CNP 0.00% 4.0¢ cnpr group

CNP was always going to rally and then pull back.Looks very...

  1. 119 Posts.
    CNP was always going to rally and then pull back.

    Looks very chaep sub 10c for the long term holder , just bought a few at 8.9 for a spin over 3 months looking to help reduce my entry when I was knife catching.

    In my opinion not a stock to day trade , but good for short term (3 month) buy on bad days , and hold as it slowly edges up.

    Just my opinion based on the companies asset backing, lack of need to distribute income while repaying debt, and the reducing interest expense coming from reducing int rates.

 
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Currently unlisted public company.

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