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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (59761)1/31/2005 12:06:28 PM
From: Taikun  Read Replies (1) of 74559
 
Jay,

Have you ever heard of this?

I called up WL Ross & Co, Mr Wilbur Ross's LLC (Private) and I speak to a Wendy Teramoto, who told me that ITCL.PK is:

1. the ticker for International Coal Group
2. which is a private company
3. but you can purchase shares in ITCL.PK, $13.25
4. as a private company they do not have to make SEC filings
5. They have only 1 quarter behind them
6. The company may be public in the future
7. She could not disclose details on shares O/S etc.

Unbelievable. I have never heard of this before. A private company that trades publicly.

This is so incredibly intriguing, I may wish to purchase more, since whatever Mr Ross is involved with in coal, has a good chance at being extremely successful, and if there is a time to buy, it must be now.

David
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