I was a bit worried to watched the share kept falling today, and was wondering whether the negative input by some so called fund managers. Then I read on Reuter's news that one of the top 200 shares dropt $0.19 (it is a under $3.20 shares!) realized that there are so call herd mentaility or crowd psychology situation. From the time I read the news till market closed it fell further $0.10! All because JP Morgan recomend either "neutral or hold"
There are a lots jitters reaction on Friday. I still believe CNP is a very solid sound company the top guy said all the way they are not going to have fire sale, but a few had look around. I am pretty sure when the time and price is right it will be disposal to pay the extra interest charge, reduce debt.
Thank you so much again. for those have different views feel free, it is a free world. Just don't put your anger in this forum. Please.
Have a nice weekend everyone!
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Held