Jay,
Thank you so much for your reply. I read.. and I read.. and I read.. getting more anxious with every word. Then you started on the restructuring of NOW and I got gloomier and gloomier. Then I saw your last 5 words: So, get ready to buy.
My eyes almost fell out of my head! As usual, you always bring me flowers...
Are you expecting a biotech explosion in Hong Kong? You mentioned that as an idea of what might fill 648 or one of the other shells. It even went up 2 cents the other day.LOL
So what about that tsingtao brewery HK.128?
Do you know of any website where I might find the past daily sales on 648. In Canada, you can see the actual size of the sales on the smaller exchanges. I went to Asiasources(?).com, mentioned in a WSJ article this am and they have sells and buys for directors - only 1 sale for 648 and that was in early October, but nowhere near 8 million, let alone 87 million. Do you think they sold them off in small lots over time? If they sold the majority all in one block, don't they have to inform the exchange prior to the transfer?
No more picking your brain tonight.
You will be proud of me, we now will have one less stock. I guess I have to be honest, we did not exactly sell one, Bluestone Software sold themselves to HWP today. Eventually, my BLSW will become HWP and join the HWP already in the portfolio. I knew you would be proud of me for decreasing the portfolio.
BLSW is a local company that we heard about before it went public, but did not have an opportunity to do a PP. They closed around $23 today, but last January-February(Remember those glorious days), I think it was as high as $155. One of Merrill Lynch's holders includes them, weighted 20% and I wonder if they convinced HWP to buy the company and their stock -- they needed to get it out of their holder. I do not care how or who just that HWP did buy it. It has been languishing around $20 for a couple of months and I wanted to clear it out. Now I will have a few hundred shares of HWP to add to the ones I was planning to sell in the next week or two.LOL
I really enjoyed your note during your vacation. I am such a fan of your writings. In fact, I directed a new SI member to your posts and he is now addicted too. I share your PMs with him, not for the content but for how enjoyable you are to read -- and there is good content too!
Hope you passed your scuba certification and that you return many more times, with the same girl you took this year. You sound very happy with your wife and your life. That shows thru in your words, without every mentioning her.
Thank you again for your considerate replies.
Merry |
