RE:RE:Any other oil company bid by Chinese?braincloud wrote: You're kidding right?
Unfortunately I'm serious :)
When Suncor bought COS, after the news, the margin was small. When Chinese Co. bid, due to people doubt, the margin are much bigger. For example LRE, after the news I was still able to buy/ sell/ buy/ sell....and finally held at $0.36 until $0.52. BNK, I also able to buy/ sell..several times, then finally last 2 shots(+13.5%) within 5 weeks. I'm Chinese from Hong Kong. I know how China think...especially oil companies...they need oil companies.