Still no position in CHAR, but the plot thickens...
dailynews.yahoo.com
Thoughts of one yahoo poster...
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Allen & Company Incorporated 11,222,387 (2) 18.31%
Cascade Investment, LLC 3,333,333 5.69%
Whittier Ventures, LLC 3,373,556 (3) 5.73%
Anyway, I noticed in the company's 10-K that Allen & Company, Bill Gates' investment vehicle (Cascade) and the investment vehicle of the Whittier family are the three principal shareholders. And, now the company is partnering with the largest oil company in the world (based on production). Is it really absurd that the stock would go from 6 to 35 after having come down from 175 following the collapse of the Russian economy? A hoax? With Allen & Company's involvement? With Cascade's? With Shell's? Seems sort of unlikely to me. But, hey, who knows, right?
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Still too risky for my blood, but I'll be watching from the sidelines. If it get's back to the low to mid teens I may consider a small position if I don't turn up anything ugly the next few days. |
