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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST

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To: TobagoJack who wrote (53017)8/2/2009 2:03:10 AM
From: Seeker of Truth  Read Replies (2) of 218085
 
To change the topic, does anybody have an opinion of GKO.L?
This is GreenKOL Group, an Indian company, listed on the London
exchange.
First they have no earnings.
Second they are involved in two interesting enterprises, namely
growing jatropha, the seeds of which have lots of oil to fuel
all kinds of vehicles, and also mounting turbines in rivers to
generate electricity. They have signed contracts with local
utility companies. Signing contracts may simply be promising to
lose money. I don't know the details.
The time to buy such a thing is
1. Never?
2. When they are making money and the stock has already advanced
a lot?
Seeker of Truth
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