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  1. 1,739 Posts.
    Yeah Baron,

    Maybe I run that hedge fund that Ang011 was talking about. Bit hard to ramp/downramp a stock with 15million share turnover per day.

    It is interesting getting a feel for the holders of CNP on here. It seems that most who are holding are using 'hope' as a form of making profit. CNP for many is a 'story' but they have no numbers to back it up - and when it comes to the stock market, it is no secret that stories stir up strong emotions.

    The handfull of smart posters who are positive on this stock believe that CNP will be able to pick and choose which assets it gets to sell.

    The banks effectively 'own' $4billion worth of property that CNP have been servicing loans on. We know corporate debt financing is super tight. Do banks want to continue to carry on supporting this much debt or will they be happy to sell some of it (of their choosing) to outside bidders.

    Smarter posters on here think CNP get to choose.
    I think the banks will also get to choose, as it has already been pointed out 'these are not normal times'.

    Can beggars be choosers? This weeks action will reveal more of the unfolding story.


    Joel
 
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