Marvin: Thanks for your post. I agree, more DD needs to be done, and there is a need for caution. I'm going to be on vacation all next week, so I won't be making any calls. I think I'll have internet access though, so I'll try to check up on this thread. Hopefully by the time I get back my investor's packet will have arrived, and that should provide some answers and suggest some new questions.
To everyone: I certainly didn't expect the stock price to jump up as far and as fast as it has the last two days. I expected more selling, and I still think we may see a big decline in price. If it doesn't, for those of you who stayed in, congratulations.
Is there anyone who watches the trades during the day and knows how much of the volume for the last two days has been sells and how much buys? Off the topic, please keep the SOLU stuff on its own thread or personal email.
regards,
Mike
PS: A little political history of STP taken from "The World Almanac and Book of Facts 1996":
"The islands were discovered in 1471 by the Portuguese, who brought the first settlers - convicts and exiled Jews. Sugar planting was replaced by the slave trade as the chief economic activity until coffee and cocoa were introducted in the 19th century.
Portugal agreed, in 1974, to turn the colony over to the Gabon-based Movement for the Liberation of Sao Tome and Principe, which proclaimed as first president its East German-trained leader, Manuel Pinto da Costa. Independence came July 12, 1975. Democratic reforms were instituted in 1987. In 1991, Miguel Trovoada won the first free presidential election following the withdrawal of Pres. da Costa. A military coup that ousted Trovoada August 15,1995, was reversed a week later after Angolan mediation." |
