Constellation Energy (CEG) is spirialing downard as S&P put the stock on credit watch for a possbile downgrade. The company has hired Morgan Stanley (MS) to discuss options. My guess is that the odds of Constellation Energy selling its stake of Constellation Energy Partners (CEP) has increased. Might be a good thing for unit holders in the longer term to be in the hands of someone else. Of course the company says everything is fine. The market is in no mood and no one has any credibility these days.