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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (65666)6/29/2005 1:45:24 PM
From: Slagle  Read Replies (2) | Respond to of 74559
 
Moominoid Re:"Petrokazakhstan" This could be a really good short. Apparently the Kazakhstan government has issued some sort of statement saying that the in country assets of this Canadian based company really belong to the country of Kazakhstan. PKZ down 12% at the moment. Could this be fallout over COONC/UCL or some similar deal in Canada?

I'm gonna watch this one for a short.
Slagle



To: Moominoid who wrote (65666)6/29/2005 9:04:02 PM
From: shades  Read Replies (1) | Respond to of 74559
 
suntimes.com

I know the executives have said they don't intend a split - but never say never - hehe.

I am sure the new behavioral economists are doing studies why 300 dollar share prices make lots of people go short a stock and lose thier butt - some psychological "walmart" effect on j6p you see - my redneck buddy would buy a 30 dollar stock no matter its valuation long before he would buy a 300 stock that was a great value. Such pyschological factors are not the same issue for big billion dollar fund boys eh?

See if I have a read on Mr. Phil Grande - right now the the big banks and institutions are pumping this stock - but if they are ever gonna offload it onto J6P they are gonna have to have a smaller share price so grandma millie can take her 15 dollar saved milk money and buy some cheap goog with her sharebuilder account. Grandma millie will never get 300 together at one time in her life - but she might save 30-60 bucks one month. gotta slice and dice that baby to pawn it off to the suckers at the bottom of the pyramid eh? So I believe they indeed will have to split some time in the future, regardless of what the great guys running GOOG want.

One of the posters just said a company is not its stock - raymond I believe.