Guys/Girls, I'm sure there is a plan in place. Now what you need to decide is how your going to trade in CNP if at all.
Example I have a core holding 300.000 shares long and from time to time have a trade as I see fit over and above that.
Today I sold 200,000 and re brought 100,000 at .465 now that was where I thought the bottom would have been and in hindsight should have left it to the final Auction.
What I'm trying to say is don't be greedy if you have a good profit realize it and see what happens, if it drops a couple of cents then step back in (buying a falling stock) This is a bear market...
What are the possibilities of the SP going to the 30's? Who knows depends on the frequency of news, media, sentiment, litigation and a whole myriad of other things.
I don't think Centro is a gamble, far from it. But it's not going to do somersaults any time soon without some major news. So have some fun, play with half of your holding. Look at buying on close and selling on open but make your expectations realistic and don't put the farm on it if you can't handle the pressure.
CNP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
