Thread: My Prediction.

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 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.