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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (45084)11/8/2005 2:19:42 PM
From: Knighty Tin  Respond to of 110194
 
I don't know. I have my Patek Phillippe watch in for cleaning and my Honda in for an oil change, so I'm kind of confused right now. I'm gonna go home, take off my Kiton suit, eat some caviar and ponder the question while sitting on my Ikea furniture. If I get bored, I'll turn on my Toshiba television and watch some old Monty Pythons to clear my mind. I only buy a Mericun products. <G>



To: ild who wrote (45084)11/8/2005 2:41:04 PM
From: ild  Respond to of 110194
 
Date: Tue Nov 08 2005 12:56
trotsky (siempre@CESI) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
yes, i'm still following it. i have a watch list that contains all of Big Bob's picks, and this one traded below its cash per share for a while here ( still the case as far as i know ) . of course it burns cash as a developing company, but even so, a discount of 50% to NAV is pretty steep.
technically the recent low looks also intriguing - it looks like a typical disinterest bottom with tiny volume and lots of oscillator divergences.
since the share float is relatively small it could make a big move on any piece of good news ( whether such news will be forthcoming is open for debate, but the emissions reduction technolgy for coal power plants sure looks interesting ) .