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To: mishedlo who wrote (256070)8/15/2003 11:47:42 AM
From: KM  Respond to of 436258
 
Herb Greenberg writes regularly for Street Insight. Click here for his bio. In keeping with TheStreet.com's editorial policy, he doesn't own or short individual stocks, though he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. Email him at Herb Greenberg. Herb also writes a monthly column in Fortune, and is a regular contributor to TheStreet View, TheStreet.com's professional trading newsletter. For more information on this product, please click here.

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Dark Thoughts?
8/15/03 10:58 AM EDT

A power-protection stock surges -- before the blackout.


I don't want to get into the conspiracy theory business, but here's one that's simply too hard to pass up: Take a look at the stock of Chloride Group (CHLD:London), which trades across the pond. Choride claims it's "the leading specialist in the power protection marketplace." Its stock, which started moving Monday, traded up more than 10% yesterday on 6.8 million shares. Normal average daily volume: 770,000 shares. Kicker is that the heavy trading took place in London, where the market closes at around noon New York time.

And for what it's worth: The company has reported no news since July 23, when it had its annual meeting.

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