Hey Intel, The funny thing is the market is over reacting to most companies on the asx. To me it seems like they think the world is coming to and end and their is no solution to any of the current problems!!!(yes some circumstances there's probably little if any solution)...
But cnp have alot of possibilties to fix up their current balance sheet and keep in mind those excellent assets. If this wasn't the case then i'll reconsider my position.
I also believe other than the short sellers, we also have alot of amateurs trying to put a price tag on a company.What we need is some real professional market analysts and brokerage firms suggesting buy and hold strategies for some of the the asx companies.
If people reflect on the past they will know that the stockmarket moves up in the long run.So way purchase shares in a middle phaze of a bull market where u can buy and hold in a bear market.
CNP Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
