I was holding CNP till recently...even felt part of the CNP BOS club.
However...after...and to this day holding MFS / OCV many many shares....I just couldn't put myself at the whim of a company trying to negotiate itself out of a problem.
I am 99.9999999% certain CNP has an extension. I dont think profits will be 100% overnight....but I think 30%+ is in order.
I also think CNP is a company that will rebound to the $5-6 mark within one year.
Just wish I could have held through this but my energies were dried up through potentially loosing hundres of thousands on MFS / OCV....however their story continues....in approx 2 months.
With CNP though....well done the BOS club...if you hold for a few months....my prediction is you will probably be making around 6 times your money.
Well done to Baron et all....hats off to ya.
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held