time to say goodbye, page-59

Its all about percentages. Blueballs did not say CNP will go bust, he basically said if you look at the percentage of companies who have endured similar heartache, many have gone to the wall. This is not stating that CNP will go broke, its stating there is a high percentage that it could.

I have a number of times thought about the prospect of trading CNP, there have been many opportunities, but what sticks in the back of my mind is the potential for an extended trading halt. May or may not happen, but with companies in distress like CNP is, there is always a greater risk of the unexpected.

Inveting in CNP at $1 is a much better investment than buying now at 24c with so much uncertainty.