Thread: My Prediction.

ebay auctions are down at least 50% right now

as far as the ISX I feel it is good for a dinar multiplier, you need to know when to get in and when to get out. I invested in the ISX, but also have cash on hand and cash in warka, so all bases are covered

Originally Posted by Goes4ever

ebay auctions are down at least 50% right now

as far as the ISX I feel it is good for a dinar multiplier, you need to know when to get in and when to get out. I invested in the ISX, but also have cash on hand and cash in warka, so all bases are covered

Ditto, although I am hoping most of my two current stock orders are filled during tomorrow's (tonights) session. That would make me roughly half at home, half in ISX, and 10% in Warka savings. Im done sending over more paper to Iraq unless the stock market starts to go through the roof.

Originally Posted by Bungalobill

Ditto, although I am hoping most of my two current stock orders are filled during tomorrow's (tonights) session. That would make me roughly half at home, half in ISX, and 10% in Warka savings. Im done sending over more paper to Iraq unless the stock market starts to go through the roof.

So when do you think the stocks will go through the roof?

Originally Posted by Traveler

If each share of your stock is only worth less than a U.S. penny today, that's what it would be worth after a reval tomorrow.

IMO, there won't be any huge profits made in the ISX as the result of a significant reval. They'll just express each stocks value in a lower amount of Dinar or Fils to reflect the Dinar's new strength against the U.S. Dollar.

An investor in the ISX won't lose any portion of their investment. The value of their holdings will stay the same.

What I believe will be the driving forces behind a reval are the desperation of the Iraqi people and action by the U.S. Congress to withhold the support of the U.S. Taxpayers. JMO.

When market conditions open up in Iraq, the value of the services or goods your company markets will also open up...i.e. increase in value. When people have the money to purchase goods, demand will rise. When demand goes up, supply will go down due to increased purchases, when supply goes down, the value of what is left in supply will likewise go up. In other words, what use to be worth 3 dinars, tomorrow could in essence be worth double, triple, or even quadruple the current value. All the market forces play a part in driving the price higher.

well to start off with, i dont understand how they are going to open the isx up over there. people will be buying into companies really cheap and for as the stock going up on these companies, you need to have a stable country for this to happen or you're just spending money for nothing(hoping to hit the big one). i think they need to revalue the money again to have a stable economy over there so their money will be worth something. the media doesnt tell you about all the good stuff thats going on over there with rebuilding iraq all they tell you is the negative.
keep your heads up and hope for the big one

Originally Posted by boomcreek

When market conditions open up in Iraq, the value of the services or goods your company markets will also open up...i.e. increase in value. When people have the money to purchase goods, demand will rise. When demand goes up, supply will go down due to increased purchases, when supply goes down, the value of what is left in supply will likewise go up. In other words, what use to be worth 3 dinars, tomorrow could in essence be worth double, triple, or even quadruple the current value. All the market forces play a part in driving the price higher.

Yes, I understand that stock that's worth a fraction of a U.S. penny could go up to a U.S. penny, but do you see that it will still only be worth a single, solitary U.S. penny after a 1 to 1 reval?

A 1 to 1 reval will make cash Dinar worth 1,000 times their present value, while the value of most of your stock will still be a U.S. penny or less per share.

Originally Posted by rickey1

well to start off with, i dont understand how they are going to open the isx up over there. people will be buying into companies really cheap and for as the stock going up on these companies, you need to have a stable country for this to happen or you're just spending money for nothing(hoping to hit the big one). i think they need to revalue the money again to have a stable economy over there so their money will be worth something. the media doesnt tell you about all the good stuff thats going on over there with rebuilding iraq all they tell you is the negative.
keep your heads up and hope for the big one

If a bank, Warka for instance, as another member stated has 12 billion shares of stock in circulation at 3 Dinar per share, that's a value of $36 million dollars U.S..

What's so cheap about that?

They're in a war zone.

You couldn't even visit the building, if you bought it for $36 million.

Well, you could. It's just that your chances of surviving the visit would be extremely low.

It seems to me that a downward revision of the value of stock in an upward revaluation is the same as a lop. Yes?

So, Am I to believe this is another day filled with a WHOLE LOTTA NOTHING?

I sure hope I'm wrong????

TNT

Originally Posted by Xman1

It seems to me that a downward revision of the value of stock in an upward revaluation is the same as a lop. Yes?

Once you've bought stock, you no longer have Dinar. You have shares of stock.

The value of your investment is based on the value of the company you invested in. The value of your stock doesn't have anything to do with the value of the Dinar.

If the value of your stock is expressed in fewer Dinar, after a significant reval, in order to reflect the new strength of the Dinar vs the U.S. dollar, you won't have lost anything. You just wouldn't earn the windfall profits that Dinar holders would.