I got in CNP at $1 even and aim to hold through the Feb...

I got in CNP at $1 even and aim to hold through the Feb refinancing and beyond.

If it refinances and gets over current troubles then $2-$3 but mid year is on the cards.

At worst it goes bankrupt and you lose your money.

But $2-$3 upside is 100-200% gain.

So, it gets down to this fundamental question: is the liklihood that Centro will go bankrupt greater than the probability it will refinance and continue on?

If you think its a toss of a coin ie 50/50 bet then you'd be jumping on Centro because the upside gains of 200% is twice that of the potential loss of 100%.

In sporting odds terms, you are getting 2 to 1 on your money for a 50/50 bet - and I'll take those odds everytime.

But dont put up any $$$ into Centro you aren't prepared to lose - this is by no means a stock for the weak hearted.

Good luck to all who are in it and here hoping $3.00 comes around by June 30.