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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: jim_p who wrote (37281)12/9/2004 1:16:10 PM
From: Ottrose  Read Replies (1) of 206303
 
<<I suspect the(re) will be litigation>>

One can only hope. This a textbook example of why individ investors have to stay on their toes 24/7.

The stock gets bid up from 26 to 65 in less than a month on virtually no news, they offer 5 million shares at 60 (existing shelf), the offering closes, then they send a PR out saying "our offering closed. oh, by the way, Chevron nixed an equity role in Sabine." oh yes, the release came out last night at about 9:30 Eastern.

Last I saw: 32 employees and a market cap last week 3/4ths that of Ford? No thanks; I'll play LNG through Sempra (SRE).

jim p, you saw this one coming, didn't you?
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