If the announcement is simply an extension until Sept, CNP won't jump much. It simply won't go anywhere near a dollar. Lets face it owning this stock isn't really an investment it's a calculated gamble. We all may still lose everything. For what it's worth, my opinion is the gamble isn't worth it if all you are looking at is profit taking and doubling your money. I've taken the gamble on the basis that they may be able to sort out their problems and provide a lifetime of dividends.
CNP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
