I am holding at 17.5 and toping up at these levels but very ashamed to admit it as I feel for you guys.
Its a real harsh situation.....disgusting actually...but if you do some searching...I come to CNP being worth around $3 billion if they sell now.
So its worth something.
Whether they can push through a takover...I dont know....but I put them around 3 billion. 45 cents may do no justice. But at these prices...its getting a bit silly...we should see them around 25-30 pretty quickly...the market is just milking her for what they can get.
Dirty stuff.
CNP Price at posting:
16.0¢ Sentiment: None Disclosure: Held