I just get the feeling that someone's really trying hard to create mass selling
IMO, if it looks like mass selling and the PPS acts like it's mass selling....well. you connect the dots as you will.
Downward pressure on this stock has been raised here before and promptly dismissed for the usual reasons: lower priced shares, shorting, etc, etc, etc.
Let's look beyond the downward pressure from large shareholders who are well documented potential sellers of CTGI to the bigger picture:
The new management team was announced how many weeks ago? And still no sign of meeting those contingencies for their accepting their new roles (bridge financing).
This is not the first time that CTGI has had top-notch industry pros on their roster: Frank D and Richard A got us all quite giddy. Where are they now? I hope this time around that things work out as the compnay forecasts, but from a realistic POV, the old adage "fool me once..." might be worth reviewing.
