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Hot_Commodity
Hot_Commodity
P&P Score: 99.36   Points: 69.54   Accuracy: 83.26%   Average Pick Score: 2.34   Annual Return: 20.70% (75.03% since 10/10/08)  

Hot_Commodity's Blog : Effects of additional GPO on share price

Date September 10, 2009    Comments Comments (1)    Rate this post Recommend This Post (91)   
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CX had announced weeks ago that a Global Public Offer of $1.2B of new shares was planned and is now coming SEP 23rd. Since the market cap is now ~$10B, that effectively would dilute current shares by 10%, no? Sounds like a prime candidate for a short sell (3J, are you listening?). Is this a no-brainer or would this dilution already have been factored in? There were no major sell-offs when the offering was announced.
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Author JoeJustJoe     Date September 10, 2009 19:06 Abuse this post Report Abuse
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Ahhhh yes, CEX, the Mexicali cement company Jim Cramer wrecked back in 2007 cuz he thot BRIC's were made outta cement. Lemme axe you sumphin. Ifn the fokes who oversee ALL of the trading desks at GS came out 3 mumphs ago and said that they was gonna issue more stock and GS stock itself wuz "honestly" only werth $121 dallahs... yet it is now trading at $175 dallahs....why would you sssthink that an announcement about dilution would have ANY effect on the pooter that the Evil Empire of GS has running numbers on CX? Just curious. Just fo yer info-may-shun....pooters are emotionless. Sheeple have emotions...and whenst the sheeple see what pooters can do well...they wanna be just like the pooter...cuz pooters are NEVER wong! ...and doanchu ferget it. *-) I see no reason why clowns n idiots can't be "hoodwinked" into driving the price o'CX to say 13.70....so I "hope" you have no objection to me adding this POS to my "list" Meanwhilst, heeeya's one in the same seckter that is sooooo crappy that you wouldn't even consider touching until it is up at least 5739485% offa the low that will be coming to a trading desk near you soon....ready? >>> RMIX :o Whenst (not if) it hits $1 dallah...I "might" give you a hollah. In the meantime I "suggest" you keep loading up on them thur "divie" paying stocks cuz eventually the divie is gonna get painfully eliminated....then the price o'the company's stock behind the divie is gona get painfully eliminated....then the bondholders is gonna try in figger out ifn it is even "worth it" *-) Well, looka what happened to GM...the stock went kaput...but do you even shivagits?!! I didn think so. *-) 3J
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