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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: SirRealist who wrote (95737)4/12/2000 4:40:00 PM
From: changedmyname  Read Replies (1) | Respond to of 108040
 
CRFH was simply a victim of 2 markets... people buying at 160 didn't know there were 50 million shares out... or the fact that it would open ask-only in Japan. Not much info was out there... plus the japanese mkt was correcting techs, etc. At the time I was buying, when doing the math, the ADRs here were trading at a discount to the value in tokyo. I haven't looked of late to see what it is at in Japan... so I don't know the discount or premium.

Unfortunately, I took a loss in the company... oh well... wouldn't be my first and certainly won't be my last.

Regards,
Jason