Byteme, it's not a prophecy, it's my Grandma's belief. She's seen it happen to many marriages.
Anyway, if you look at the charts cnp in the last 2 months have gone from 50+ cents to 25c today. You could have picked up cfe for 25c 2 months ago and it is now 50+ cents.
As far as profits go, cfe look to be getting $400 million in cash in the near future and are not exposed to the credit crisis or the U.S property crisis/recession.
Stop losses have worked well for me of late and like to encourage others to use them. Needed to use it on one of my long term stocks GWR which I know will be good one day but without using a stop loss could have found myself losing a substantial amount of money.
I also used a stop loss on CNP which I am glad I did. Hate doing it but you've got to protect yourself.
I hold CFE and believe they will be a dollar in the near future.
Regards,
Mulgabill.
CNP Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held
