a good quarter we will probably remain in the 3-5 range. ANy news other than a positive quarter will be hard pressed to move up up significantly. Hope I'm wrong...