Yes... $3-4 levels are definitely a bit of a way off in the future. CNP will need to get the financing locked down, the divvy restored, and some time elapsed before it trades near NTA, let alone at a premium. I'm afraid IMHO everyone's getting a bit overexcited about Monday open... I would be surprised if the sp got anywhere near $1.50 like some are suggesting... but hey have been wrong before.
Anyway, always have a timeframe of above 1 year for these time of plays especially re tax... don't want to contribute to Kev07's Sorry Compensation Fund any more than I have to :)
equity injection and cnp strategy, page-3
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