RE: Bernard Maybe he unloads because of different reasons: In the past he did, on one hand, trade CDO, on the other hand he did identify with CDO as he has been building the story from the beginning. Meanwhile, after he is out of CDO totally, his affinity towards CDO might be gone totally , so that he decided even to stop his speculative involvements at CDO. Additionally, CDO still does not look great, nobody seems to be impressed about the new management. So he might not see much gains in near future and stops holding. Last but not least his private problems still might cost him a lot, thus he needs the money.
By the way, it is still disappointing, that neither Bernard, nor Reed and obviously nor Eisler makes the markt happy a little bit. This teels me, the market does neither trust the stroy nor the new management. With other words:
If the AGM confirms the new ledershiop, we might not see a lot of change in the price movements and sidewards movement at level 0.03 might gone on and on. But I predicted this anyway in 2011 already.
Sad story meanwhile without much hope for the near future. Well, just IMHO, but MHO has not been that wrong in the past - unfortunately.
My prediction: 2014 could be interesting.