Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Demetre Deliyanakis who wrote (6325)	3/16/1999 7:33:00 PM
From: James Clarke	Read Replies (6) \| Respond to of 78481

Second that on MO. I owe every dollar of cash I have to the government April 15th, so I have to be on the sidelines for a while. But MO would be one of my top three to buy if I could right now. Another one to look at is ANGLY. The bad news is its a mining company. The good news its the world's biggest mining company. The stock is cheap to start with, but that's not the reason to buy it now. The story is this. This is a South African stock (US ADR) which is about to be listed on the London Stock Exchange. When it is listed, European index funds will have to buy it. This is like Berkshire Hathaway being listed, because there are very few shares out there for the index funds to buy. DeBeers owns a large percentage of the company. I hear that indexers and closet indexers will HAVE to buy something like 30-40% of the market cap. But only about 60% of the market cap trades. Sometime over the next month, this could turn into a squeeze. I don't have all the information, but the guy who fed me this is 110% reliable. Do your own homework and see if you can confirm this. JJC