Some friends here made a packet from the recent rumour of the GLBN split, and some lost out on the opportunity to short " with certainty", and we now languish with our uncertain shareholdings, purchased at between $18 and $24. One friend here recently argued the theory that GLBN was nothing more then a "front" for CNBC's beachead onto the market for financial news and trading in Europe, followed by other global markets. Yesterday's announcement of yet another building block in Canada, added to UK, Italy, then Germany, Spain, France and (inexorably) so on, confirms the theory that the entire business plan of GLBN is the development of a global news and trading system!!!! If Media moguls have decided that the future demands that "trading" must be as much a part of their business mission as "media" is already, then it is logical to assume that someone as large and strategically oriented as CNBC would be the prime mover, in the plans now unfolding with CNBC.
BUT,RECENT EMAILS FROM MY BROKER SOURCES IN THE UK SUGGEST THE POSSIBILITY THAT WE ARE ALL MISSING SOMETHING HERE????
The IrishQuestionMaster!!! |