RE: NEWS....PP closes
A company starts to sell flow thru shares when it is harder to get financing thru other means. The investors like flow thru shares as they can sell the shares and get a big tax write off (depending on the terms) but they get a big tax write off and the value of the shares can drop greatly and they are laughing all the way to the bank. But when a flow thru is done shares can be shorted ahead of time and with these speculative stocks they can be manipulated very easily by the market makers of the brokerage houses. Flow thru share underwritings are very detrimental for the good of the company and beneficial to the investor. I would not shed a tear and I don't own any shares of cuu and this is just my opinion and can apply to ANY company. Remember it is the small investor who is the loser but what is life without a dream.
I do hope to buy some cuu maybe just before Christmas depending on the market but we may see prices continue down, but China has just allowed the companies in the country to hold more foreign currency in their treasuries without converting then into chinese currency so this will give the U S and other western countries more room to print money and continue this style of inflation for who knows how long. These are just some of my ideas and thats why they are free.
Also I believe the metal markets are too small to prevent them from being manipulated as all this inflated money has to go some where. This globilization thing could go around and around until all the people in the world decide they don't want to hold paper and then all gold needs to be taken off the market. Then we can get to start over.
Spend your money and enjoy life