just a theory, page-19

While we are on it I might as well say that I sold all my CNP holdings. 80000 of them which I bought at an average of 31.5 cents. The reason I sold them was not becasue I dont have faith in CNP but so I could switch to CER.

As people on here have said CER is a safer bet due to it being shielded from the super LLC trust and in the short to medium term CER I think should do better then CNP. Also CER acts almost in direct correlation with CNP so if CNP pulls through and goes back up again so will CER.

So now I am sitting on 60 000 CER shares which I bought at 11.5cents and I am also sitting on about $20 000 tax loss which I can use if I ever make a profit on any share trade in the future.

Seeing that I have no intention of selling my CER shares for the time being I can use that tax loss for gains I might make else where.

Orbis buying only CER and not CNP is another selling point.

The debt/equity swap is my big worry! although I think CNP will pull through I dont know how diluted the current shareholders holdings will be. There are many different scenarios which could occur with the swap, some good some bad.

So I think the best bet for holders of CNP who have taken a loss is to sell now switch to CER which will go up if CNP does and also take a tax loss which you coudl use else where.

CNP crashing like this might actually be a good thing in the long run if you want to hold for the long term. Gain a tax loss and take CER's up side.

A good example of serendipity.