CNP 0.00% 4.0¢ cnpr group

I will say this for the last and final time.Think of it like...

  1. 8,028 Posts.
    I will say this for the last and final time.

    Think of it like this, I went to the Casino (CNP) with a $1000 and I bought $1000 worth of Casino chips, 3 hours later, I have only got nothing but a $0.50cents chip, if I sell now that means I am going to cash in the $0.50 chip at the cashier, what is the point.

    I already have lost $64k, and I have only got $6k left, I don't need that $6k to live. I sold one of my houses last year made a $100k, decided to take 70% = $70k to invest, that was the plan, no I have not quit yet, because I haven't sold, but the point that I was making is, if you are new to CNP, do not buy, as a matter of fact, now it is the wrong time to buy into any stock at the moment, the sub-prime thing has not finish yet still long way to go, if I could do it all over again, I would rather send the money to World Vison instead.

    You can't pick the bottom of CNP, 11 months ago, CNP looked cheap at $6, 10months ago, it looked cheap at $2, 9 months ago, it looked cheap at a $1, 6months ago, it look very very cheap and it was $0.50, you know what I mean.

    If that $6000 is my last $6000 of my whole life, I would sell it, but it is not.

    IF I SELL NOW BECAUSE I AM SCARE THAT I WOULD LOSE MY REMAINING $6000, AND THEN 3 YEARS LATER IT GETS BACK TO $3, I WOULD HANG MYSELF, I WOULD NEVER BE ABLE TO LIVE WITH MYSELF.

    I won't buy anymore, I will not sell, I will ride it to the end, why because I have no choice, if I was gonna short it, I should have short it when I have lost only 20%, not now it is too late.

    But please don't tell others to buy CNP just because you think it is cheap, worth the risk, it is not. It is stupid to buy CNP at the moment. There is no support on any level, it is on a down trend.
 
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