Good Very Early Morning . . .
I bumped into an old friend of mine named Chuck @ the Lacrosse game up @ Princeton today . .
Chuck is a very creative stockbroker who made a ton of money back in 1998-2002 trading mostly on line / in foreign stocks / & mostly in Russian stocks . . . Part of my reason for going & standing in the heat was in hopes that he would be there . . .
We talked about the ISX for a little while, and then I asked him a hypothetical question . . . “Without electronic trading, how long would it take him to place a considerable size buy order on the Iraq Stock Exchange?”
“About fifteen minutes,” he answered . . . “I have several colleagues that I am sure have connections that could get that done.”
Point is: At the current exchange rate brokers outside Iraq will find a way to buy up Huge blocks of any stocks associated with building & re-building housing, roads, bridges, pipelines [ water, oil, gas ], refining, drilling, etc. . . .
BTW: Chuck has been waiting to jump in on this soon-to-be feeding frenzy / and hopes there is no RV until he fills his portfolios . . .
No phone updates, remember time differences / my best time to call / & be called is around 5 am eastern time . . .
I gotta get some sleep / I’ll be around later today . . .
Best to all . . . RR . . .
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Thread: "RollsRoyce ISX Tidbit!"
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03-06-2007, 08:28 AM #1
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