RE: coorsman - It's funny that you say "First Energy was the buyer for CPG's Arcan holdings.
For the longest time FE was the only inst. having an underperform rating on the stock"
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That's the genius behind CPG, and why they have been so successful. Few had a clue that CPG was accumulating such a large stake in ARN. Many were curious why FE was buying so much, but only a select handful of investors were privately discussing the possibility of it being CPG.
While yesterday's bump was nice to see, we still need that progress report. The company has said that it will be out "by the end of the month", lets hope they surprise us and release it at least a bit early!